Move Portugal is a real estate agent in Portugal focused in the Oeste Region also known as the Silver Coast.

15 June 2008

European tour operators visit the Silver Coast, Portugal



On days 1, 2 and 3, of June, took place a professional visit to the Silver Coast and West region of Portugal, by 20 tour operators from several European countries, particularly Germany, United Kingdom, Finland, Sweden, Denmark, Slovakia, the Czech Republic and Spain.

It was undertaken in cooperation with tour operator in Portugal DMC, one of the largest suppliers of customers for the western region.

At the choice of the DMC, the hotel Marriott Beach d 'El Rey, in Obidos, hosted large part of the event, where he held a workshop between "vendors / suppliers", also extended to companies in the area of Estoril and the Blue Coast.

Were also visited the Westin Hotel Campo Real and its golf course, the Quinta do Sanguinhal, where there was a wine tasting, Obidos and the bar Ibn Errik Rex, where he was sampled the ginja (cherry liquor) of Obidos, the Golden Eagle golf course, the Bom Sucesso golf course design, to open in September, the Laguna de Obidos and Cape Carvoeiro. There was still time for a golf tournament in Praia d'El Rey Golf Resort.

These promotional trips fall into the philosophy of bringing the Silver Coast, West Region to the eyes, ears and stomach of some of the top European tourism operators.

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posted by Move Portugal at 16:27

01 May 2008

Silver Coast receives International Meeting of Archaeology


The auditorium of the City Council of Torres Vedras will receive from 1st to May 5th, an International Meeting of Archaeology under the theme "Vases (bell-beakers): Symbols of a European Community Cultural 5,000 years ago."

This initiative brings together specialists from different countries (Portugal, Spain, Morocco, France, Switzerland, Italy, England, Austria, Poland, Hungary, Czech Republic, Netherlands and Slovakia) that share knowledge and experience in this subject.

According to a press release off the municipality, this meeting aims to "create a basis for discussion, understanding and explanation of the subject - widespread throughout Europe in the 2nd half of the 3rd Millennium a. C. -- Addressing it in different regional contexts."

The discovery of those vases in various parts of Europe indicate the existence of regular trading on the old continent five thousand years ago and, in consequence, of a community that has emerged from that European cultural exchange, which was accompanied by other events such as domestication of the horse or the use of the wheel. It is the appearance of such cultural community that is ultimately the "Bell-beaker phenomenon."

Under this meeting are planned visits to sites related to the themes of the same, as the Castro of Zambujal, the Penedo of Lexim (Mafra), Leceia (Oeiras), the Museum of Cascais, Perdigoes (Reguengos de Monsaraz) and Alcalar (Portimão ).

In parallel with this meeting will feature, from April 30th to August 31st, the Leonel Trinidad Municipal Museum, in Torres Vedras, an exhibition with the same theme of the meeting.

This exhibition aims to be a starting point for a debate on the "Bell-beaker phenomenon ", presenting the results of the latest archaeological research in this field, held in various parts of Europe.

Reservations for guided visits to this exhibition, which has an itinerant nature, shall be made by phone number 261310484.

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posted by Move Portugal at 16:38

17 April 2008

Berlenga Island, Silver Coast protects its jewels


The Natural Reserve of the Berlenga Island, off the coast of Peniche – Silver Coast of Portugal, has new marine inhabitants, revealed Julio Coelho, chairman of the Technology University of the Sea-ESTM, at the end of the ceremony of a protocol signing by the local municipality with Institute for the Conservation of Nature and Biodiversity - ICNB, Institute for Environment and Development - IDAD - University of Aveiro, and the Polytechnic Institute of Leiria - ESTM, aimed at drawing up the dossier of the candidacy of Berlenga Biosphere Reserve under UNESCO.


"There are species that have appeared here, in our seabed, which supposedly was not anticipated being there for these latitudes," said Julio Coelho. This is a specificity that "already identified and will be released, through a sub-aquatic photo investigation" which will be published shortly. "These are species of algae, which are set in stone, that it was not supposed to be there, and a species of fish that was not supposed to go there, as was identified," he explained.


These new species might be able to adapt to the climate change that the planet has suffered in recent years with increase in temperature, the teacher admitted. "It will have to do with marine currents, with temperatures of water, and micro-environmental conditions that meanwhile were installed, round the Berlengas, which provided the setting of species that were not supposed to exist here," he said.


