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Property for sale information

 
Eden Resort  
Reference nr: 1000
Description:

We are proud to present this fantastic off-plan four star resort located in Albufeira, only 30 minutes from Faro airport. Eden Resort is a superb development of luxury villas and apartments located close to the Old Town of Albufeira. This development which will be completed in 2010 is one of the best in the entire Algarve. Carefully conceived, it offers you an extensive range of facilities and comforts designed to make your holidays truly memorable.

The wide range of amenities include a beautiful picturesque lake, five outdoor swimming pools, indoor swimming pool with sauna and Turkish bath, tennis courts, kiddies' club and poolside snack bar, club house, gourmet restaurant, bar with panoramic terrace, mini-market, café, beach club, 24 hr security, shuttle bus service to beach, golf and nightlife and a full hotel type service.

Not just the place for perfect holidays, Eden Resort has been designed to be a high quality touristic investment project and will be managed by a leading European company. The resort has been designed for four star status and excellent returns (rental and capital gains) are expected. Full details of the investment projections are available on request.

The development consists of apartments, linked villas and detached villas. All properties have been traditionally styled and are set amidst ample green areas with views over the lush gardens and pools. The density is 20% for buildings and 80% for the green areas and other pleasure facilities. Every aspect of each property has been designed and positioned to maximize the beauty of the famous Algarve sunshine and benefit from large terraces, patios or private gardens.

The development will be finished to very high and exacting standards and you can expect fully fitted kitchens with granite work tops, marble and mosaic tiling in the bathrooms, solar powered climate control and an integrated communication system.

In addition, all properties come fully furnished in a modern contemporary design and come equipped and ready to go. To this end, a leading design company has been commissioned. The fit-out includes everything from sofas, beds and dining furniture to curtains, outdoor furniture, linens and even a LCD TV, music system and other quality goods.

The developer, Group Duarte has some 50 years of experience in construction. They were the first SME in the construction sector to obtain a quality certification in Portugal for construction and commercialization of properties (April 2000) and in June 2005, they obtained the certification for Health and Safety Management Systems at work. Group Duarte has built more than 15 developments.

The payment terms are excellent and Algarve Property Ireland can also offer mortgage assistance.

Due to the quality of build, the reputation of the developers, the location and the investment prospects, we believe this to be the best development in the Algarve at the present time. Please contact us for a brochure and DVD.

Bedrooms: Bathrooms: Price (€):
2 2 300,000
1 1 238,000
2 3 454,400
3 3 563,000
Features:
Beach
Furnished
Golf
Private Swimming Pool
Submission Date:
08-21-2008
Last Update:
10-28-2008
Advertiser Details:


Name:
SMART BUYERS DONT WAIT TO BUY - THEY BUY AND WAIT

Company:
Algarve Property Ireland

Phone:
+353 1 6405364
Fax:

Mobile:
+351 96 1855 649

 
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Calculators

 
Property price: €238,000
 

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