Apartment for sale in Costa do Estoril - Lisbon Area, Portugal

For buy to let investors this is an outstanding opportunity to invest in an area that attracts visitors of all nationalities who come for its stunning natural beauty (The Arrábida Natural Park is just a short drive away), all year round golf (7 high standard courses within the immediate locale) and extensive water activities. The resort also offers a 400m2 onsite luxury spa, club house and bar / restaurant, on-site childcare and a host of other useful facilities designed to make guests feel at home. Prices start at €214,000 and a 90% mortgage is available. Importantly, the developer will pay ALL closing costs. As with all of our Buy to let Apart-hotel products investors can also enjoy low cost personal use of up to 56 days per year, with ONLY a 1% commitment fee!

The deal...
• A fully managed apart-hotel investment
• 100% mortgages (effectively 90%LTV)
• 1% commitment fee - as little as £1,690
• Instant equity - approx 10% of current valuation – typically €30,000
• ALL closing costs paid by developer - typically around €30,000
• A cashback of 2% towards 1st years mortgage - approx €6,000
• Mortgage interest only for 3 years at around 2.65%
• 6.5% average net rental return per annum to investors
• Personal usage allowance of 6 weeks per annum
• No hassle, no ongoing costs
• Luxury, fully furnished property, 5* quality
• Kasamia are proven and experienced management company
• The resort has bars and restaurant, largest Spa facilities in the area with Jacuzzi, Gymnasium, Sauna, Steam Room, Treatment Rooms and various swimming pools, kids pools and children's play area, shops and boutiques
• SIPP Compliant
Sesimbra Bay has just been nominated by The Sunday Times as the 11th best beach holiday destination! Check this out at www.timesonline.co.uk