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Property for sale information

 
Portugal, Cascais / Up to 90% finance available, up to 5 years interest only mortgage payments  
Reference nr: LO644019
Description:

This is a first class residential gated complex with a total of only 146 units laid out in seven small apartment buildings and thirteen villas set back 3km from the sea and nestled in the dazzling setting of Cascais right on the Estoril Coast.

The resort apartments are clustered around the central ''club house'' which will include a swimming pool with sauna and Turkish bath together with tennis courts, gym and a sports pavilion with bar area.

The complex is a car free environment; parking for all properties is underground. This allows full use of the 15,000 sq meters of open green space to be extensively landscaped and a safe environment for children to play.

The location is excellent with Cascais, Estoril and Lisbon all within a short drive.
The finish of the properties allied with the extensive landscaping makes for the perfect combination of a holiday or investment property.


The town of Cascais is a popular holiday destination only 20 minutes from the cosmopolitan city of Lisbon. Cascais is a picturesque fishing town with an exceptionally good climate and an incomparable architectural and cultural heritage - its modern cultural centre, with excellent shopping and great selection of restaurants, sits amongst the palaces and castles of Lisbon.


FANTASTIC FINANCIAL DEALS:
1. Up to 90% Mortgage LTV finance available (Subject to Status)
2. Up to 5 years interest only mortgage payments by yourself
3. 8% Developer Discount
4. 0 Deposit - Only pay purchase costs
5. Upon the purchase deeds being signed, the developer will pay monthly mortgage payments to the bank for up to 2 years ( Interest only Payments)
6. The properties will come fully furnished.
7. The buyer can -if they want to- sign a rental management agreement and collect any rents that their property will make from day one.



2 bedroom apartments from Euro 274,500
3 bedroom apartments from €352,200
4 bedroom apartments from €515,000
Completion Date: Already Completed



Standard features include:
• Underground parking (remote control access)
• Extensive hard and soft landscaping
• Armored safety doors / anti theft locks
• Pre installation cable TV
• Central heating
• Videophone access & alarm system
• Oak flooring
• Marble and stone used extensively in kitchens and bathrooms
• Fully equipped kitchens including: hob, oven, in-built dishwasher and washing and drying machines, fridge / freezer
• Computer controlled /Intelligent House
These high specifications pay close attention to luxury and detail and the layout of the buildings have been thoughtfully planned to ensure privacy and security.


General Finishing and Special Equipment

• Armoured safety doors with anti-theft lock and oak veneer finish.
• Phone sockets in the living room, bedrooms and kitchen.
• TV sockets in the living room, bedrooms and kitchen.
• Pre-installation of cable TV.
• Central heating by Vulcano mural gas boiler or similar.
•Main access gate to the parking basement with remote control.
•Emergency l

Bedrooms: Bathrooms: Price (€):
2 1 274,500
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
05-26-2008
Last Update:
07-17-2008
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: €274,500
 

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