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Property for sale information

 
Set In Beautiful Landscaped Gardens, Short Walk To Old Town, Lagos, Algarve, Portugal  
Reference nr: LO172430
Description:

Miroceano is a selection of two and three bedroom apartments close to the heart of Lagos. The development is set in landscaped gardens in a superb, highly sought after location, close to supermarkets, shops and bars.

The spacious apartments all boast large open plan living rooms with terraces and fully fitted kitchens with oven, hob, fridge freezer & washing machine. En-suite bedrooms and bathrooms feature contemporary specifications throughout that have been carefully chosen for quality and style.

These apartments enjoy a video entry system and secure private garage parking which makes them perfect for purchasers looking for a ¡§lock up and leave¡¨ holiday investment.

2-bedroom apartment starting from Euro 200,000
3-bedroom apartment starting from Euro 235,000


Features & Finishing
„X 4 storey building with elevator
„X Communal underground garage with automatic entrance
„X Landscaped gardens

All apartments include:
„X Quality entrance door + video entry system
„X Quality kitchens with appliances included
„X Double glazed windows with electric roller blinds
„X Pre-installation for air-conditioning, central heating, central vacuum system & sound system


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

Features:

- Short Walk to Old Town
- Excellent Standard of Construction and Finish
- Many additional Features included in price
- Inspection Trips available to see this and a wide range of properties

Bedrooms: Bathrooms: Price (€):
2 2 200,000
Features:
Beach
City
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:

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €200,000
 

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