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Property for sale information

 
Mira Baia, 100 Metres To Beach, Beautiful Rooftop Terrace With Heated Pool, Lagos, Algarve, Portugal  
Reference nr: LO990057
Description:

Mira Baia (Lagos) consists of two and three bedroom apartments, in a private electric gated condominium, just 100 meters from the beach. The heart of the homes, the kitchen and living room are created in an open plan style exuding space and light. The contemporary fixtures and fittings are to a very high standard with feature doors and furnishings. The piste de resistance of these apartments is the most beautiful communal roof top terrace, complete with a heated swimming pool. The views are simply stunning as you look over the longest stretch of beach in the Algarve, Meia Praia, on to the Monchique Mountains and then up along the coast to Alvor and Portimão.

2-bedroom apartment starting from Euro 475,000 (ground-floor)
3-bedroom apartment starting from Euro 400,000 (ground-floor, far smaller terrace)


Features & Finishing
Private Gated Luxury Condominium with only 15 apartments
Communal roof terrace with heated swimming pool
Electric gates & garage door opener
Elevator
Satellite TV
Fully installed air-conditioning
Luxury kitchens with appliances included
Quality entrance door & video entry system
Double glazed windows with electric window blinds
Pre-installation for central heating, central vacuum system & central sound system


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

Features:

- Beautiful communal rooftop terrace with heated pool
- Overlooking the stunning Monchique Mountains
- 100 metres from Beach
- Inspection Trips Available to view this and a wide range of properties

Bedrooms: Bathrooms: Price (€):
3 2 400,000
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:

 
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Calculators

 
Property price: €400,000
 

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