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Property for sale information

 
Lagos, Portugal - Almaverde, 3 & 4 Bedroom Apartments  
Reference nr: LO472624
Description:

AlmaVerde Village is for people who want to enjoy healthy, relaxed living with all the comfort and convenience of a home from home. It is a new village and range of amenities that will serve both as a residential community and as a vacation destination.

It is set among mature oak, pine and carob trees on the site of a rustic farm, surrounded by fig and olive groves. To the North, the site overlooks the traditional village of Barão de São Miguel. The picturesque fishing village of Burgau, with its sandy, sheltered beach, is just a few minutes’ drive away.
AlmaVerde is planned as a low density community, with only ten percent of the total area designated for building.
Most buildings are single storey with the occasional two storey building adding variety and interest. Due to their elevated position, many of the plots have panoramic views of the surrounding countryside.

AlmaVerde Village & Spa is located 10 km West of Lagos on the EN125 and, with the opening of the new motorway extension to the western Algarve, the journey time from Faro International Airport to AlmaVerde is now under 60 minutes.

Faro is within a 3 hour flight of every major European city. There are frequent and inexpensive scheduled and charter flights from London’s airports to Faro. The flight takes two and a half hours. Aer Lingus, Luxair & Ryanair also fly between Dublin and Faro.



AMENITIES
Set in seven hectares of landscaped parklands, the AlmaVerde Spa is at the heart of a complex of amenities created to meet the year-round health, fitness and leisure needs of both residents and guests. These include:

• Modern Spa offering a comprehensive range of wet and dry treatments, incorporating both beauty and luxurious body treatments and therapies
• Meeting and events suite accommodating up to 100 guests
• Pools area with indoor, outdoor pools and whirlpools for both exercise and leisure
• Fully-equipped fitness suite and exercise studio
• Wellness centre, offering both conventional and complementary therapies
• Racquets club with four synthetic grass tennis courts, a paddleball court, a beach volleyball court and a pavillion with changing facilities and food and beverages service
• Multi use pitch
• Gift shop, art gallery, international restaurant and bar
• Meetings and events suite
• Adventure playground
• Supervised crèche
• Restaurant



AlmaVerde club

Those purchasing property at AlmaVerde automatically become resident members of the exclusive Alma Verde Club. Each resident membership entitles two nominated adults and up to three children to free use of the amenities, including the swimming pools, exercise studio, racquets club and spa, subject only to age restrictions on use of the spa itself.



PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.

Bedrooms: Bathrooms: Price (€):
3 3 472,053
Features:
Beach
City
Golf
Spa
Submission Date:
08-10-2007
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €472,053
 

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