Quinta Verde

Ref: 29003

Type: House (New)

Location: Nazare, Algarve, Portugal

Price: 160900 to 229900 EUR (160900 to 229900 EUR)

Size: 124 m2 to 176 m2

3 bedrooms, 2 bathrooms

Pool
Garage

Images

Development

Quinta Verde is a new vacation townhouse project located on Portugal's sunny Silver Coast.
Quinta Verde is located in a peaceful and picturesque country setting, just south (3 km.) of the charm and
bustle of beautiful Nazar, Portugal's most typical and traditional beach
resort and 2 km. from the marina. This quality development is nestled between a beautiful lush-green valley
on one side and coastal hills on the other. Quinta Verde is centrally located and allows easy access to many beautiful beaches, historical locations and modern amenities. A mere 60 minute drive (120 km.) from Lisbon, along the A8 motorway, modern and efficient roads transport
you quickly around the country. A 3 phase development, Phase 1, is in its final stages of completion, with Phase 2 scheduled to begin in the
Spring of 2008. Each condominium-style townhouse is on 3 levels, including terraced-roof with wonderful country views. Each unit has 3 bedrooms and 2 bathrooms, a spacious living area, a functional and modern kitchen, fireplace and room for expansion. Indoor car ports are accessible directly from each unit and have ample storage space. Quality construction combined with this region's old-world charm gives great value
to Quinta Verde as a sound real estate investment. Our prices start at 155,900 (Euros). Units are anywhere from 124 to 176 square meters, not counting garages, terraces and storage areas. Combine this with our 5 year guarantee and you won't find better value for your investment anywhere on the Silver Coast.

Quinta Verde is built with quality and craftsmanship in mind. Along with being constructed with the
highest grade materials, our homes also incorporate many environmentally-friendly features. Below
are just some of the quality features of our project.

Location

- Centrally located on Portugal's Silver Coast;
- Within 1 hour drive of Lisbon and easy access to many other regions of Portugal and Spain;
- Proximity to major historical and cultural locations, such as Alcobaa, Batalha, Cascais, Coimbra,
Estoril, Fatima, Obidos, Peniche, Sintra, all within an hours drive;
- Unspoiled region with spectacular country views, free of ad-hoc development;
- Within 2km. of the coast and 3km. from the famous resort town of Nazar and marina;
- Within 10 minute drive of 5 major beach areas including: S. Martinho do Porto and Salgado;
- Proximity to future golf course (1.5 km.).

Buying property in Portugal

The Global Competitiveness Report for 2005, published by the World economic Forum, places Portugal on the 22nd position, ahead of countries like Spain, Ireland, France, Belgium and Hong Kong. This table shows that Portugal has stepped two places regarding the 2004 ranking. On the Technology index, Portugal was ranked 20th, on the Public Institutions index Portugal is the 15th best and on the Macroeconomic index, Portugal is placed on the 37th position. Portugal has become a diversified and increasingly service-based economy since joining the European Community in 1986. Over the past two decades, successive governments have privatized many state-controlled firms and liberalized key areas of the economy, including the financial and telecommunications sectors. Services, particularly tourism and finance, are playing an increasingly important role in the economy. The country qualified for the European Monetary Union (EMU) in 1998 and began circulating the euro on 1 January 2002 along with 11 other EU member economies. Economic growth had been above the EU average for much of the 1990s, but fell back in 2001-06. GDP per capita stands at roughly 70% of the EU-25 average. A poor educational system, in particular, has been an obstacle to greater productivity and growth. Portugal has been increasingly overshadowed by lower-cost producers in Central Europe and Asia as a target for foreign direct investment. The budget deficit surged to an all-time high of 6% of GDP in 2005 but was reduced to 4.6% in 2006. The government faces tough choices in its attempts to boost Portugal's economic competitiveness while keeping the budget deficit within the eurozone's 3%-of-GDP ceiling. Portugal's economy is based on traditional industries such as textiles, clothing, footwear, cork and wood products, beverages (including wine), porcelain and earthenware, glass and glassware, and food industries. In addition, the country has increased its role in Europe's automotive sector and injection moulding industries. Portugal is exporting 75 percent of its agricultural and cattle production. The viniculture dominates the agricultural activities to the North of the Douro (where you can find the generous Porto wine) and, annually, about 15 million litres are produced. Portugal is the biggest producer, in Europe, of cork oak and has, equally, a big importance in the olive oil production and exportation of canned food. The fishing industry is also important to the national economy. The construction and steel industries have gradually increased along with the tourist industry, a precious source of foreign currency.

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