Better Homes at Better Prices

The Silver coast, in Portugal boasts white sandy beaches that stretch for miles. But, what most people don’t know is that the Silver coast offers better homes plus better prices. Better Homes? Well, they are generally considerably better value than most other areas in Europe. The British buyers discovered the Silver cost about 2 years ago. However, even with better prices, the international property buyers haven’t bought there in their droves…. Yet.

 

However, there are signs that the buyers are bucking the trend at the moment. The Silver coast clearly has what it takes: Easy access through Lisbon’s International airport, great rail and road access and better homes plus better prices.

 

 

 

To view a selection of over 200 International properties for sale on the Silver coast, Portugal view Algarveprop.com and contact the local office through their website. They have properties there for sale from just €40,000 up to several million. They have everything from small plots of land right through to a luxury villa for sale.

 

 

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Penthouse set in a Sublime Location

Looking for a hideaway property in a sublime location?

This penthouse apartment must be in one of the most sublime locations of all.

It sits nestled above the beautiful natural Andratx harbour in the southwest of Mallorca. The up-market harbour offers quaint local shops and seafront restaurants, together with a marina and sailing club where even the little ones can spend their time learning to sail in the safe harbour environment.

If you are looking for the perfect combination of a sublime location and a place in the sun, this one bedroom apartment is surely one of the loveliest homes overseas available. Priced at just 590,000 euros, this penthouse offers sea views from the 50 square metre terrace, and a communal pool shared between just 20 apartments.

More information on this penthouse, and other overseas properties abroad can be viewed at Gatehouse Elite, which offers a full portfolio of luxury homes overseas, all set in the prime locations.

Properties in Cascais area, West Coast, Portugal

Cascais is a coastal town situated 30 kilometres west of Lisbon on the Lisbon Coast. The town was formerly a fishing village but is now a popular holiday spot for Portuguese and foreign tourists alike. Cascais is surrounded by beautiful beaches such as Guincho Beach to the west and is a popular region for sailing, windsurfing and kitesurfing due to wind and sea conditions. Cascais is one of the richest municipalities in Portugal and was used by Portugal’s royal family as well as becoming home for exiled royal families of Europe. Below is a selection of properties for sale in Cascais. For further details of properties for sale in Portugal or visit our website www.algarveprop.com

4 bedroom semi detached property set in a private condominium with a communal pool. This spacious property has a covered area of 195m2 and is close to the Guincho beach in Cascais. The price is €400,000 euros. Email us here for further information-ref aces_aet_1001

2 bedroom first floor apartment for sale in Cascais on development with communal pool and reception service. Living area of 130m2 and priced at €450,000 euros. Email us here for further information ref aces_aea_1012.

6 bedroom semi-detached property just 5 minutes walk from the centre of Cascais. High standard of construction and communal pool and gardens. A great West coast property. Price is €550,000 euros. Email us here for further information ref-aces_aet_1009.

Large 6 bedroom, 6 bathroom luxury villa located within a golf development in Cascais. Features include air con, garage, basement and central heating. Price is €925,000 euros. Email us here for further information-ref aces_aev_1007

Brand new 5 bedroom villa in golf resort in Cascais with intelligent house system and underfloor heating. Also features, cinema, games room, gym and wine cellar. Price is €1,650,000 euros. Email us here for further information ref aces_aev_1008.

Properties in West Portugal Nr Estoril

Owing to a Mediterranean type microclimate, the Estoril Coast in the West of Portugal, has mild winters and an ideal summer temperature which never gets too hot. The autumn is ideal and is like a second spring. This West Coast area starts in Carcavelos, 15 kilometres from Lisbon, and stretches as far as Guincho, striking a harmonious blend between the delights of the land and the enchanting beauty of the sea. The Estoril Coast, in West Portugal, has 7 golf courses, all with individual characteristics. The Estoril Casino is the largest in Europe. There is a great deal of entertainment here, including different types of gambling and nightly cabaret and music hall shows in a sophisticated atmosphere. Check out www.portugalprop.com

Rush to Place Deposits in Irish Banks

The recent announcement by the Irish Government that they will make a public guarantee to all customers of all six Irish banks with their headquarters in Ireland, has rocked other countries.

It now appears that the inducement of a safe haven of an Irish bank offering a guarantee backed by the Irish government has started a stampede of investment transfers. This is not surprising when the financial world is currently a very uncertain environment and other governments offer much lower thresholds as guarantee levels for investors, should a bank foreclose.

With the British government now talking of raising it’s public guarantee to £50,000, the unlimited guarantee looks very attractive to high net worth individuals. Foreign exchange specialists have been exceedingly busy in the last few days, exchanging pounds sterling for euros and transferring the funds to Ireland.

The 6 Irish banks benefitting from this are: Allied Irish bank, Bank of Ireland, Anglo Irish bank, Irish Nationwide Building society, the Educational Building Society (EBS), Irish Life & permanent combined with the Permanent TSB.

The value of the euro against the pound can be fixed for a given period ahead. If you don’t wish to transfer your deposit money now, you can book the rate of exchange now, for a date ahead.

To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange, or call 01480 458400.