Opportunity description

Portuguese Property
We sell a range of high-end Portuguese Property in various locations in Portugal. For more information about any of our developments call to speak to one of our consultants today.

Fast Facts
Area
91,982 sq km
Population
10.6 million
Capital City
Lisbon (population: 2.5 million)
People
95% Portuguese, approx 5% ethnic minorities
Language
Portuguese
Religions
94% Roman Catholic, 2% Protestant, 4% other
Currency
Euro

Portuguese Property: Key Investment Points
• One of the lowest costs of living in the EU
• One of the most popular tourist destinations for British tourists
• Major retirement destination due to the peaceful lifestyle and quality of life.
• World class natural beauty, with rivers, cliffs, exquisite golden beaches and mountain ranges
• Extensive history and cultural heritage
• Well established property and finance markets for foreign investors
• English is widely spoken
• Over 300 days of sunshine per year
• Stable political climate
• Benefits from having the lowest crime rate in Europe
• Construction density limits long term property investors
• A large number of world class golf courses
• Excellent property growth rates and rental returns
• Close holiday destination for many European families including those from the UK.
• New emerging markets within Portugal offering more opportunity for investors.

Praia D’El Rey Resort
Completion date:2010
Praia D’El Rey’s growth is built on solid foundations; over the last 13 years we have built over 1000 properties, a 5 star Marriott Hotel, a tennis centre, and a cliff-top golf course voted as the best in Portugal.
Praia D’El Rey is one of last places in this region to be granted permission for development directly on the beachfront and there is no option for further building. This means these unique properties with their spectacular views over the Atlantic will never again be repeated on the Silver Coast. Many properties are available off-plan meaning that you only have to pay 30% on signature of contract, with the remaining only due on completion, generally within two years after construction begins.

Property In Praia D'El Rey : Key Investment Points
• Its close proximity to Lisbon International Airport, with its direct daily flights from most major European airports
• Plans to build a new international airport in Lisbon and a high-speed train connection from Lisbon to other major European cities will see the country and region opening up to even more international trade, all of which creates a buzz which rentals and resales will take advantage of
• The Atlantic climate of the region: mild winters and warm summers
• The relaxed southern European culture and lifestyle and the reasonable cost of living
• A democratic political system within the EEC and the safe and mature social system
• Several sports and leisure activities available for adults as well as children, both in and around the resort
A steady stream of self-catering holidaymakers ensure good rental returns

Fringed with coconut palms overlooking a stunning beach, Caracola Beach and Spa Resort is a luxury apart-hotel resort with 1244 beach-front, one and two bed apartments on the picturesque Isla Margarita.
The resort facilities includes bars, restaurants, spa and gymnasium, communial pools, high end retail strategically located around chillout areas and beautifully landscaped grounds.

What makes the properties at Praia D’El Rey such a wonderful attraction? The Silver Coast.
Why the Silver Coast?

Channel 4's A place in the Sun, claimed that Portugal's Silver Coast is one of the top three best European location to invest in property, with a potential of a 360% return within 10 years. And Praia D'El Rey sits at the very heart of this region. Located in one of the most breathtaking areas of Europe, with its stunning scenery, its history, and its charming villages and towns, the Silver Coast has become a major attraction for second home buyers. Within this region alone there has been an increase of up to 40% on property values over the last few years (based on resales values at Praia D’El Rey between 2003 and 2008).

Overall, the supply and demand for residential property in Portugal is continuing to grow. Since 2000 house prices have increased on average between 10-15% per annum. This is a strong market for buy-to-let investment and year-round yields of some 10% are being achieved in the golf and beach holiday markets.

Praia D’El Rey’s growth is built on solid foundations; over the last 10 years we have built over 1000 properties, a 5 Star Marriot Hotel, a tennis centre, and a cliff-top golf course voted as the best in Portugal.
Praia D’El Rey is one of last places in this region to be granted permission for development directly on the beachfront and there is no option for further building. This means these unique properties with their spectacular views over the Atlantic will never again be repeated on the Silver Coast. Many properties are available off-plan meaning that you only have to pay 30% on signature of contract, with the remaining only due on completion, generally within two years after construction begins.
A mix of aprtments townhouses and villas - enquire for more details on individual properties

Resort Services – Property Management

At Praia D’El Rey Golf & Beach Resort, you are not just buying a property; you gain a new lifestyle, an investment, a holiday home, a place where you can escape to or even a combination of all four. And our resort services reflect this.

We can totally manage your property for you; from cleaners to maintenance or even stock your cupboards before you arrive we can do as little or as much as you want. If you are looking for your property to generate income for you, then we can enter it into our rental pool and manage this on your behalf.
For your peace of mind, unlike many other resorts, our on-resort service team is a fully-owned company giving us and you total control. And should you have any problems or questions, then our multi-lingual team will deal with them quickly and efficiently, allowing you to simply enjoy your home at Praia D'El Rey.
Location
If you want to experience the real, unspoilt Portugal while enjoying the luxury of five-star surroundings, then Praia D'El Rey Golf & Beach Resort on Portugal's gorgeous and rugged Silver Coast has it all, less than an hour by car north of Lisbon airport.

