Many of those who discover this up-and-coming coastal region go on to fall in love with it. The Silver Coast is rapidly becoming the most desirable part of Portugal for discerning property investors, and the price movements are beginning to reflect this growth in popularity. For those seeking property for sale in the Silver Coast (Costa Prata as it’s known), the advice would be to act sooner rather than later, before the prices soar to match the properties for sale in the Algarve.
The Silver Coast stretches from north of Lisbon up the west coast to Porto. The most popular areas of the Silver Coast are currently the areas from Lourinhã up to Peniche, on to São Martinho do Porto and Nazaré on the coast, and a little inland to the town of Caldas da Rainha and the medieval walled city of Óbidos.
Property on the Silver Coast is currently in hot demand, and provides a fashionable alternative for those seeking an option away from the hustle and bustle of the Algarve. Of course, there are differences between the two regions. In the Silver Coast not so much English is spoken and in some inland areas it will be almost non-existent. One should be prepared for the adventure that comes with choosing a region, like the Silver Coast, that is untarnished by tourism. In fact, the Silver Coast remains the real Portugal, where traditions and culture abound. The beaches are incredibly popular in July and August with Portuguese holiday makers, thus maintaining a distinct Portuguese feel to the area, even since its recent discovery by foreign tourists searching for their bargain holiday beach home.
There is also a marginal difference between the weather fronts of the Silver Coast and the Algarve. More marked though is the huge difference in weather fronts between anywhere in Portugal and the U.K! Central and Northern Portugal boast beautifully hot summers, blue skies and sunshine throughout the winter, and what maybe even be considered a bonus is that they don’t experience the fierce dry heat of the Algarve. However one looks at it, the weather will always be a joy compared to that of the U.K.
Another reason to choose the Silver Coast, is that property prices are still a lot less than most other destinations in Southern Europe. However, with the recent trend to buy in this region, investors are hoping that the Silver Coast will see the sort of price hikes that the early investors of the Algarve enjoyed. Most are also hoping that further development will be controlled as the local authorities are promising so that the peaceful charm of the area won’t be swamped. But can there be hope for a rise in prices and yet coasts and towns remain unspoilt? Some say yes as the Portuguese have watched and learned from the rate of progresss in neighbouring Spain.
If you have not yet discovered this delightful region of Portugal, put it on the top of your list of destinations before you consider investing anywhere else. You won’t be disappointed.
For examples of properties for sale on the Silver Coast, go here.