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Property for sale information

 
584m2 Plot of Land on the Golded Island of Porto Santo  
Reference nr: IL00072
Description:

Plot of Land located in the Golden Island of Porto Santo.
Situated in the Campo de Cima area, this plot is 584m2 and has an approved Project for a three bedroom house. The purchase price includes only the plot and the project. Construction of the home is at an additional cost.

Porto Santo is the smallest habited island in the Madeira Archipelago. It is situated in the Atlantic Ocean, in the extreme south-west of Europe. It is a Portuguese island and so it belongs to the European Union. It is part of the Euro Zone and the Schengen Area.
This golden isle lies just 40 Kilometers northeast of Madeira, and has a whole range of natural healthy features. A never-ending stretch of sandy yellow beach is bathed by a transparent blue warm sea which heals and rejuvenates body and mind.
The safety, the warm welcome from the local people, the pleasures of nature on the beautiful sandy beach and its tranquil waters make Porto Santo first among equals.
The major attractions of this island lie not only in its qualities as a beach resort but also as a health resort. The sands are therapeutic, with fine, soft grains containing healing organic matter with a carbonated chemical composition.
Using these precious raw materials, a thalassotherapy health clinic was built combining comprehensive healing programs with products inspired by the sea and sand. This revitalizing haven aims to create the perfect environment for detoxification, rejuvenation, stress management, encouraging health and well-being.

A unique combination of treatments caresses the senses, using the unique therapeutic qualities of the golden sand and the pure Atlantic waters to its best effect.
Come and discover a golden island surrounded by turquoise blue water, where the sun shines and tranquility reigns
Vila Baleira can tell stories and legends of the distant and recent past, with the Museum House where Christopher Columbus once lived. The primitive beauty of the landscape enchants anyone walking the paths or cycling the island’s trails.
In addition to the above, Porto Santo, is also a destination where many major competitor sports championships are held at being two of those the World Beach Volleyball Championship and the European Tennis Championships.
Porto Santo´s own golf course, designed by golf champion Severino Ballestros, is soon to be the largest golf course on the Arquipelago of Madeira, able to cater 500 people at once. There will be two 18-hole courses and one 9-hold course.
The Porto Santo Golf complex will also include eight tennis courts that will circle Pico Ana Ferreira and be connected to the existing Horseback riding centre.
This Golden Island offers much much more in terms of sports activities. Some examples of the types of sports and activities practiced in Porto Santo include:
•Water sports (Sailing, Boat trips,Canoeing,Rowing,Jet Skiing, Water Skiing)
•Game Fishing
•Diving
•Windsurfing
•Kite surfing
•Open-Air Sports
•Horseback Riding
•Jeep Safari
•Hang Gliding and Paragliding
•Cycling
•Motorcycling
•Go-Carting

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 100,000
Features:
Submission Date:
09-19-2008
Last Update:
10-09-2009
Advertiser Details:


Name:
Pedro Silva

Company:
Futurmade Overseas Real Estate

Phone:
351 291 22 12 48
Fax:
351 291 23 13 50
Mobile:
351 963 04 26 36

 
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Calculators

 
Property price: €100,000
 

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