About the Apartment
- Property: Apartment (New Build)
- Bedrooms: 1
- Bathrooms: 1
- Receptions: N/A
LAST REMAINING 3 UNITS... Don't Miss Out On This Great Deal! Luxury 1-bedroom apartments situated on the fabulous foz da ria development overlooking the magnificient Meia Praia and bay of Lagos. RESERVE TODAY and START USING your NEW APARTMENT IMMEDIATELY... NO COSTS for 1st YEAR! Just 10% deposit!
Features
Foz da Ria is an exclusive development of 28 apartments, set amongst sub-tropical gardens and represents an ideal investment oportunity, buy-to-let, holiday home or just simply a retirement home in the sun. The condominium is totally private, and can boast a tennis court, heated pebble pools and outstanding view overlooking the Ria de Alvor estuary.
The apartment is offered for sale unfurnished...
Plot Size: N/A
Map

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Location


- Beach
- Rural
- Resort
- Waterfront
- Coastal
- Luxury
- Activity
- Family
- Sightseeing
Foz da Ria is situated in the un-spoilt Western Algarve, an unexpected, surprising and delightful region set in a niche of barely discovered coves, azure waters, platinum sands and picturesque fishing villages. With outstanding view overlooking the Ria de Alvor estuary to the East and the fabulous Meia Praia beach to the West, Foz da Ria is 3 kilometres outside the town of Lagos, which is in one of the largest bays on the Algarve. Lagos is an attractive, bustling cosmopolitan town it was conquered in the 8th century by the Moors who left behind fortifications, some of which can still be seen today.
Travel
Transport Requirements: Car
Currency Converter
The sale price is quoted in (EUR €). Show approximate sale price in:
EUR €238,000 = GBP £192,277*
Pricing Notes
~ PAY ONLY 10% deposit with Promissory Contract and have IMMEDIATE access to the apartment;
~ Completion deed in ONE year with final payment;
~ 3.5% guaranteed rental agreement for 1st two years, with 8 weeks usage for owner
~ 1st year rental income deducted from the sale price at the time of the completion deed (i.e. 238,000 x 3.5% = 8,330 Euros);
~ 2nd year rental guarantee paid monthly to owner with a Portuguese bank account;
~ NO condominium fees for 1st year;
~ NO utility bills for 1st year;
~ NO rates for 1st year;
~ Financing available with Barclays with a LTV of 70%
~ NO lawyers fees (a saving of around usually 1% of purchase price)
~ On-site Property Management And Letting Facilities Available
~ Inspection Tours Available From £99 per person!
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