Resicom – Holiday Investment – 04-21 – LB

Portugal’s Solid Silver Coast

Foz do Arelho

Situated less than an hour north of the capital Lisbon, Portugal’s Silver coast is becoming increasingly popular with British overseas property investors.

Also known as the Costa de Prata, the Silver Coast is a stretch of spectacular coastline that runs for approximately 150km up towards the fishing town of Nazaré, on the eastern Atlantic coast of Portugal.

Proximity to Lisbon, less than an hour drive away, is making this relatively unspoilt region of Portuguese coastline increasingly popular with those overseas property investors looking for a true taste of Portugal without the hustle and bustle of the Algarve.

The Silver coast is easy to reach, with plenty of low cost airlines serving Lisbon airport, from where good motorway links can have you at your Silver Coast property in less than an hour.

With over 275 days of sunshine a year the region is not far behind the Algarve, enjoying mild average winter temperatures of 17 degrees, whilst in the summer you can bask in the sunshine with average temperatures of 27 degrees.

One of the biggest attractions of the Silver Coast region is that you can get all this for around 30 per cent cheaper than the equivalent property in the southern Algarve region, whilst still enjoying seemingly endless beaches and quaint towns and villages for a real taste of Portugal.

Caldas da Rainha

One of the busiest spots on the Silver Coast is Caldas da Rainha. The thermal spa town has everything you can possibly need in the way of shops, supermarkets, cafes, banks, hospitals, and even a large fruit and vegetable market six days a week.

Óbidos

Óbidos is a medieval town set slightly inland from the coast. With a preserved medieval castle, the grounds of which are used to host various festivals throughout the year, visiting Óbidos is to take a step back in time, with cobblestone streets and whitewashed houses.

Foz do Arelho

Alongside Óbidos on the coastline where the Óbidos lagoon meets the Atlantic lies the beach town of Foz do Arelho. To one side of the large sandy beach is the Atlantic Ocean, to the other side are the tranquil waters of the Óbidos lagoon, ideal for children and a variety of water sports in the warm salty waters.

Other beach resort locations such as Figueira da Foz, Nazaré, and São Martinho do Porto are also worth checking out.

As is the unspoilt haven of Berlenga Island, reachable only by boat. It is a natural reserve for various birds and animals, and also offers hiking and camping. The island houses a fort and lighthouse.

Property prices on the Silver Coast are generally around 30 per cent cheaper than the Algarve, and an apartment can be found for around €120,000.

Family villas with swimming pools start from around just €200,000. Or if you are looking for something more impressive, contemporary villas and large country properties can be obtained for around €750,000 upwards.

For those British overseas property investors looking for a true taste of Portugal, coupled with close proximity to the cosmopolitan capital of Lisbon, and affordable property prices, the Silver Coast might just be for you.

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