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Property for sale information

 
Roof Terraces And Stunning Seaviews, Santa Luzia, Tavira, Portugal  
Reference nr: LO435206
Description:

1 bedrooms/1 bathrooms
Built area: 64.6 sq metres
Balcony: 10 to 154 sq metres
from 170,000 to 275,000 euros

2 bed/2 bathroom apartment
Built area: 76 -88 metres sq
Balcony: 10 to 125 sq metres
from 182,000 to 275,000 euros

Modern apartments in Açoteias do Barril development, Santa Luzia, Tavira.

Built to a high specification throughout.

Benamour, Quinta da Ria and Castro Marim golf courses within easy reach.

Only a few minutes away by ferry to Tavira Island beach with many restaurants, bars and facilities.

You can walk to Tavira island across the footbridge from Santa Luzia, the seafront fishing village 3km. west of Tavira.

Acoteias do Barril is an exclusive development of apartments within walking distance of the sheltered lagoon harbour of St Luzia in the town of Tavira. Known as one of Portugal's best kept secrets, here you will find some of the most tranquil beaches combined with a traditional way of life.

Situated on the Nature Reserve of Ria Formosa - a vast area of more than 43 thousand acres. Forming a natural barrier between land and sea, it is formed by channels, islets and an enormous marsh.

Faro airport is 25 minutes drive
Seville is less than one hour away
Lisbon is approximately 2 hours drive.

The apartments feature fitted kitchens, pre-installation of air conditioning and double glazing. The development has underground parking and a private swimming pool.

Communal pool
Underground parking
Pre installed air conditioning
Double Glazing
Terraces and roof solariums
Intercom
Central vacuum system

Payment Structure:
€5,000 deposit
35% on contract
65% on completion

PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS!

Bedrooms: Bathrooms: Price (€):
1 1 170,000
Features:
Beach
City
Golf
Private Swimming Pool
Submission Date:
08-15-2007
Last Update:
08-15-2007
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: €170,000
 

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