Ref: HS1071687

foz da ria ~ Natural Quality (Unit L - 1st Floor)

EUR €238,000  (approx. GBP £192,277)

  • Apartment (New Build)
  • 1 Bedrooms
  • 1 Bathrooms
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Additional Photos

foz da ria apartmentsArtists ImpressionSpacious Sunbathing Deck and Pools Set In Sub-Tropical Gardens Spacious Terraces With Stunning Coastal And Ocean ViewsEnjoy Outdoor Living In Style!Spa Bath and Gym FacilityTypical Living And Dinning AreasTypical High Quality Fitted KitchensTypical BedroomTypical Floor Plan T1 - 1 Bedroom Apartment

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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

Main Facilities

Suitable For ChildrenSuitable For ElderlySwimming Pool

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Map

 

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Location

BeachRural

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

Activities

GolfFishingWatersports

Foz da Ria is fortunate to be set amongst some of the worlds top class golf courses and able to benefit from their outstanding amenities. Palmares golf course is within a stones throw of the property and comprises of 18 holes, par 71, and length of 5,961 metres. It is best known for its breathtaking scenery. The setting is idyllic with the majority of the holes on gentle slopes above the extensive beach stretching from the Lagos Marina to the mouth of the Alvor River.

Penina is the Championship course designed by Sir Henry Cotton, situated within a few kilometers of Foz da Ria at Portimão.

Boavista Golf Course is set overlooking the Atlantic Ocean, Lagos and the Monchique Hills. Designer Howard Swan has successfully integrated his layout into the existing natural terrain using the very features that make Boavista a delight to the eye.

Foz da Ria boasts a flood lit all weather tarmac finish tennis court, along with the swimming pool and other facilities.

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Currency Converter

The sale price is quoted in (EUR €). Show approximate sale price in:

EUR €238,000 = GBP £192,277*

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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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Marketed By: Nicolas Villas Ltd.

Nicolas Villas Ltd.

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Disclaimer: Property Reference: . This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars. The information is maintained by Nicolas Villas Ltd.. Please contact the owner, selling agent or developer directly to obtain any information.