New Developments in Praia D'El Rey

Oct. 9, 2008 - PRLog -- TheMoveChannel.com, the leading international property portal, announces a number of new developments at Portugal’s luxurious Praia D'El Rey resort.

Vila da Praia is a superb new beach-side village development, designed in traditional Portuguese style, including cobblestone streets. The charming village houses and light airy apartments are being built to the very highest quality. Currently, off-plan properties are for sale in Vila da Praia, from around EUR 343,000.

Aldeia da Praia has some of the finest new properties on the resort, with golf and ocean views. The elegant villas provide luxurious living with a modern twist, traditional homes designed for today’s lifestyles and offering exceptional style with high quality specifications. A detached three bedroom villa with pool costs around EUR 926,000.

There is a thriving resale market in the resort, with prices generally attracting 20% when compared to other nearby locations, due to its unique beach side setting, top class golf course, a five star Marriott hotel (that is frequented by the Portuguese National football team), tennis and water-sports facilities and an established rental programme designed for owners who wish to generate rental revenue.

The cost may be prohibitive for the majority of investors, but if you can afford it, the high profile of this resort should ensure that it remains in the limelight and retains its value well into the future.

The Venue

Situated just 45 minutes north of Lisbon on Portugal’s fabled Silver Coast, Praia D’El Rey is arguably one of the most exclusive and stunning resort developments in Europe.

With glorious sunshine, breathtaking beaches, unspoilt countryside, a world-class golf course and luxury accommodation, it's truly a sight to behold.

The Golf

The Praia D’El Rey, 18 hole par 72 championship links course was designed by American architect Cabell B. Robinson, developed and owned by the Portuguese company Béltico Group and was inaugurated on 14th June 1997.

Listed as Portugal's best course in the 2002/2003 Peugeot Golf Guide and rated 13th Best Continental Europe golf course by Golf World magazine, Praia D’El Rey is a favourite to many a golfing fanatic.

Deep bunkers, sloping greens and sandy dunes contrast sharply with the lush fairways; with nine of the holes tracing through the pine trees and the other nine hugging the Atlantic cliffs, Praia D’El Rey is a demanding and testing golf course that is used for both private and sponsored functions.

Away From The Course

Praia D’El Rey is a 600 acre resort set in extensive grounds of pine forests, with a spectacular vista over the Atlantic and the stunning Berlenga Islands in the distance.
On the resort, there are a wide range of restaurants offering traditional Portuguese cuisine. Just 30 minutes away are the main wine caves and vineyards of the region. The medieval town of Óbidos is close buy as is the fishing village of Peniche.
Many of the beaches are popular with surfers and body boarders while others, like Baleal, are perfect for families who just want to paddle and sunbathe.

Praia D’El Rey’s growth is built on solid foundations. Over the last 10 years, as well as the award winning golf course, the area has seen over 800 properties, a 5 star Marriott Hotel, a business and tennis centre, water-sport facilities and a FIFA standard football arena.

Dan Johnson, Managing Director, comments:
“With its close proximity to Lisbon International airport, wonderful Atlantic climate and range of top quality, premium properties, Praia D’El Rey is clearly the Silver Coast region’s flagship resort.”

For more information on Properties in Portugal in general please visit http://portugal.themovechannel.com/

-   ENDS –

Notes to editors:
TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property.  It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries, which are listed by over 500 partner organisations.

For further information as well as images and interview possibilities, please contact:
Dan Johnson
Managing Director
www.TheMoveChannel.com
0207 952 7650

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TheMoveChannel.com is a property website that was founded in 1999 as an online resource for buying, selling and learning about property. It now receives as many as 300,000 visits per month and advertises over 50,000 properties in nearly 90 countries.