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Apollon Holiday Village >
Location: Algarve - Portugal
Property Reference: PA53-azuER
Price: £180,200
Deal Highlights – Amazing deal.
• 20% instant equity (2011 bank valuation)• 80% Loan to value mortgages• Low entry cost from £1,595.00 – 100% FULLY REFUNDABLE FEE if client does not get a mortgage. Non refundable £550 of fee if client gets approved but then does not want to go ahead.• 3 year, 5% Rental Guarantee.• Hugely popular Algarve destination. Fully operational resort, opened June 2010• Prices from £180,200• All closing costs paid (Typically €30k)• 5-7% rental projections from 50/50 split• 6 weeks personal usage per year• Fully furnished to a luxurious standard – 4 Star luxury apartments• Inspection trips welcome. 2 nights stay free, Bed and breakfast. Flights refunded up to value of £300 on completion.
Eden Resort is a luxury apartment & villa development situated just over 1 km from the old and new towns of Albufeira. The resort completed in July 2010 and is now fully operational and was recently merited with the government approved DUT licence.
The license is approved by the Tourism Department with DUT (the Right of Touristic Utility), which provides purchasers with IMT Tax exemption, an 80% reduction of the Stamp Duty Tax and IMI Tax exemption for 7 years.
The current property prices are discounted against current Portuguese bank valuations and the resort also has a guaranteed rental & management program through Duarte Tourismo.
Resort Information
1. Luxury Resort in Albufeira, Algarve Portugal 2. Adam & Eve Spa 3. Eden Resort Beach Club at Castello Beach 4. Sports Centre with Multi Games Facility 5. Less than 5 Minutes to the Beach & Centre of Albufeira 6. Within 20 minutes of many Top Algarve 18 Hole Golf Courses 7. 20 Minutes to Faro Airport
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