Compiling programmes of environmental management

The preparation of the application file is now in charge of Professor Henrique Queiroga, of the University of Aveiro for whom it is necessary to ensure that there is "compatibility with the Human Nature" in the archipelago of Berlengas. "We will make the compilation of information that the UNESCO requires as essential, to decide on the programmes of environmental management that are under way and show that we will articulate the political, economic, social, tourist and conservationist, to preserve the environment "of the Natural Reserve of the Berlengas, explained.


According to the mayor of Peniche, Jose Antonio Correia, the municipality intends to promote sustainable development and preservation of important natural heritage, demonstrating in practice, "attitudes of social responsibility that morally assist this." The recognition which is to be expected from the UNESCO "will also disclose to the world the full potential and unique heritage that has Berlenga Island, and that is important to unveil and value," stressed.

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posted by Move Portugal at 13:33

08 March 2008

MercoAlcobaca: the Farmer’s Fair in Alcobaca


Alcobaca receives up till next Sunday – March the 9th, the 3rd edition of the Agricultural Fair.

In the MercoAlcobaca pavilion, expositions, gastronomy and seminaries compose the program of an event thought for present new products and service of the sector, to promote the interaction between the economical agents and motivate the possibilities of business, with organization in charge of the Farmers Association of the Alcobaca Region in collaboration with the local town council.

With the activities mainly concentrated in one unique space, extended with gigantic tents, the Agricultural Fair assumes this year a dimension that surpasses widely the previous editions. Forest, Fruit, Wine, Cattle among other subjects are the emphasized sectors at a fair that counts with around 160 exhibitors and three days of technical activities.

But not only of regional representatives is this fair composed. Producers of Spain, Belgium and France give this year an international flair to the contest. With the growth of this year’s edition of the Agricultural Fair, the Wine Fair is not going to be carried out simultaneously, as usual, having been postponed for a date still to be defined, but that will surely be after the Summer.

In the Silver Coast there is always something going on!

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posted by Move Portugal at 22:51

03 March 2008

Top 15 Reasons to invest in Silver Coast Property

Foz do Arelho - Silver Coast - Portugal

The information below, reasons to invest in Silver Coast property, is focused on the economic considerations, future investments and infrastructure in the Silver Coast region of Portugal.



  1. A Pricewaterhouse Coopers and a Place in the Sun report put the Silver Coast Portugal within the top three countries most likely to make you the most money in the next 10 years.
  2. A report by the Strategic National Tourism Plan states that the tourism receipts will increase to 12 thousand million (12 billion) by 2015 and the report also concludes the Silver Coast will be one of the main growth areas.
  3. Portugal and especially the Silver Coast have strict planning regulations that will ensure the low density of new developments and keep the supply and demand levels balanced.

  4. Portugal is rapidly becoming centre stage for eco-investments within the Euro zone. And the Silver Coast is no exception with signs of renewable energy dotting the countryside.
    Investments into solar panel farms, wind turbines, wave turbines and eco-villages are attracting blue chip corporations and high net worth investors into the area.
  5. According to Barclays bank the number of Irish and British citizens who plan to buy abroad will double in the next 5 years.
  6. Until 2013 the EU plan to fund €8.8 million per day to improve the Portuguese economy and infrastructure.
  7. Portugal can be seen as a low risk, established and safe investment environment.
  8. Portugal has a long established tourism market and you will find close to 100% occupancy in the summer months in the most popular tourist spots, including Nazare, Sao Martinho do Porto, Foz do Arelho and Obidos.
  9. Portugal, the UK and Ireland all adhere to the EU double taxation treaties allowing non-residential Portuguese property owners to avoid double taxation including capital gains tax and rental income tax.
  10. The Portuguese banks encourage non-residents to take out a Portuguese mortgage and the process is relatively easy to obtain an 80% LTV interest only mortgage.
  11. Terminal 2 at Lisbon airport was opened for business this year 2008 to increase the volume of low cost airline traffic to the capital.
  12. A new TGV high speed rail link Lisbon to Madrid is planned for 2010 with completion by 2015. The TGV will reduce the journey from Lisbon to Madrid to 3 hours from currently 10 hours.
  13. Two new modern state of the art shopping centres are to be built in Caldas da Rainha. One to be finished in spring 2008 and the other in spring 2009. One of these projects will be built be the Sonae Group. www.sonae.pt. They will consist of shops, supermarkets, cinemas and restaurants.
  14. A Jurassic Theme Park is to be built in the town Lourinha with the construction to start in 2010 with the intention to attract more than 250,000 visitors a year.

  15. Finally and most importantly 4 new 18 hole championship golf courses are currently under construction in the council's of Obidos and Caldas da Rainha. They are Royal Obidos, Falaesia del Rei, Rainha Golf and Bom Successo. All of these golf courses will include luxury villas and apartments plus 5 start hotels thus making the Silver coast area of Portugal a dominant force in the world of golf tourism.


