House / Home in Funchal > Regiao Autonoma Da Madeira > Portugal - Ref 598220
|
For more information please fill out the quick enquiry form 
|
Property No Longer Available
This property has either been sold or removed from Propertyshowrooms.com.
Here are links to some very similar properties
|
House/Villa Description
Knight Knox are proud to present this fabulous opportunity to invest in a world class project with incredibly attractive terms:The properties are spectacular!!!Each comes with an en-suite bathroom, the two and three beds also come with their own private veranda. The development itself has been expertly sculpted into the surrounding landscape with the apartments designed to make maximum use of natural light. The position of the resort allows the inhabitant exquisite 180 degree sea views from Funchal Bay to Camara Do Lobos. The apartments come with full air-conditioning, underground parking spaces, excellent management services and security systems.
Knight Knox are proud to present this fabulous opportunity to invest in a world class project with incredibly attractive terms
The developer will gift a 13% deposit on every purchase; this enables Azulara to be purchased from as little as â?¬ 5,031
The following example is for a typical 2 bedroom apartment.
Price â?¬ 281,634
Mortgage (85%) â?¬ 239,388
Gift (13%) â?¬ 36,612
Client to Pay (2%) â?¬ 5,633
Up to 85% LTV mortgages are available
Interest only mortgages are on offer during construction and for 5 years after transfer of deeds.
Post completion mortgages are currently charged at 0.9% over Euribor (Currently 1.50%)
According to government statistics, occupancy levels average 90% and excellent rental income is expected.
Conservative net yields of 9.7% are expected on typical 2 bedroom apartments.
The properties are spectacular!!!
Each comes with an en-suite bathroom, the two and three beds also come with their own private veranda. The development itself has been expertly sculpted into the surrounding landscape with the apartments designed to make maximum use of natural light. The position of the resort allows the inhabitant exquisite 180 degree sea views from Funchal Bay to Camara Do Lobos. The apartments come with full air-conditioning, underground parking spaces, excellent management services and security systems.
Amenities:
Concierge
Heated outdoor pool
Spa, Gym and Jacuzzi
Restaurant and Bar
Supermarket
Ownerâ??s Club
24 hour security
Underground parking spaces
Wireless internet access
With its fantastic year round climate, world class wine and food and a host of outdoor recreational activities such as golf, surfing, walking and deep sea fishing, Madeira is a fantastic location for investment. With its prime location, luxurious facilities and finishes, Azulara is set to be the premier resort development on the island. There are only 30 units available with this low cash down offer so the project is expected to be extremely popular.
To request further details please use the Contact Us link below.
To view more properties from Knight Knox International click the 'More Properties' link below.
Like this? Then share with your friends and colleagues!
|
€197,833 | £165,517 | US$262,881 (Currency and Foreign Exchange services supplied by  )
|
|
| Type |
House / Home |
| Bedrooms |
1 |
| Category |
Re-Sale |
| Listed |
over 1 year ago |
|
|
|
|
Map of Funchal, Regiao Autonoma da Madeira, Portugal
Real Estate Agent Listing this Property
Towns located close to Funchal, Portugal
Similar Properties in or near Funchal
| . |
|
|
|
| . |
|
|
|
| . |
|
|
|
|
Price: £165,517
Latest Property News in Portugal
|
Price of Property in Funchal, Portugal
| (All prices in EUR) |
Funchal |
Funchal |
Funchal |
| Apartment/Flat |
91,439 |
1 |
91,439 |
17,500,000 |
- |
132,000 |
| House/Villa |
105,000 |
49 |
1,950,000 |
17,500,000 |
1,350,000 |
315,000 |
| Land/Ruins |
295,000 |
7,500 |
295,000 |
9,000,000 |
295,000 |
87,500 |
| Rural |
600,000 |
4,900 |
1,500,000 |
5,000,000 |
- |
250,000 |
| Finca |
1,250,000 |
40,000 |
2,300,000 |
6,500,000 |
- |
- |
* Calculations based on 32 properties for sale in Funchal and 11897 properties for sale in Portugal |
|
Similar archived properties for sale in Funchal, Regiao Autonoma da Madeira, Portugal?
Here are some similar archived properties:
|
|
|
Subscribe to the Property Bulletin
