Why Are We Called Prestige?

We took a lot of care choosing a name for our business, we are not called Prestige by accident.

Allow me to explain:

P – Property on the Silver Coast, a product we truly believe in.
R – Reasonable prices. You still get great value for money on the Silver Coast when compared to other holiday destinations such as Spain.
E – Experience. We have many years experience during which time we have established ourselves as one of the leading agents on the Silver Coast.
S – Silver Coast. Where else?
T – Trust. Our knowledge of the area and the real estate business means we are able to offer a professional, reliable service.
I – Investment. Property on the Silver Coast of Portugal is recommended as a wise investment due to the stable government, unspoilt coastline and countryside and ease of access. The Silver Coast is only a short drive from Lisbon airport.
G – Good rental potential. Our apartments and villas in beautiful locations such as Nazare, Sao Martinho do Porto, Salir do Porto and Obidos provide consistent rental income for their owners.
E – Endless miles of sandy beaches. Which as an owner of a property on the Silver Coast are available for you to enjoy whenever you wish.

Prestige by name, prestige by nature.

By Stephanie Johnson

Property Investment tips (Part 2)

Portugal is an investors paradise . It is an established and well known tourist destination yet is also hugely popular with the holiday home buyers and the retirement community due to its easy access and year round good weather . Obviously as an investor there are three important points to consider when weighing up the merits of any real estate opportunity . 1) Value for money , location , quality etc . 2) How do you intend to service the running costs during the hold period of the investment ? 3) How do you intend to realize your investment , the all important exit strategy .

It is simple to invest wisely in property if you approach it logically and do your homework . Make sure to purchase a property that is appealing to holiday makers (for rental returns) so that you can service the costs of the property during the growth period but also make sure that it is a property which in the future will be appealing to potential buyers , for example think about buyers who would like a retirement property to spend the winter months . It is this profile of client who will have the most to spend on an overseas property in the future as they will have benefited from the 90s – mid 2000 property boom in the UK and Ireland on their residential property . Many of these people will end up downsizing at home and buying an overseas home with the left over funds .

You should be asking yourselves the question where in Portugal offers the best investment potential today ? Well there are certain areas in the Algarve that are indeed interesting such as the Eastern Algarve , more so because it is not a heavily developed as other areas of the Algarve and prices are more realistic . The real winner however is the SILVER COAST region of the country , located just 40 minutes drive from Lisbon this area boasts some of the most beautiful beaches in Europe , one of the lowest costs of living in Portugal and high quality low density development which is still in keeping with traditional Portuguese design .

By Colm Wilkinson

Property investment tips

Real Estate is still the number 1 investment vehicle available to everyday people. The key is to invest when the cycle is at its lowest rather than at the peak. It is an investment which we can manage ourselves and has the security of being a “Tangible Investment” unless of course you buy in Florida and a hurricane takes your investment away but then of course that is what insurance is for.

There is no other investment vehicle out there that places the investor in the same favorable position as real estate does. Where else can you place a deposit down for just a percentage of the investment value yet still maintain earning capability on 100% of the investment?

Over the past 30 years returns on property in Portugal have far exceeded worldwide averages although past data shows stable and moderate growth averages in Portugal of between 4% - 6% per year. Obviously there are certain areas of the country that saw “micro booms” such as some of the resort towns of the Algarve which experienced up to 15% growth per year yet this is not reflective of the country as a whole . Overseas buyers were to blame for this and these areas have now reached their peak years before they should have. (Obviously not the place to invest now so)

The current international market situation means that there has never been a better time to invest in Portugal. Interest rates are at a record low, there is an opportunity to secure fantastic property deals well below peak value and local banks are still very willing to finance property purchases. Today’s market is an incredible investment opportunity for the savvy investor.

When thinking of which market to invest in, we must arrive to certain conclusions:
What is the risk level we are prepared to take? Why are we investing in a particular country? Which part of the chosen country are we going to invest in? And are we looking for capital growth or rental returns or both?

by Colm Wilkinson

Increased summer rentals on the Silver Coast

The summer is drawing to a close and it has been a busy one for the people at Silver Coast Hospitality. Figures have shown more rentals this year compared to last year and the apartments rented out by the local company have been fully booked since mid June proving that the Silver Coast, especially São Martinho do Porto, remains a popular holiday destination for visitors from all over Europe and the UK despite current economic conditions.

The hard working ladies at SCH are now enjoying some time off before the Christmas break and next year’s summer promises to be even better with the addition of some beautiful new detached villas near Bom Successo and Praia d’El Ray golf and some luxury attached villas with breathtaking views if São Martinho bay, not to mention the amazing Colina da Nazare, a development in the heart of Nazare with luxury apartments and a pool on the roof.

All of these developments are for sale as well which gives buyers the opportunity to make a solid investment in the fastest developing region in Portugal.

Latest Property listing: 3 bed duplex apartment, bay view, pool, roof terrace

Our latest property listing is a spacious, 3 bed, duplex apartment in São Martinho do Porto on the Silver Coast. Located less than 1km from the gorgeous shell shaped bay where the beach front is lined with restaurants, pubs and shops, it is the perfect location for a holiday home and offers good rental potential as well. The apartment is in great condition and features a fully fitted kitchen, central heating, electric shutters and double glazed windows. The condominium fees are very low and the block of apartments includes an indoor swimming pool and sauna.

