Property in Portugal

An exceptional lifestyle investment opportunity, Silver Coast Residence comprises 15 completed three bedroom properties located on Portugal’s sublime Silver Coast.

Affording a frontline location with breathtaking views of the Atlantic Ocean, these superior quality homes starting from €320,000, constructed by award winning British developers, Obrana, can be secured with initial investment from as little as £27,600.

Located only 45 minutes from Portugal’s capital city, Lisbon, the Silver Coast is fast becoming a popular tourism, commuter and second home destination. With current supplies of quality accommodation in the area low, Silver Coast Residence presents an exceptional opportunity for buyers to gain guaranteed rental income, significant capital growth and personal use.

Specially designed to be in perfect harmony with the natural surroundings, Silver Coast Residence echoes the elegance of typical Portuguese architecture, yet offers all the comforts and luxury of modern lifestyle.

Clay roof tiles, calgada paths, Ferrogres floor tiles, ironwork balconies and pergolas are just some of the traditional features to be found in these exceptional homes set in landscaped gardens around a central pool. Terraces and balconies make the most of the ocean views and offer an ideal place to relax in the sun. All properties have individual parking in the basement together with lockable storage and selected units have their own private garden.

Interior Comfort

Each home is finished to the most exacting standards using the finest materials and the best local craftsmen. Features such as open plan living / dining rooms, modern kitchens and bathrooms, built in wardrobes and air conditioning provide for an easy living lifestyle but always with a touch of elegance.

The unspoilt Silver Coast provides a wealth of delights from the miles of sandy beaches to the gentle green landscapes dotted with ancient windmills, quaint traditional villages and admirable world heritage sites.

Lourinhã

The coastal town of Lourinhã, home to Silver Coast Residence, is located only 30 minutes from Lisbon and offers 18km of sublime Atlantic coastline. A burgeoning tourism hotspot, Lourinhã is well located between two high profile golfing developments, Praia D’el Rey and Westin Campo Real. Less than 10 minutes drive from Silver Coast Residence, a new 18 hole golf course is planned with a further 5 world championship courses in 30 minute radius as well as historical sites and endless powder white beaches.

Accessibility

Silver Coast Residence is easily accessible from the UK with direct flights operating from a number of regional airports to Lisbon daily. The flight time is under 2.5 hours and then it is only a 45 minute drive, due to be reduced to 30 minutes, from the capital to the development.

There are a wide range of amenities available within minutes of Silver Coast Residence including:

• Beaches 5 mins
• Restaurants 5 mins
• Lourinha Town 5 mins
• Golf courses 20 mins
• Obidos 25 mins
• Lisbon 45 mins

 

Deposit Funds Secured

For investor security Deposit monies are protected by a promissory contract which under Portuguese law entitles the buyer to twice the Deposit or charge on the completed asset.

Established Award Winning Developer

Obrana Construction, the British developer of Silver Coast Residence, is the largest luxury villa builder on the Silver Coast operating for more than 20 years. Commitment to service and exceptional quality are echoed in their unparalleled testimonials.

Completed and key ready

Silver Coast Residence is a completed development where luxury abounds. Built to the highest specifications, using the finest materials and with a superior finish both externally and internally, these homes are truly exceptional.

Key ready and available immediately, savvy investors can capitalise on this low risk opportunity to generate rental income or enjoy personal use this summer.

Purchasing in Silver Coast Residence is straightforward and hassle free with just
3 simple steps:

1. Reservation – €5,000
2. Promissory contract – 20% minus reservation fee
3. On Completion / deed – 80%

Investors have up to 4 months to complete after exchange of contract.

Reducing Your Deposit

It is possible to reduce the Deposit required to purchase in Silver Coast Residence. The 5.25% guaranteed rental income for 2 years can be gifted at time of purchase (if exchange is completed within 4 months) reducing the initial cash investment required by a minimum of €30,000.

On Completion

It is a requirement of entering the Rental Programme that a suitable furniture package is purchased. This will cost €18,000 and is payable upon Completion along with stamp duty from €1,536. However a gifted furniture package is available for the first 5 purchasers at Silver Coast Residence.

Closing Costs

All closing costs are paid by the developer saving you over €27,600.