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Property for sale information

 
Lagos, Algarve, Portugal, Walking Distance to Lagos Marina  
Reference nr: LO660274
Description:

2-bedroom apartments which are set on a gated condominium within walking distance of the Lagos Marina. There are 36 apartments set in a five storey complex which will benefit from a communal swimming pool, 'wellness centre' and gymnasium.


2-bed / 2-bath apartment starting from Euro 235,000
(off-plan development)

Airport: 45min
Golf: 5min
Beach: 5min


Hall
Enter the apartment into a hallway which leads into the lounge/dining room. Doors to bedroom one, bathroom and master bedroom. Built in cupboard provides extra storage. Ceramic tiled floor. Area: 3.60 sqm

Lounge/Dining Room
Spacious open plan lounge/dining room. Two sets of patio doors lead onto the shared
terrace. Leads into the ktichen. Ceramic tiled floor. Area: 25.90 sqm

Kitchen
The lounge/dining room leads into an open plan kitchen which comprises of base and eye level units, worktops with inset stainless steel sink and mixer tap. Appliances to be
confirmed. Ceramic tiled floor. Area: 11.30 sqm

Shared Terrace
Spacious terrace shared between the lounge/dining room, bedroom one and master
bedroom. With views over the communal gardens, swimming pool and Lagos. Tiled floor. Area: 39.05 sqm

Bedroom One
Double bedroom with built in wardrobes. Sliding doors lead onto shared terrace. Ceramic tiled floor. Area: 13.05 sqm

Bathroom
Matching sanitary ware comprising of a suspended toilet, suspended bidet and double wash hand basins set in a vanity unit. Bath with shower over. Ceramic tiled walls and floor. Area: 5.35 sqm

Master Bedroom
Spacious double bedroom with built in wardrobes. Sliding doors open onto shared terrace. Door to en suite shower room. Ceramic tiled floor. Area: 16.30 sqm

Master Bedroom En Suite
Matching sanitary ware comprising of a suspended toilet and wash hand basin set in a vanity unit. Corner shower. Ceramic tiled walls and floor. Area: 4.40 sqm

Features
The apartments will benefit from air conditioning in the bedrooms and lounge, private parking in the basement garage and video camera surveillance at the entrance doors. The gated condominium will feature a communal swimming pool, 'wellness centre' and gymnasium. Condominium fees are expected to be in the region of €70 per month.


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

Bedrooms: Bathrooms: Price (€):
2 2 235,000
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
03-14-2008
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: €235,000
 

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