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Property for sale information

 
Villa plus a 2 bedroom Annexe!! Superb Luxury  
Price: € 820,000
Mortgage & ROI calculators »
Type: Villa
Country: Portugal




Reference nr: UP953489
Description:

Summary

This newly built three bedroom detached villa, with separate two bedroom annexe and a swimming pool, is set on a plot of 100 m2 and located in a quiet urbanization in Ferrel.

The accommodation comprises of three bedrooms all with en-suite bathrooms, a cloakroom, lounge with fireplace, dining room and fitted kitchen.

In addition the two bedroom annexe features a lounge/dining room, two bedrooms, kitchen and bathroom.

Both buildings benefit from double glazing, mains water, drainage, telephone and electricity.

Ferrel is located between Espiche and Funchal. The nearby beaches of Praia-da-Luz and Burgau are about five minutes by car; the Golf courses of Parque da Floresta, Boavista and Palmares are a 5 to 10 minute drive.

The historic city of Lagos is about 6 kilometres and Faro International Airport is 90 kilometres away.
Viewing of this property is highly recommended.


Type Villa
Beds 5

Baths 5

Built Area 365m2

Plot Size 2100m2

Pool Yes

Terrace Yes

Garage No

Heating Yes

Balconies Yes

Airport 90 mins

Beach 5 mins

Golf 5 mins

80% mortgages available










Check availability by call our team on 091 739456/7



Utopia Property Investments is regulated by FOPDAC
www.FOPDAC.com

Bedrooms: Bathrooms: Price (€):
5 5 820,000
Features:
Beach
Golf
Spa
Submission Date:
07-11-2007
Last Update:
07-11-2007
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €820,000
 

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