MOVEPORTUGAL - INVESTMENTS
Tailor-made Solutions
Contact: steve[at]moveportugal.com

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posted by 262Media at 17:25

29 January 2008

How To Invest in Portugal - Things to know

Silver Coast Investments
Plot and Construction or Self Build projects

This is an excellent way to buy a dream holiday home or an overseas investment property in the Silver Coast region of Portugal. This option of buying a piece of land and then designing and constructing a property will take more time and effort but not necessarily more money!

Things to know about buying a piece of land or a plot in Portugal

Urban Land - This is land that is qualified as either
  1. A built up area
  2. Land capable of development
  3. Land required to maintain an ecological balance with in an urban area

Agricultural or Rural Land – This is land that cannot be built on unless the piece of land in question is with in the PDM urbanisation plan. Rural land is divided into categories

  1. Forestry
  2. Natural spaces
  3. Cultural spaces

The PDM (Plano Director Municipal) - this is based on local development strategy as well as regional and national policy. It is a master plan for the district, and establishes the basic classification and qualification of land, construction densities in accordance with local infrastructures, present and future.


Land or Plot with Viability – This is urban land that has been given the permission to construct a property or properties with a designated amount of area for construction. This means that a project still has to be submitted to the local council by a licensed Portuguese architect and approved before any construction work can begin. The length of time for a project to be approved once it has been submitted by an architect is a minimum of 3 months.


Land or Plot with Project Approved – This is urban land with a project that has been submitted to the local council and has been approved. The approved project has to be built to the exact specification of the architectural plans. If changes are made to the plan then this will have to be re-approved by the local council.


Construction Licence – This licence is issued once a project has been approved.


Habitation Licence – This licence is issued when the construction is complete and the property has passed all the necessary inspections.

Financing Land – In Portugal the banks will only finance a plot or a piece of land once a project has been approved. In general the Portuguese banks will offer 80% of the total valuation of the plot and the cost of construction. This figure is then split normally to cover a 100% of the construction and up to 50% of the plot. For further information on financing please contact steve[at]portugalpropertyloans.com .

Some of the plots that are currently for sale with MovePortugal
LISTINGS:.


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posted by 262Media at 22:05

16 January 2008

Oeste - The Silver Coast Property Investment Guide



At the new MovePortugal Blog Spot would like to share our exceptional knowledge of the Silver Coast.

We plan to keep you updated with important news that will be helpful to potential buyers who want to invest in this wonderful area.
Coming soon we will be sharing hot of the press information with you like the construction of new shopping centres, golfing developments, Marinas and hotels.


For the newcomers to the OESTE region of Portugal or for those of you that have recently discovered the magic of the ‘Costa de Prata’ or better known as the Silver Coast we would like to start by introducing you to the key towns and villages in the area and the key facts about their locations.


Today we are concentrating on the coastline between Obidos Lagoon and Sao Martinho bay.




Areas to Invest
Serra do Bouro – Oeste - Capital Growth Investment
Key Facts :



Current square meter value: 1000 – 1200m2
Capital Growth Prospect: HIGH
Rental prospect: Currently LOW – MEDIUM
Location: Between two popular tourist destinations Foz do Arelho and Sao Martinho
Types of Views: Country
Local Amenities: Cafes, Restaurants
Tourist Attractions: Obidos Lagoon, Foz do Arelho and Sao Martinho Beaches
Map: http://mapas.sapo.pt/#M=39.45507,-9.18095,11
Future projects: 5 star Golf resort to be started in 2008 with 5 star hotels
Nearest major town: Caldas da Rainha
Distance from Lisbon: 45 minutes
Type of property to buy: Plots for construction, old buildings/villas for restoration




Our current Property Listings in this area:






Foz do Arelho / Nadadouro -Oeste – Capital Growth Investment & Rental Income
Key Facts :



Current square meter value: 1500-2000m2 (dependant on the views, quality of finish and age of property)
Capital Growth Prospect: MEDIUM
Rental Prospects: 90% occupancy for summer 2007 - HIGH
Location: Situated at the entrance of the famous Obidos Lagoon
Types of views: Lagoon, Sea, Beach and Country
Local Amenities: Beach Cafes, Restaurants, Mini Supermarket, Butchers, Hairdressers, Pharmacy, Night Club Tourist Attractions: Beach bars, Night Club ( http://www.discotecagreenhill.com/ ) Surfing ( http://escolasurfoz.com/ ), Kite Surfing, Wind Surfing, Hobby Cat ( http://escoladeveladalagoa.com/), Jet Ski
Map: http://mapas.sapo.pt/#M=39.43601,-9.21445,11
Future Projects: 5 star Golf resort to be started in 2008 with 5 star hotels, Nature walks and wooden bridges around and across the Obidos Lagoon
Nearest major town: Caldas da Rainha
Distance from Lisbon: 45 minutes
Type of property to buy: Villas, Plots for constructions and sea or lagoon view apartments and town houses.



