The Silver Coast region of Portugal has been listed as the third most profitable location in Europe to invest in (by "A place in the sun"), this location is taking off in a big way.
The Portugal Silver Coast (Costa de Prata) region is booming economically and has a strong capital growth on property. Whilst this is a good reason to buy property here, it is by no means the only one.
The region is stunningly beautiful with wide golden stretches of unmarked sand, turquoise sea and rolling countryside. You will find olive groves and luscious vineyards, with fantastic wines. The cost of living is a fraction of the Mediterranean hotspots or the Algarve and the people are friendly and welcoming.
The opening up of this region by the new A8 motorway from Lisbon means you can be sitting with a glass of wine in your hand within an hour’s drive of the bright lights of Lisbon. Millions are being pumped in to the region, but the Portuguese have learned their lessons from the Algarve and developments are strictly governed and controlled to ensure the beauty of the Silver Coast region is never spoiled.
The Silvercoast is truly an unspoilt gem in the heartlands of Portugal, you can still drive for 15 minutes along the coast and find yourself a completely deserted stretch of beach or stroll through the many medieval and charming villages that abound. Everywhere you go you will find the people friendly and helpful. The Castled town of Obidos is still contained within its original city walls and is described by many of the travel guides as one of the most picturesque medieval towns in Europe.
Investment in modern roads has made the countryside and villages accessible, so you can enjoy the tranquillity of the countryside or find waterspouts, golf, boating and hundreds of other leisure activities are all in easy reach.
Water sports can be enjoyed from the Peniche recreation centre, including scuba diving and fishing.
There are equestrian centres in Lourinha, Atouguia da Baleia and Rio Maior.
Some of the best golf courses in the world are springing up around the Costa de Prata and virtually anywhere you should decide to buy will be in very easy reach of a great course. Try: Praia d'el Rey (18 holes), Rio Maior (18 holes), Consolação (9 holes) and Porto Novo (9 holes).
Events abound in the region throughout the whole year look out for: Celebracoes da Semana Santa (Easter) in Obidos (March/April), Torres carnival in Torres Vedras in (February), Festival do Vinho in Bombarral (July), Festas da Nossa Senhora da Boa Viagem in Peniche (1st Weekend August), Montejunto festival in Cadaval (August), Alenquers Feira da Ascensao festivals in Sobral (September) and Festas e Feiras de Verão in Sobral de Monte Agraco (September).