Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Vila Verde  
Reference nr: LW666301
Description:

Studio Apartment reduced from €59,900 to €46,000 Saving €13,900!

This really is a once in a lifetime opportunity to avail of a real bargain just months before completion.

The award* winning resort of Vila Verde is located on the island of Sal. Vila Verde emulates a small colonial village amid luxurious green areas. This is achieved through a balance between urban structures, along an exclusively pedestrian access, and green community areas with private swimming pools.

Vila Verde, being one of the first resorts to sell out completely is an attractive buy- the studio apartment is on offer at €59,900 and is now reduced to €46,000!!! This is a great opportunity to buy before the resort is complete- below the original purchase price.

Situated 10 minutes by car from the airport, just 2 km to the town centre of Santa Maria and less than 5 minutes walk to the beach, the Vila Verde resort is perfectly placed. The resort includes plazas, meeting points and leisure spaces are strategically placed along the pedestrian boulevard. Food & beverage, retail, and other services are randomly distributed along this access, thus creating an old village environment. From the entrance, a main road distributes traffic in a ring that causes no interference with the pedestrian access.

Apartments
The apartments in Vila Verde are large and spacious and finished with modern and natural materials. Bedrooms have large sliding door wardrobes. The kitchens are fully equipped with a refrigerator, oven, hob and extractor, and a washing machine. High quality granite worktops blend with wood finished cabinets. The lounge, kitchen and bathroom are floored with ceramic tiles. All studios were sold out until recently when these 3 stunning large studios have become available- you still have the chance to buy at the award* winning Vila Verde resort.

*Vila Verde Resort has been awarded a prize in the category of Best Architecture (Multiple - Over 5 Units). This BENTLEY AWARD, jointly won by Nuno Leonidas Architects and TECNICIL, is the recognition of the high quality of Vila Verde Resort concept and architectural design.


Overview of Resort

* There will be a balanced mix of apartment, townhouse and villa communities.
* Supermarket
* Over 50 shopping stores
* 4 Country Clubs
* Restaurants and snack bars
* Fitness & Beauty Parlours
* Pubs & Bars
* Petrol Station & Car washing
* Botanical Gardens
* Tennis Courts
* More than 5 km of pedestrian and jogging pathways
* Large open and green areas
* The central area along the pedestrian access will be divided into 13-gated communities with apartment blocks around private open gardens with swimming pools.
* The resort will have parking places on the villa and townhouse plots, and also a large number along the roads, and under the pedestrian boulevard.
* All properties will have fully fitted kitchens including granite worktops, built in ovens and hobs, fridge freezers and washing machines (Villas also have dishwashers)

*5% Guaranteed Rental*

Bedrooms: Bathrooms: Price (€):
0 (studio) 46,000
Features:
Beach
Private Swimming Pool
Spa
Submission Date:
12-11-2008
Advertiser Details:


Name:
Belmore International

Company:
Belmore International

Phone:
00353 1 297 3394
Fax:
01 293 9060
Mobile:

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo

property photo

property photo

Vila verde
 
Calculators

 
Property price: €46,000
 

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