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Property for sale information

 
Algoz, Algarve, Portugal, Large Open Plan Living Area  
Reference nr: LO797590
Description:

Situated in the traditional picturesque town of Algoz, it is only ten minutes from Silves and Messines. The development will feature a communal swimming pool, snack bar and restaurant.
These townhouses, currently under construction, feature an open plan lounge, two bedrooms with en suite bathrooms and a garage.

Prices from Euro 280,860 for 2-bed / 2-bath townhouse


Airport: 35min
Beach: 15min
Golf: 10min


Kitchen
The ground floor of the townhouse is open plan. Enter the townhouse into the kitchen area. Feature chrome staircase with wood banisters leads up to the first floor. The galley kitchen comprises of base and eye level units with granite worktops and inset stainless steel sink with mixer tap. The appliances comprise of a hob and oven with extractor fan and integrated fridge/freezer and dishwasher. Doors to cloakroom and basement garage. Leads into the lounge/dining area. Inset lighting. Wood beamed ceiling. Hand made ceramic tiled floor. Area: 8 sqm

Cloakroom
Suspended toilet and wash hand basin. Inset lighting to ceiling. Ceramic tiled walls and floor. Area: 2.38 sqm

Lounge/Dining Area
Spacious lounge/dining area with double glass doors leading to rear terrace. Feature wood burning stove. Surround sound system. Air conditioning and under floor heating. Area: 32 sqm

Lounge Terrace
Terrace with views over the surrounding countryside. Wood decking. Leads to private garden.

First Floor Landing
Stairs from the ground floor lead up the first floor landing. Doors to bedroom one, bathroom and bedroom two. Inset lighting to ceiling. Wooden floor.

Bedroom One
With built in wardrobes and sliding doors to private balcony with guard rails and views of the surrounding countryside. Door to en suite bathroom. Wood floor. Area: 17 sqm

Bedroom One En Suite
Matching sanitary ware comprising of a suspended toilet, suspended bidet and twin wash hand basins set on a marble top with storage under. Bath with shower attachment above. Inset lighting to ceiling. Ceramic tiled walls and floor.
Area: 6 sqm

Bedroom Two
With built in wardrobes. Double doors to private balcony with guard rails, overlooking surrounding countryside. Door to en suite shower room. Wood floor. Area: 13 sqm

Bedroom Two En Suite
Matching sanitary ware comprising of a suspended toilet and wash hand basin set on a marble worktop with storage under. Corner shower. Ceramic tiled walls and floor. Area: 4 sqm

Private Garden
Each townhouse will feature a private rear garden, comprising of a wood decking area with brick built BBQ leading into a lawned area.

Basement Garage
Stairs from the ground floor lead down into the basement garage with remote control garage door. Concrete floor. Area: 75 sqm

Additional Features
Underfloor heating, air conditioning, electric shutters and double glazing throughout.

Development Features
The development will feature ten duplex apartments, twenty seven townhouses and 13 villas. There is a communal swimming pool, shared between the townhouses and apartments, a snack bar and play area for the children. The commercial centre will feature high quality shops and a gourmet restaurant.

Bedrooms: Bathrooms: Price (€):
2 2 280,860
Features:
City
Furnished
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: €280,860
 

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