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Property for sale information

 
Exclusive, Spacious Villas, Burgau, Algarve, Portugal  
Reference nr: LO930495
Description:

Vila Maré is a brand new collection of three bedroom villas set close to the beach in the traditional Portuguese fishing village of Burgau. Spacious contemporary living areas include high quality finishing and come with pre-installation for air conditioning, central heating, central vacuum and sound system.

Fully fitted kitchens include granite worktops, kitchen units and top of the range integrated appliances of cooker, hob, extractor and microwave. Barbeque, terrace and garden are set off the kitchen whilst the south side of the property boasts a lovely large balcony, sun terrace and plunge pool.

Burgau has absorbed the advance of tourism but still retains a strong 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.

Prices from Euro 450,000



Villa Specification
Flooring in top quality Porcelanosa tiles
Double glazed windows with electric window blinds
Luxury fitted kitchens with integrated appliances (hob, oven, microwave & extractor fan)
Pre-installation for air-conditioning, central heating central, central vacuum system,
sound system & satellite TV
Custom built in wardrobes, fitted and fully lined
Private garage with automatic entrance door
Barbeque



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

Features:

- Brilliant Location
- Spacious living areas
- Excellent Standard of Construction and Finish
- Adjacent to Village
- Inspection Trips Available to view this and a wide range of properties

Bedrooms: Bathrooms: Price (€):
3 2 450,000
Features:
Beach
Private Swimming Pool
Submission Date:
02-03-2008
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: €450,000
 

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