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Property for sale information

 
Lagos, Beautiful Residence  
Reference nr: UP329499
Description:

One of the most popular tourist destinations on the Algarve and certainly one of my favourites, Lagos is a bustling town full of activity, nightlife and modern attractions.

However, it is also a town full of history and the monuments and architecture which take us back to the many different peoples who have settled here and the many maritime adventure which have started in Lagos' impressive natural harbour.

The nearby beaches are among the best in the region and the rocky headland of Ponta da Piedade is outstandingly beautiful.


Lagos has many stylish cafés most of which sell food. The range of coffee is broad from the tall milky Galão to the small black bica.

Most cafés are licenced so you can enjoy a tipple with your coffee. the food ranges from sweet and savory cakes to light meals.

The most stunning of beaches and some of the best golf resorts around.

One and two bedroom units:

From £138,000 • €175,000

Located in a prestigious and tranquil area of Lagos outside of the centre of town, Santo Amo comprises 36 one and two bedroom apartments with air conditioning, spacious balconies, fully fitted kitchens, cable and satellite TV, security systems, 24h manned entry gate, a private swimming pool, Jacuzzi and a magnificent health club.

Each apartment has an allocated an underground parking space.

To receive further information on these units and possible other units to meet your requirements, please contact us at 091 739456

Bedrooms: Bathrooms: Price (€):
1 1 175,000
Features:
Beach
City
Golf
Private Swimming Pool
Submission Date:
05-01-2008
Last Update:
05-01-2008
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €175,000
 

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