Caldas da Rainha in focus at SIL 2019
Portugal’s Silver Coast town of Caldas da Rainha has been chosen as this year’s “showcase city” for the 2019 edition of the Portugal Real Estate Fair ‘Salão Imobiliário de Portugal – SIL’.
The honour means that the city will have pride-of-place at the fair with a large stand where the local authority, developers, architects and entrepreneurs will get the chance to showcase the best developments currently underway in the city.
Caldas da Rainha is one hour’s drive from Lisbon and is famous for its nearby golden sandy beaches and resort if Foz do Arelho. In recent years it has attracted many overseas investors, particularly from France who have bought homes in the city and surrounding area.
The local council in Caldas da Rainha has developed strategies to make the most of its historic heritage, creating incentives for urban rehabilitation and property rennovation in a policy that is also linked to its public development projects which have enabled it promote and develop areas that are key for private investment, namely in the Historic Centre of town.
Caldas da Rainha is famous as a health spa town with a tradition of ceramics, arts and health clinics specialising in skin and mobility conditions thanks to its alternative hydro-therapies.
The Mayor of Caldas Town Council, Fernando Ferreira says that the town has all the right characteristics in terms of tradition, heritage and road access infrastructure, not to mention its relative proximity to Lisbon, to make it an excellent location for real estate investments.