The apartment also features a large roof terrace with lovely bay and countryside views.

Find out more . . .

Property Highlight: Luxury apartments, Nazare, Silver Coast, Portugal

Nazare, one of Portugals oldest fishing village is one of the real gems of the Silver Coast. Visitors from all over the world have fallen in love with the golden beaches, the marina, the restaurants, the vibrant nightlife and the breath taking white cliffs that tower above this unique place.

At the heart of this amazing village you will find 'Colinas Da Nazare', luxury apartments in a fantastic location. These apartments are in construction and promise to be absolutely stunning. Lovely stone flooring and counter tops in the fully fitted kitchens, exotic marble in the bathrooms, luxury fittings such as central vacuum, built in sound system, air conditioning in every room, large balconies and warm wooden flooring in the bedrooms.

The development also includes 3 levels of underground parking and to top it all off, literally, a pool and decking area on the roof, with a glorious view of the white cliffs, the ocean, the beach and the marina. There is a condominium lounge and decking area where occupants of the apartments can relax, enjoy a drink and take in the breath taking sea views and sunsets.

With completion scheduled for early 2010, everything is moving along swiftly and with only a few apartments still available Colinas Da Nazare is going to be a wonderful and exclusive development for people to both live and holiday.

The development presents a great investment opportunity, with good rental potential due to the quality of the build, luxury fittings and finishings and the fact that development is less than 5 minutes walk from the beach front.

Live the dream . . .

Find out more . . .

Silver Coast Summer Holiday Rentals!

Summer on the Silver Coast is Sizzling! São Martinho do Porto is the place to be, the beaches are filled with families; children swimming in the bay while mom finally gets the tan she has waited for all year. The restaurants and café’s are buzzing with activity, good food; excellent wine and great company.

The Silver Coast Hospitality (SCH) team is working as well-oiled machine servicing the self-catering apartments with excellent feedback from the guests.

The concept of a “Hotel Experience in a Luxury Holiday Home” is here to stay and has already started to attract the attention of local hotels that consider SCH true competition. It is wonderful for us to see our investment in a professional hotel type service produce such positive results both for owners and guests.

Silver Coast Hospitality (SCH) is the appointed Property Care agents, for a large portfolio of luxury holiday rental apartments and villas in São Martinho do Porto, Nazaré, Salir do Porto and Obidos – Silver Coast- Portugal. To name a few holiday properties; Bayside Residence, Park Residence, Atlántico Golf Apartments, Pinhal Village Villas, Baia Residence and many more to follow.

“Hotel Experience in a Luxury Holiday Home!”
Feedback from Guests and Owners has been excellent; guests have loved the whole SCH – Hotel Experience, from the professional “Check in - Check out” at the Reception, to the high quality SCH furnishings, the daily maid service (on request) and the 24/7 support. Guests have enjoyed their stay so much that many have already reserved for the summer of 2010 and owners are happy that the SCH furniture pack – turnkey solution has already produced excellent returns.

Our policy to offer a standardized turnkey service when furnishing the apartments guarantee:

• Uniformity
• Standard Quality
• Presentation
• Breakages, Damages, access to replacement
• Health & Safety
  

*It is common practice throughout the hotel/ rental industry to source local manufacturers & suppliers, as there are cost implications in replacing of breakages.

Most importantly providing our paying guests with a wonderful hotel experience in a luxury self-catering holiday apartment or villa. 1st Impressions, on arrival in the apartment are always wow! Which gets the holiday off to an excellent start.

SCH policy:
The SCH Rental programme is limited and exclusive to apartments or villas furnished with the SCH furniture pack turnkey service.

For more information on Furniture packs, Holiday Rentals and Property management services on the Silver Coast please visit our website http://www.silvercoasthospitality.net/
or contact us directly on info@silvercoasthospitality.com.

Visit soon

The SCH team

Property Management & rentals on the Silver Coast

Welcome to the Silver Coast! A truly beautiful breathtaking holiday destination still being discovered by many! It reflects the “Real Portugal”. The friendly local people, sun and sea right at your doorstep makes it such an easy, stress free environment to work in. In my line of work I have the privilege of meeting a variety of people from all over the world. My favorite part of my job is watching people discover and fall in love with the area and either realize what an amazing investment they have made or realize what a relaxing and enjoyable holiday they are about to have.

Silver Coast Hospitality (SCH) takes pride in providing the “Complete Package” for our Clients. We specialize in Property Management & Holiday Rentals of selected properties throughout Portugal’s beautiful Silver Coast. We provide property owners with reliable & comprehensive property management & rental services and much, much more!

How do we execute this service?

We will manage your investment professionally, leaving you more time to enjoy the benefits of the stunning Silver Coast. The SCH comprehensive property management services bring you many value-added benefits:
• Complete Peace of mind
• Local Market Knowledge
• 7 day call out service
• Multi-Lingual Staff
• International Marketing & distribution network.

We divide our time and energies for the holiday-maker and the property owner. This way we effectively manage the whole booking process and should anything not be 100% then we don't have to rely on others to resolve matters.

We aim to give our guests a “Hotel Experience in a Luxury Holiday Home!” Each property has been carefully inspected by SCH and the management team to ensure that the highest standards of service are maintained. Only properties which are personally furnished & Managed by our company are advertised on our website.

Written by The SCH Team!