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Property for sale information

 
A Guaranteed investment in the Algarve Portugal  
Reference nr: LW116764
Description:

We are thrilled to bring you one of the most exciting investment and rental guarantee opportunities in the Algarve
Please contact us for bespoke investments.

Features:

- Low deposit, only €6000 reservation fee

- 20% deposits held in escrow until completion

- 80 % LTV pre-arranged with a choice of 3 Portuguese banks

- Guaranteed rental income between 3% to 4% for 3 years

- Deals available off plan

- Below market value prices

- Under construction, completion in September 2010

- Exclusive use of your apartment for 3 to 4 summer weeks a year

- Access to all luxury amenities at the 5 star Radisson hotel and spa

- Sports academy including full gymnasium, swimming pool, squash courts, etc

- 10 year benefit package for members include: VIP passes, golf discounts, driving courses, VIP parking, private track days and more

- F1 is realistic objective

Bedrooms: Bathrooms: Price (€):
0 (studio) 227,500
Features:
Submission Date:
01-14-2010
Advertiser Details:


Name:
Lynne Whittell

Company:
Algarve Distinctive Homes

Phone:
00351918726154
Fax:
00351289328711
Mobile:
00351918726154

 
Property Photo Gallery

 

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Calculators

 
Property price: €227,500
 

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