Innovative property investments
Portugal Property Investment News
Silver Coast is Portuguese "hotspot"
Low prices and improving accessibility make Portugal's Silver Coast the most promising investment destination in the country, according to Homesgofast.
The development of a new airport - open for business next year - will attract more visitors to the region as well as boosting property prices, says Nicholas Marr, chief executive officer of the company.
Discussing the huge potential of property in Portugal, he said: "We view the hotspot as the Silver Coast, which is one-hour drive north of Lisbon airport, where properties are normally half the price of the central Algarve and they've got good quality and potential."
He went on: "For a townhouse with a pool, that will go for less than €150,000; or a detached villa for less than €200,000."
However, he advised investors to get into the market quickly, as "the prices on the Silver Coast are rising faster than anywhere else in the Algarve region".
The stunning beaches and scenic countryside of the Silver Coast are sure to win over any potential investor.
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