£5,000 cash deposit (Payable only once mortgage approved)
Nothing else to pay
Guaranteed rental
35% discount from bank valuation
2.5% Interest only mortgage
65% LTV Mortgage
Closing costs PAID BY DEVELOPER
Fully furnished PAID BY DEVELOPER 35% Balance PAID BY DEVELOPER
INVESTOR BENEFITS
Immediate equity in the property
Positive cash flow
Guaranteed rental
Brand new apartment
These apartments are among the most luxurious on the Algarve. Set among the fairways of the Royal Golf Course on Vale do Lobo, this offer brings the ownership of a high specification, truly chic apartment, within the grasp of many. The cash outlay required wouldn't even finance a 2 week holiday in one of these apartments, and mortgage payments will be covered by the guaranteed rental from day one. The mortgages are being provided at 65% of the bank's valuation, and with this level of security the criteria are easier to meet than many other purchases. And to make the purchase easier the developer is gifting the remaing funds, is gifting the completion costs, and will provide the property fully furnished.This is truely an effort free, positive cash flow opportunity to significanly enhance your property portfolio.
These apartments feature en suite bathroom in every bedroom, plus a guest cloakroom, Dressing room in the master bedroom, lift opening into your apartment from the parking garage, luxury fitted kitchen, infinity pool (ground and first floor) or Jacuzzi (penthouse), sun deck, Wood burning stove, air conditioning.
Vale do Lobo is the most established golf resort on the Algarve, and with the highest standard holiday properties. The Margarida apartments will truely reside among the cream of the apartments on this resort.
