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Property for sale information

 
St Amaro, Lagos  
Reference nr: St Amaro
Description:

St Amaro's condominiums are situated in the charming town of Lagos, in the Western Algarve. At just a stone's throw away from the award winning Marina, the old town and various stunning beaches; you can soak up the sun all year round, emerge yourself in a different culture, eat delicious seafood or drink a cocktail in one of the trendy bars around: Your apartment will be the ideal holiday or family home.

Inspired by it Mediterranean influences, which is reflected within the project: St Amaro has one and two bedroom apartments.

With unique infrastructures, St Amaro can offer you all you need on your doorstep.

24h manned entry gate
Cable and satellite TV
Air conditioning,
Fully fitted kichen
Security system.
Private swimming pool
Jacuzzi, wellness centre
Health club with gym
Spacious balconies
Excellent views over the city.

Living at St Amaro means you have all the elements to completely unwind and relax.

The Algarve is know for its Mediterranean climate, the summers can be hot but with gentle breeze from the ocean and the winters are mild.

With its idyllic temperatures - The Algarve is ideal fro summer and winter holidays: With average temperature in winter of 14°C and 24°C - 57°F and 75°F - in summer, rarely going below 12°C - 53°F- during winter and reaching as high as 28°C or 30°C - 82°F or 86° F - in July and August, which are ideal for playing golf and other sports.

Lagos is surrounded by 7 special sandy beaches, of which the most famous beach with beautiful red rock formations is Ponta da Piedade. Another lovely beach surrounded by dunes is Meia Praia, close to the city centre; it stretches out for many kilometres along the bay of Lagos.

Lagos itself was built on gentle hills, the grand boulevard runs along the whole city centre, with views over the magnificent bay and the marina. The historical city centre is almost completely as it used to be and has many beautiful old buildings and is surrounded by 800 year old city walls. The city has a relaxed atmosphere with its many little café's, bars and restaurants, the locals make you feel welcome and are always helpful and friendly.

Lagos goes hand in hand with the ocean, the sea food and fresh fish will satisfy any visitor. Choosing the city of Lagos is being in the presence of history and future at the same time. The old historical city centre will remain forever, but it goes together with the innovative new developments that will give you all the comfort and quality of life you deserve.

Bedrooms: Bathrooms: Price (€):
0 (studio) 150,000
Features:
Submission Date:
01-08-2008
Advertiser Details:


Name:
Liz Maher

Company:
Imagine Property Network

Phone:
1850 200 780 or 091 730104
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €150,000
 

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