Our current Property Listings in this area:






Salir do Porto – Capital Growth & Rental income
Key Facts



Current square meter value: 1200-1500m2
Capital Growth Prospect: Medium-High
Rental Prospects: Medium
Location: Coastal town between São Martinho and Foz do Arelho
Type of views: Sea, beach and country
Local amenities: Cafés, Restaurants, Beach
Tourist attractions: Large sand dunes and nature trails
Map: http://mapas.sapo.pt/#M=39.49684,-9.1527,11
Future Projects: 5 star Golf resort to be started in 2008 with 5 star hotels
Nearest Major Town: Caldas da Rainha
Distance from Lisbon: 50 minutes
Type of property to buy: New villas, offplan villas, restoration projects, Land


Our current Property Listings in this area:



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posted by 262Media at 15:54

08 January 2008

Portugal - Buying Guide Tax & Finance


It is important for those of you who will be purchasing a property in Portugal in the near furture to understand the buying process and the buying costs of the unique Portuguese system.

I would like to introduce myself as the resident FA (financial adviser). I have been living in Portugal fo the last 6 years and have been running a independant financial consultancy business in Portugal for the last 3 years supporting non-resident individuals and companies in rasing finance, providing fiscal representation and developing tax efficency structures.

The great team at MovePortugal have kindly let me put a simple but informative buying guide together for their prospective clients and allowing me to respond to your questions relating to tax & finance in Portugal.

STEP BY STEP
  1. Use a Portuguese licensed real estate like MovePortugal.com
  2. Obtain a fiscal number using a professional fiscal representation company.
  3. Find a regulated qualified lawyer

  4. Make a reservation offer to take the property off the market. This is normally non-refundable and made on the basis that a 'Promissory Contract' will be drawn up in the next 30 days.

  5. The lawyer will then collect all the house documents to check everything is in order and if you are applying for a Portuguese mortgage it is advisable that you get an offer from the bank before the Promissory Contract is made.
  6. Promissory Contract: this is drawn up by your lawyer and signed by the seller and the buyer. The conditions are negotiable, if you are taking finance I reccommend that the contract is made for 90 days until the deed of purchase.

  7. Provisional Registration: this is only made when a mortgage is being used for financing the purchase. This means that the bank will make their first legal charge on the property at the local notary.

  8. Property Transfer Tax (IMT): this tax is paid normally by the lawyer on your behalf a few days before the final deed.

  9. Final Deed: this is made at the local notary and the seller and buyer (or the lawyer with a power of attorney) are present along with a bank representative (only when there is a mortgage).

PROPERTY TAXES

Property Transfer Tax (IMT)

>85,500 1%............0

85,500 – 117,200 2%............855

117,200 – 159,800 5%............4,371

159,800 – 266,400 7%............7,567

266,400 – 511,000 8%............10,231

511,000 + 6%............0





Example: Property price is €200,000 therfore....

200,000 x
7% = 14,000

14,000 - 7,567 = €6433



Stamp Duty
Property stamp duty = 0.8% x purchase price

Mortgage stamp duty = 0.6% x loan amount



LEGAL FEES
Provisional Registration (notary & registration of banks first legal charge, mortgage only)€650 (approx.)



Final Deed Registration (notary & registration of final deed) - €750 (approx.)



Lawyers Fees
1% - 1.5%


BANKING FEES (applicable for mortgages only)........


Valuation & arrangement fee
€500 (approx.)


Bank legal fee
€250 (approx.)


IN CONCLUSION
Property value from
€100,000 - €150,000
5% Buying costs (including
mortgage)



Property values from €150,000 - €200,000
5.5% - 6%
buying
costs (incl. mortgage)

Property Values from €200,000 -
€250,000
6.5%
- 7% buying costs (incl. mortgage)

Property values
from
€250,000 -
€350,000
7.5% - 8% buying costs (incl. mortgage
costs)

Property
values from €350,000 - €500,000
8% - 10% buying
costs
(incl. mortgage)





Coming soon a Glossary of important house documents that you should know the name of.

_________________

Steve Clarke

Mortgage Adviser (CeMAP)

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posted by 262Media at 22:32 | 1 Comments