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Portuguese Apartment For Sale - Ref 1152770

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Property No Longer Available

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Apartment/Flat Description

This is a fantastic opportunity to purchase an entry level Algarve investment property that will give you not only 4 weeks free usage a year, but a great return both monthly on the rental income and in terms of future capital growth too!!(*Mortgage Guarantee pays monthly mortgage payments for first 2 years, to a max 4% mortgage intererst rate – typical rates currently being achieved by clients are 2.5-3.25%)



Facilities

2 x Private Pools, Kids Pools, 2 x on site Restaurants, Bars and facilities



Investment

Only £1,500 all in, in regards to commitment fee.
All closing costs paid. All fees and taxes paid.
All units are Fully Furnished
2 Year Mortgage Guarantee – means the first 24 months mortgage payments are covered for you, IN FULL*!!
All condo costs covered for first 2 years
4 weeks personal usage a year
Established resort with on site agent (in place for last 10 years) to manage your lettings year 3 onwards
60% share of income year 3 onwards

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Approximate price of this 2-Bed Apartment
€246,158 EUR | 
£197,000 GBP | 
US$308,829 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1152770 
Town Tavira 
Province Faro 
Country Portugal  
Type Apartment
Bathrooms
Bedrooms
Build Size 0.00 
Category Re-Sale  
Listed over 6 months ago
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Map of Tavira, Faro, Portugal


Towns located close to Tavira, Portugal

  • Belmonte   • Santo Estevao
  • Luz De Tavira   • Luz
  • Campina De Sao Tiago   • Ribeirinha
  • Sao Pedro   • Pedras De El-rei
  • Malhada De Santa Maria   • Santiago (tavira)


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Price: £197,000

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Purchase this Apartment/Flat in Tavira for

€516p/m

(75% LTV, 4% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Price of Property in Tavira, Portugal

Property Type Min Price Max Price Median Price
(All prices in EUR) Tavira Portugal Tavira Portugal Tavira Portugal
Apartment/Flat 75,000 1 17,500,000 17,500,000 165,000 132,000
House/Villa 79,950 49 17,500,000 17,500,000 315,000 315,000
Townhouse 135,000 22,500 350,000 1,250,000 206,000 223,000
Business 79,900 600 17,500,000 39,000,000 185,000 106,000
Land/Ruins 49,000 7,500 3,000,000 9,000,000 185,000 87,500
Rural 300,000 4,900 300,000 5,000,000 400,000 250,000
Other 85,000 29,000 17,500,000 17,500,000 215,000 225,000

* Calculations based on 294 properties for sale in Tavira and 15689 properties for sale in Portugal





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