Silver Coast Properties – Portugal Economy Strengthens

Portugal’s economy is out of recession, with a 0.9% growth in the third quarter, following the 0.5% growth recorded the previous quarter.This rise has had a knock on effect to property sales, which is becoming more of a demand. Many have suggested that this popularity is coming from customers who would have previously been interested in purchasing property in sunny Spain. However Spain’s economic climate does not match its Mediterranean climate therefore buyers are taking more of an interest in prosperous Portugal.Portugal has always been a popular destination with overseas property buyers, especially the Silver Coast and Praia D’el Rey regions. Buyers and holiday makers tend to be more attracted to the Silver Coast, with is an unspoilt haven of glorious beaches and charming villages than other parts of Portugal making it a property hot spot. Portugal’s Silver Coast looks picturesque and also includes many of the luxury leisure facilities that would be expected from a ‘second home’ destination such as the renowned Golf and Beach Resort Praia D’el Rey. This world famous resort received additional recognition when it won the title of ‘2009 Europe’s Leading Golf & Leisure Resort’. Some of the country’s most impressive architectural, religious and historical sites can be found in this province; And in less than an hours drive from Lisbon International airport.Founded in 2005, Albatross rents and sells villas including those located in 5 resorts across Portugal. From investment opportunity to a family home Silver Coast is abundant with opportunities and the perfect location for a luxury holiday. The growth of Portugal’s economy can only strengthen this beautiful destination and make it even more sought after.