Overseas property news - Guide to buying luxury property in portugal: foz do arelho

Guide to buying luxury property in portugal: foz do arelho

Located on the North of Portugal’s Silver Coast, Foz do Arelho has gradually grown from a small village to a holiday home destination over the years. Its picturesque shoreline has long attracted visitors to the area, bringing property buyers to the real estate market.

One thing it has always been associated with, though, is luxury. Wealthy families have often regarded the village as a high-end getaway and that reputation continues to this day, with prestige property hunters looking to the area for valuable investments and world-class second homes.

Thinking of flocking to Foz do Arelho? Finest Global shares the key background information needed before buying a luxury home in the area:

Climate

Located on the Atlantic Coast, Foz do Arelho benefits from the ocean’s cool breeze: compared to the cooking highs or the Algarve, the area is a far cooler place to live. While rain and mist can be expected in the winter months, though, there is no shortage of sun: summer months enjoy temperatures of around 27 degrees Celsius, while Foz do Arelho residents can anticipate around 275 days of sun every year.

Lifestyle

Foz do Arelho may be a long way from the Algarve, but Portugal’s Silver Coast is no slouch when it comes to beaches, boasting some of the country’s most stunning shorelines alongside quiet fishing villages. The area is popular among both surfers and sailors but with empty beaches bordering quaint hills, Foz do Arelho is an increasingly popular prime destination for discerning holiday home hunters looking for a relaxing annual getaway.


Economy

As tourism has increased in the area, Foz do Arelho has seen its service industries grow significantly, but while it functions as a seasonal resort, it is far from developed, with many homeowners working in Caldas de Rainha nearby or reliant on seafood and agriculture: wealthy buyers can expect to slot right in to the uncrowded economy.

For more information on luxury property in Portugal, and other countries, visit www.FinestGlobal.com

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