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Property for sale information

 
Albufeira - 3 bedroom Apartments - €180.000  
Reference nr: UP371648
Description:

This development will comprise of 16 apartments in a closed condominium. It is presently being sold off plan and is due for completion in 2008.


The apartments will be similar in style and finish to the development next door which was finished this year. The development comprises of four blocks of four apartments; two apartments on the ground floor (with gardens) and two on the first floor (with roof terrace), with dedicated parking spaces in an underground garage.

The Condominium also features a communal garden and swimming pool.
The apartments will be built to a high specification; featuring oak wood finishes, fitted wardrobes and plenty of storage space, electric shutters, heat and sound insulated walls, air conditioning, central vacuum system, pre-installed alarm system and cable TV.


Located approximately one kilometre from the small town of Ferreiras, and only a ten minute drive from the centre of Albufeira, and its beaches, bars and restaurants. This is a quality development, with reasonably priced properties which are a sound investment.

The pictures of the present property are of an existing show apartment, in a neighbour building. The finishing's and fixtures will be similar.



Hall
Enter the property into the entrance hall with double doors to lounge/dining room, door to kitchen and archway to inner hall with bedrooms and bathroom. Ceramic tiled floor. Area: 3,65 sq m
Kitchen
Fully equipped kitchen with base and eye level units providing drawer and cupboard space. Granite worktops with inset sink and mixer taps. Appliances include an electric oven and gas hob with extractor fan over, dishwasher, fridge/freezer and washing machine. Ceramic tiled floor and walls. Window to front aspect. Area: 10,5 sq m

Pantry
Small pantry in the kitchen with ceramic tiled floor. Area: 0,8 sq m

Lounge/Dining room
Spacious open plan lounge/dining room with feature fireplace, and sliding patio doors leading to terrace overlooking the garden. Ceramic tiled floor. Area: 32,15 sq m

Inner hall
The inner hall provides access to the master bedroom, bedrooms two and three, and the bathroom. Ceramic tiled floor.
Area: 6,3 sq m

Master bedroom
Master bedroom with built in wardrobes with sliding doors. Window with garden aspect. Ceramic tiled floor and door to en suite. Area: 15,95 sq m

Master bedroom en suite
Shower room with matching sanitary ware comprising of close coupled toilet, wash hand basin set in vanity unit and shower cubicle. Ceramic tiled floor and walls.
Area: 2,55 sq m

Bedroom 2
Twin bedroom with built in wardrobes with sliding doors. Sliding patio doors to balcony with garden aspect. Ceramic tiled floor. Area: 13,2 sq m

Bedroom 3
Bedroom with built in wardrobes with sliding doors. Window to front aspect. Ceramic tiled floor.
Area: 13,95 sq m

For a further up date on availability listing on Por

Bedrooms: Bathrooms: Price (€):
3 2 180,000
Features:
Beach
City
Golf
Spa
Submission Date:
04-21-2007
Last Update:
02-26-2008
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €180,000
 

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