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Property for sale information

 
Great Location, Exceptional Quality Finish, Burgau, Algarve, Portugal  
Reference nr: LO658770
Description:

** Call Locations Estate Agents in Dublin on 6771188 or Portugal on 00351 916235958 ** Vila Maré is a brand new collection of one and two bedroom apartments set close to the beach in the traditional Portuguese fishing village of Burgau. Spacious contemporary living areas have wall to wall windows leading to generous balconies overlooking the communal pool, sun terrace and garden. High quality finishing includes Porcelanosa tiling, fully lined and fitted wardrobes plus full installation of air conditioning and pre-installation for central vacuum and sound system. Fully fitted kitchens have granite worktops, kitchen units and top of the range integrated appliances of cooker, hob, extractor and microwave.

Burgau has absorbed the advance of tourism but still retains a strong historical character which remains relatively un-spoilt due to its location in a small cove bound by steep cliffs. The locals still set out to sea in brightly painted boats in pursuit of squid, lobster and sardines as they did a hundred years ago. Nestled on the edge of a national park, the steep streets lead to a horseshoe shaped bay where there is a beach bar, several café’s, bars and restaurants. Historic Lagos is just 10 minutes away by car.


1 bedroom apartments from Euro 155,000
2 bedroom apartments from Euro 215,000


Features & Finishing
Fully installed air-conditioning
Quality security door, double glazed windows, electric window blinds
Luxury fitted kitchens with integrated appliances (hob, oven, microwave & extractor fan)
Custom fitted, fully lined wardrobes
Reprogrammable safety deposit box
Pre-installation for central heating, central vacuum, sound system & satellite TV
Alarm system in ground floor apartments
Communal swimming pool, sun terrace & garden
Assigned parking in communal garage with automatic entrance


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

Features:

- Huge balconies
- Close to the beach in Burgau
- Spacious living areas
- Highest quality

Bedrooms: Bathrooms: Price (€):
1 1 155,000
Features:
Beach
City
Furnished
Golf
Submission Date:
01-29-2008
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: €155,000
 

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