Reasons to Invest
What makes the properties at Praia D’El Rey such a wonderful attraction? The Silver Coast.
Why the Silver Coast?
Channel 4's A place in the Sun, claimed that Portugal's Silver Coast is one of the top three best European location to invest in property, with a potential of a 360% return within 10 years. And Praia D'El Rey sits at the very heart of this region. Located in one of the most breathtaking areas of Europe, with its stunning scenery, its history, and its charming villages and towns, the Silver Coast has become a major attraction for second home buyers. Within this region alone there has been an increase of up to 40% on property values over the last three years (based on resales values at Praia D’El Rey between 2003 and 2007).
Overall, the supply and demand for residential property in Portugal is continuing to grow. Since 2000 house prices have increased on average between 10-15% per annum. This is a strong market for buy-to-let investment and year-round yields of some 10% are being achieved in the golf and beach holiday markets. This is backed up by national growth statistics that show GDP grew by 1.2% in 2006, 1.8% in 2007 and that it will grow by 2.1% in 2008.
Why Praia D’El Rey?
Praia D’El Rey’s growth is built on solid foundations; over the last 10 years we have built over 800 properties, a 5 star Marriott Hotel, a tennis centre, and a cliff-top golf course voted as the best in Portugal
Praia D’El Rey is one of last places in this region to be granted permission for development directly on the beachfront and there is no option for further building. This means these unique properties with their spectacular views over the Atlantic will never again be repeated on the Silver Coast. Many properties are available off-plan meaning that you only have to pay 30% on signature of contract, with the remaining only due on completion, generally within two years after construction begins.
- Its close proximity to Lisbon International Airport, with its direct daily flights from most major European airports
- Plans to build a new international airport in Lisbon and a high-speed train connection from Lisbon to other major European cities will see the country and region opening up to even more international trade, all of which creates a buzz which rentals and resales will take advantage of
- The Atlantic climate of the region: mild winters and warm summers
- The relaxed southern European culture and lifestyle and the reasonable cost of living
- A democratic political system within the EEC and the safe and mature social system
- Several sports and leisure activities available for adults as well as children, both in and around the resort
- A steady stream of self-catering holidaymakers ensure good rental returns
Tax Advantages
Apart from sun, sea, sand, stunning properties and a good return on your investment, you may be liable to tax advantages, contact your lawyer or financial adviser for more information.
Why Invest – Relax!
Resort Services – Property Management
At Praia D'El Rey Golf & Beach Resort, you are not just buying a property; you gain a new lifestyle, an investment, a holiday home, a place where you can escape to or even a combination of all four. And our resort services reflect this
We can totally manage your property for you; from cleaners to maintenance or even stock your cupboards before you arrive we can do as little or as much as you want. If you are looking for your property to generate income for you, then we can enter it into our rental pool and manage this on your behalf.
For your peace of mind, unlike many other resorts, our on-resort service team is a fully-owned company giving us and you total control. And should you have any problems or questions, then our multi-lingual team will deal with them quickly and efficiently, allowing you to simply enjoy your home at Praia D'El Rey.
