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Investment Property » For Sale » Portugal » Faro » Algarve » Alvor Village    

Alvor Village


Location

Portugal
Faro
Algarve
Alvor

Price

€172,250
to €315,000

Delivery date: August 2008
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Property ID: 462968








     
 

 Description

Key selling points

  • 5% Reservation deposit with all purchasing costs paid for
  • 10 year guaranteed rental return
  • Rental income expected to cover mortgage payments
  • Extensive Tax and Stamp Duty reductions and excemptions
  • 10% price reduction from Developer

  • Property secured for only 5% deposit, with all purchasing costs included in this price 
  • 10 guaranteed year rental return of an average 6% per annum (based on 60% occupancy) with the rental return expected to cover the mortgage repayments
  • Exempt from IMT tax, saving over €6,000, and also from IMI Tax (Council Tax) for 7 years
  • Stamp duty only €6 per €1,000
  • Up to two months personal usage available to owners in off-peak season for payment of nominal cleaning charge of €10 per day and a 25% rental discount for bookings during the peak season
  • Exceptional on-site facilities such as swimming pools, practice putting green, fitness centre, restaurants and resident parking. Only 5 minutes drive from Meia-Praia, Algarve's largest beach
  • Excellent shopping facilities at the nearby city of Portimão. It is also close to the tourist centre of Praia da Rocha.

 

About The Algarve and Alvor

The Algarve is one of Portugal's most celebrated and long-standing tourist areas. With it's endless sandy beaches, lush green golf courses and traditional villages and marinas, it's no wonder that this is one of the most visited tourist areas in Europe.

Alvor is a typical example of an Algarvean village, with narrow cobbled streets and rustic, Arabian influenced architecture. It has everything you could want from a tourist destination, with restaurants, bars, shops and boutiques while still maintaining it's rustic identity and it's original architecture intact.

About Alvor Village

The Alvor Village apart-hotel development contains 70 high quality one and two bedroom properties, with 66 apartments and 4 penthouses. The apartments are all fully furnished and enjoy large balconies with views over the local countryside and the resort grounds. The surrounding areas offer some of the regions premier golf courses, marinas and tourist attractions. Yet Alvor Village also plays host to its own high quality facilities. Residents at Alvor Village can enjoy the swimming pools, bar and restaurant, a fitness centre and the private putting green.

 
     
     
 

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