Beaches are great. Bucks are great. Beaches and bucks? That’s even better. Sometimes, for real estate buyers, lifestyle opportunities aren’t enough – there needs to be the chance to generate income as well as soak up sunshine.
So for those investors who want a little more for their money, TheMoveChannel.com rounds up some of the most popular Portuguese real estate hotspots.
Here are 5 property destinations in Portugal with strong potential:
Sao Martinho do Porto
Located in the Leiria distract, Sao Martinho do Porto is long way from the Algarve, but ignore what the map says: this civil parish boasts one of the most beautiful beaches in the country. With traditional houses dotted around scallop-shaped bay, the village’s fishing industry may be less important than it used to be but tourism has more than made up the difference, pushing up demand for holiday homes and rental property investment.
For more information on property in Sao Martinho do Porto, click here
A small seaside town on the east of the Algarve, Manta Rota is right on the edge of the Rio Formosa Natural Park – a location that gives it a beautiful natural backdrop and large numbers of attractive birds. But it’s not just the avian population that flocks to Manta Rota: humans do too, drawn by the huge expanse of sand and the gorgeous Atlantic coast. Expect busy car parks in the summer.
For more information on property in Manta Rota, click here
Viana de Castelo
Located in the northwest of Portugal, the district of Viana de Castelo is home to the city of the same name. Its beautiful range of buildings, headed up by the Basilica of Santa Luzia and the old hilltop fort, saw Viana de Castelo named Mecca of Architecture by Wallpaper magazine. The chance to add their own home to such an impressive rosta of real estate brings in property hunters from around the world.
For more information on property in Viana de Castelo, click here
40. That’s how many beaches are in Ericeira. Located in the Lisbon district, the area’s vast supply of sandy coastlines has turned it into a hub for surfers, sun-bathers and smart house hunters alike. Home to Portugal’s largest surfing club, Ericeira’s population soars during peak seasons, making it ideal for investors as well as holiday home buyers.
For more information on property in Ericeira, click here
Not to be confused with the other Madeira, this village is located in the Castelo Branco area. In the east of the country, Madeira is a long way from the Algarve, but still enjoys Portugal’s typically warm climate and appealing levels of sunshine.
For more information on property in Madeira, click here