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June 20, 2013

Portugal property market is picking up - golden opportunity

The golden visa opportunity which I mentioned in my recent article of May 5th entitled "Portugal gives gold visas to non-Europeans who buy houses" seems to have come to the attention of the UK media.

telegraph 17 Jun 2013

I noticed the recent article pictured above in the Telegraph on the 17th June with an appropriate byline/sub-header, "golden opportunities to be had when buying a home in Portugal".

The article by Jake Wallis Simons is very positive about the property market in Portugal, as well as drawing attention to the obvious benefits of our calmer lifestyle and friendly folk, the spectacular beaches, excellent food and wine, golf, watersports and pleasing climate.

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June 19, 2013

Where to Buy - Lisbon Region - Living in Portugal - Obidos

Four of the six resorts in the Lisbon region recommended as places to buy on the goverment website, Living in Portugal, are in the Obidos area. Three of those are beside the Lagoon, and one on the beach....

livingportugal.jpg

We've always thought of the jewel in the crown of Portuguese tourism, Obidos, as being at the heart of the Silver Coast region, but it's been clear for some time that the government wants Obidos in the capital's tourist region.

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May 5, 2013

Portugal gives gold visas to non-Europeans who buy houses

Portugal will now grant residence visas to non-Europeans who buy houses for 500 thousand euros or more under a new law enacted in October.

The first "gold visa" was granted earlier this year in New Delhi to
an Indian businessman by Portuguese Foreign Minister Paulo Portas.

buddhaeden.jpgBudda Eden - between Obidos and Bombarral

The gold visa is already proving popular with investors and private
individuals from the new economy "BRICS" countries (Brazil, Russia,
India, China, South Africa) as this enables them to have Schengen rules
access with the ability to travel freely within the 25 European countries
that make up the EU.

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September 21, 2012

Financially more interesting. Definitely much prettier.

There is a lot of established property at Praia do Bom Sucesso,
mostly built around 15 years ago, which means that the location has
mostly mature gardens trees and lawns which always looks more
pleasing to the eye than the concrete jungles of newer resorts.

largeview.jpg

The Royal Obidos golf course is up and running. This makes the beach
at Praia do Bom Sucesso, (sometimes known as Foz Gronho) a
financially more interesting and definitely much prettier investment
location on the West Coast of Portugal than inland resorts like
the Bom Sucesso design resort which is few miles up the lagoon.

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March 31, 2010

Plaza Oeste to have more leisure and tourism?

In the image below you can see the original 2008 concept
presented by "Design International" for Plaza Oeste located
between the A15 motorway and the waters of the lake created by
the Arnóia Dam. (click on the image to see full size)

Plaza Oeste

As I posted earlier in a reply to the thread "A dos Negros
construction project? Plaza Oeste?
"- the president of Obidos
council, Telmo Faria, stated in December 09 that he unofficially
knew that there "had been a redefinition" of Plaza Oeste "with
greater investment in the leisure and tourism components".

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October 2, 2009

Silver Coast Properties and Portugal - Moving on Up

I see that the Halifax International Expat web site yesterday
highlighted the Silver Coast property market in an article
entitled "Portugal predicted to be international property
success
".

The article says that the Silver Coast is particularly
anticipated to do well, with a rise of between 50 per cent and
75 per cent in property prices between now and 2015.
Not a bad return for six years.....

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August 4, 2008

Silver Coast, Oeste Region or Lisbon Golf Coast?

Where is best to invest? The heart of the Silver Coast in the "Oeste" region or the Lisbon Golf Coast? To be in all three is best, so be sure to buy your property in the "Oeste", where four billion Euros is being invested in 17 new resorts which it is planned will be marketed as part of the newly lauched and expanded Lisbon Golf Coast.

The "Oeste Region" which forms the heart of the Silver Coast is undergoing so much radical change and investment that by 2015 the number of developed resorts and golfing complexes will jump from only one in 1997, to seventeen or more.

golfmapsmall.jpg
Image taken from Jan 2006 PDF file by António Carneiro president of Região de Turismo do Oeste. Click to see larger file.

The image above shows the information about 13 of the resorts as they were published in a PDF file by Região de Turismo do Oeste in January 2006. At that time there was a concentration of 5 resorts planned in and around the Obidos Lagoon. They can be see on the map as....

1 Praia D'El Rey,
6 Bom Sucesso Design Resort,
8 Pérola de Lagoa,
9 Falésia D'El Rey
10 Quintas de Óbidos

The concentration in the Obidos Lagoon area has increased to 7 resorts with the addition of Rainha Golf and Spa in Serra do Bouro on the the Foz do Arelho side of the Lagoa do Obidos, and with Royal Obidos already in the site clearance phase also at position 9.

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