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Property for sale information

 
846-Attention All Investors  
Price: € 289,000
Mortgage & ROI calculators »
Type: Apartment
Country: Portugal
Portimao


Reference nr: 846
Description:

Become an envied owner of the only apartments on the new F1 approved International Race Track in the Western Algarve. This landmark project is so important that the Portuguese Government have assigned it a PIN (project of national importance) and are backing it through infrastructure and a cash injection.



There are just 160 apartments and all come fully furnished and built to a 5 star standard and are adjacent to the new Radisson Hotel. The apartments will be managed by Reidzor under the Radisson SAS brand.



This investment opportunity offers you a 7% net rental guarantee for 3 years and VIP tickets to race events for 5 years.



Contact us today for a full investor package and to register for our upcoming investor presentations.



- Five Star Investment Opportunity With a Difference

- Radisson Managed Apartments on Portugal’s Newest F1 Approved Track

- 7% Guaranteed Return For 7 Years

- VIP Tickets For 5 Years

- Just Launched and Moving Fast!

Bedrooms: Bathrooms: Price (€):
1 1 289,000
Features:
Furnished
Golf
Spa
Submission Date:
05-18-2009
Advertiser Details:


Name:
SMART BUYERS DONT WAIT TO BUY - THEY BUY AND WAIT

Company:
Algarve Property Ireland

Phone:
+353 1 6405364
Fax:

Mobile:
+351 96 1855 649

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €289,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations