Growing interest in Gold Coast

Coastal property opportunities near Lisbon have come on the market.

Growing interest in Gold Coast

Portugal’s Blue Coast, just south of Lisbon, is one area which is benefiting from increasing property prices in the Algarve. These high prices have ensured that people are looking further afield.

This is contributing to increased property related traffic in areas such as the Blue Coast and is a factor in the rapidly growing tourist numbers in the region. So much so, that it is considered by many to be the number one emerging tourist destination in Portugal, itself in the top three tourist and vacation property destinations in Europe. Indeed, for the first half of this year Portugal has been neck and neck with France in terms of interest from Irish buyers.

Palmela Village is a ‘Village Style’ resort with contemporary designed luxury studios and one and two bed apartments. The development is located on a Jorge Santana da Silva designed 18 hole golf course with excellent on site leisure facilities. It is also just 20 minutes from Lisbon Airport, which gives it access to six flights a week from Dublin.

The resort is set in the heart of one of Portugal’s premier golf-tourism regions and is to include an on-site supermarket, restaurant, bar, launderette, beauty clinic, hair salon and healthcare facilities. The apartments themselves are finished to a high standard, with all kitchens coming fully fitted and equipped. The properties also come with a bank guaranteed rental of 5% per annum for three years, five weeks own use and interest-only mortgage finance available up to a loan-to-value (LTV) of 80%.

Larionovo are exclusively selling the studio, one and two bed apartments in Palmela Village with prices for a 40 sq. m. studio unit starting from €98,000, 50 sq. m., one bed units from €125,000 and 90 sq. m. two beds from €225,000.

For further information contact 1890 252 138 or visit www.larionovo.com.

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