Sesimbra Bay Beach & Spa Resort - Apartments for Sale, Real Estate - Number of Bedrooms: 1, Number of Bathrooms: 1 - Setúbal, Setubal, Portugal

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Sesimbra Bay Beach & Spa Resort
Date & Time Listed: 2010-04-12 16:50:41 (GMT)

Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: Portugal, Setubal, Setúbal

Ad Details:

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 6-8 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

Other Details:

Number of Bedrooms: 1
Number of Bathrooms: 1

Price: 169,000.00 EUR

Keywords:

100 finance, 5 star facilities, prime location, hassle free investment, 30km from Lisbon, Beachside location

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Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1 Posted From: Portugal, Setubal, Setúbal

Posted in Categories: Real Estate, Apartments for Sale - Number of Bedrooms: 1, Number of Bathrooms: 1
Posted From: Portugal, Setubal, Setúbal