Situated in the very far west corner of Europe and with a long coastline, Portugal with its population of 10.5 million people is the westernmost country of Europe and is bordered by Spain to the north and east and by the Atlantic Ocean to the west and south.
Since joining the European Union in 1986, Portugal was in the group of the first 11 countries to embrace the euro in 1999 and noting an improvement in its economy, the IMF are stating a 1.5% projected percentage change in real GDP for last year.
The Algarve is this southernmost region and is incredibly rich in history and land culture with traditional houses, castles and Roman roads. A lush region full of mountains traversed with rich valleys and an impressive south-facing coastline. The Algarve is a popular destination for tourism, primarily because of its clean, warm water, safe beaches, Mediterranean climate, safety and relatively low costs. The Algarve has been a very popular destination for tourism since the 1960´s and today has become a very popular destination for Europeans in general and is also host to a large number of tourists throughout the year. The Portugal property market is well established but still with low prices compared to other locations in Europe.
Wherever you are looking to buy or rent a property in Portugal, you will not be far from a world-class golf course. The many, many hours of sunshine which allow you to play until late and the fabulous climate, make the region a golfing destination throughout the year the number 1 hot spot for golfers..
The simply stunning Silver Coast is a location extremely sought after for property hunters and developers, as its Atlantic Ocean panorama, proximity to the fine sand beaches and year round good climate make this idyllic location very special indeed. In addition to an area of protected and outstanding natural beauty with spectacular cliffs, pristine beaches and local towns and villages steeped in history and culture, the Silver Coast has many championship Golf courses, including the Praie D’el Rey Golf & Beach Resort voted Best Golf Resort in Europe 2007.