The Silver Coast, known among locals as Costa da Prata, is often named among the top tourist destinations in the world. This secluded beach paradise, while still connected to major world destinations, has maintained a distinct hold on its Portuguese culture and way of life. The Silver Coast is home to long idyllic beaches overlooked by rocky cliffs and a handful of authentic Portuguese towns. As a destination on the rise, the Silver Coast has one of the fastest growing property markets in Europe and offers many investment opportunities.
One of the reasons why the Silver Coast is becoming so in-demand is due to its less crowded beaches of equal quality to its counter parts in the more populous Algarve. Along with this benefit, the Silver Coast holds true insight into the Portuguese ways of life and all that the culture has to offer.
The Silver Coast has excellent investment potential for a number of reasons. This picturesque holiday destination is not far from Lisbon airport and as new road developments continue to grow, the Silver Coast has gains higher appreciation potential. Many residents choose the Silver Coast as their second home, as property prices offer higher value when compared to Lisbon or the Algarve. There has also been an increase in hospital facilities and international schools in the area, creating an even bigger pull to this coveted area.
Targeted for strategic tourism development, the Silver Coast is a recommended investment area as prices will continue to rise as popularity increases. Planning regulations intend to restrict developments that are too close to the beachfront so that the Silver Coast will not become an overdeveloped area. Other aspects that make the Silver Coast an attractive destination lies in its appeal to sportsmen – it has held the Rip Curl world surfing championship on its beaches and is also home some of the best rated golf courses in the whole of Portugal.
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