Lagos – West Algarve
Investment Overview
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100% finance
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27.5% equity
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Deposit Paid
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Over 80,000€ equity
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All Costs Paid
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Fully Furnished
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Investment Summary Overview…
We are specialists in property packaging in mature markets and have selected a number regions that have recently experienced price drops, however are soon to boom back due to the luxury and unique nature of the area.
We Launch another unique overseas investment that meets every criteria our Due Diligence team have in place – Luxury properties in a first class location, with a strong rental pedigree, perfectly packaged for the investor..
This investment offers you up to €117,000 worth of total savings.
-How can you predict growth for Portugal?
It is very simple – We are not!!! However we do for the Algarve and especially this region!
-Why
Well when you visit these destinations you realize the amount of wealth already here, the passion many celebrities have for such areas and the fact the market is already being primed by cash buyers from Russia and Scandinavia.
The Deal in full …
The perfect timing as prices are set to grow in this area . This is a genuine bargain as the development remains saleable at full price!
42% discount from the lenders valuation in total
27.5% Deposit Paid
6% Completion costs paid
4% Pays for furniture – installed for free.
Prices from just €185,000
Free Furniture Pack – Saving €10,000
Bank approved finance
Projected Rental Income – €15,000 or 8%
Full rental management scheme including marketing and maintenance
Highly desirable location – 1⁄4 mile from Porto De Mos and next to the Cascades resort as well as numerous beaches
All of this for Just £4,995 + VAT and nothing else to pay
Rental …
Unique Portal placement service through Lets Holiday abroad
Many owners apartments are now successfully rented through the main holiday portals such as Holiday Lettings and Owners Direct. These type of portals offer excellent marketing support to the investor however do require some investment in your time to manage the properly adverts –
•Professionally listing the properties
•Updating the listing to maximize your optimization within the site
•Maximizing special offers such as late deal features
•Manage the enquiries from perspective holiday makers
Lets Holiday abroad offer a unique service whereby they will take care of all of the above for you as well as providing that pivotal link with the management company to ensure your property is taken care of as well as your holiday maker . By offering this unique service it allows you to maximize your return from your armchair. As you can see from the quote below from Holidays Lettings the average amount of weeks booked is 12 per advert, if you subscribe to the top 3 portals and have it managed effectively there is no reason why you cannot gain in excess of 20 weeks in the first year. It is proven that the amount of weeks booked rises year on year due to repeat bookings and recommendations.