But the resort also has much to offer outside its gates. History is to hand, including nearby Peniche, a pretty and unspoilt ancient fishing port, that as late as the mid-16th century was an island in the Atlantic but, following hundreds of years of silting up, is now joined to the mainland. The town is best known as one of Portugal's surfing must-visits and is also noted for the sprawling landmark fortress overlooking its harbour.

Head out of Peniche, making for the peninsula's western headland (two kilometers from the town) and you arrive at Cabo Carvoeiro, a favourite spot for sun downers seeking panoramic views of the Atlantic and the strange-shaped rocks of its eroded coastline.

But while the days are hot, the area around Praia D'El Rey is prized by sunbathers for its empty, pristine beaches, especially those near Baleal, a small island village five minutes from the resort set around an idyllic fishing cove reached via a beach causeway. From Baleal, on a clear day, you can see the islands of Berlenga, rising up out of the Atlantic 12 kilometers offshore.

Another tourist magnet is Caldas da Rainha, famed for its spa which, bubbling with sulphurous pools, has enjoyed four centuries of noble and royal visitors. The nearby towns of Cucos and Vimeiro are also famous for their therapeutic waters.

Almost every town near Praia D'El Rey can trace its history back to the 12th century but the 'jewel in the crown' is Óbidos, 15 minutes from the resort but a whole world away. Its untouched town centre is medieval in feel and many of its buildings date back to the time of the Conquests, their whitewashed and ochre walls and blue-framed windows and doors crying out to be photographed. Flower pots sit on verandas, swing from walls or cascade from terraces.

Óbidos castle, which contains a beautiful 'Pousada' (boutique hotel), looks over the town ramparts towards the plains and the sea beyond. And during the year Óbidos is the hub for numerous events, including an August music festival, a July Medieval Fair and a February Chocolate Festival.

The Regions weather is temperate and mild and the area near Praia D'El Rey offers sports lovers a wide choice of activities. Along the clear coastal waters there is good fishing, exceptional surfing, deep sea diving near the Berlenga islands, and abundant fauna and flora as well as waterskiing, windsurfing and rowing on nearby Óbidos Lagoon. The surrounding hills and beaches make good walking country and golf is a growing attraction in the region with three courses already open and others in the pipeline, plus Praia D' El Rey's famous golf course on your doorstep.

And you won't go home empty handed, either. The area is awash with shops offering traditional pottery, tiles, bobbin-made lace, leather products, straw baskets and wood carving.

But the biggest news about the Silver Coast is the improved road links to Lisbon and the rest of Portugal. Not only does this make getting to Praia D'El Rey easier, but the new motorways have made some of Portugal's famous religious and historical centres just a day trip away – including Fátima, Batalha, Mafra and Sintra. And if you're boat rather than car bound to the Silver Coast, the marinas in Nazare and Peniche usually have plenty of cheap berths for yachts.

Facilities

The resorts multitude of services and facilities include:

Restaurants
Bars
Spa
Tennis
Football
Golf
Surfing
Gymnasium
Swimming pools
Landscaped grounds
Hammocks, sun beds and chillout areas

Timelines & Infrastructure:

At Praia D’El Rey we have a wide selection of properties that will ensure we find the perfect property for you.
Whether you want to move in right now or choose to buy off plan and take up occupancy in 2010 or 2011, the option is yours.

Completion dates for the beach residences will be the end of 2010.

Completion of vila do golfe will be the beginning of 2010.

Financial info:

The developer can offer mortgage advice as they work with one of Portugal’s leading banks who can offer Praia D’El Rey purchasers exclusive terms and conditions as follows:

Mortgage approval in 2 working days (subject to valuation application completion)
80% LTV
Maximum term of 30 years or up to the age of 75
Fixed or variable rates indexed to the Euribor 6 month rate
Interest only periods
Life insurance is not required

Payment Structure:

Vila da Praia/VD Princípes:

5% Reservation
15% Signature of contract
80% Deed and handover of keys

Vila do Golfe – Phase 2/ Aldeia da Praia:

5% Reservation
45% Signature of contract
50% Deed and handover of keys

The Beach Residences:

Reservation deposit €10,000
10% - €10,000 Contract
10% Start of construction
10% Start of construction + 9 months
70% Deed and handover of keys

Please note there is 2 year guarantee on the fixture and fittings and a 5 year structural guarantee. All prices are exclusive of IMT, Notary and Registration costs.

Properties available in this development

The resort comprises mix of apartments, townhouses, duplex’s and Villa’s, see our floor plans section above for more specific info. If you need any more info please contact us and we will help you with any further information you require

Specifications:

All properties are finished to the highest of standards. For individual property specifications please contact us for details.

About us

At International Property Mole we believe that knowledge is everything. It is why we present every development after full research ensuring our customers see only the best properties available in the most stunning locations worldwide. Join the growing number of buyers who are benefiting from the International Property Mole approach to overseas property & investments.