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Portugal – Vilamoura
fully furnished 1, 2 & 3 bedroom apts. - 5 star Vila Sol Spa & Golf Resort bank guaranteed rental – 85% finance – 4 weeks FREE usage P/A – from €301.320
 Portugal – Vilamoura  -  fully furnished 1, 2 & 3 bedroom apts. - 5 star Vila Sol Spa & Golf Resort  bank guaranteed rental – 85% finance – 4 weeks FREE usage P/A – from €301.320
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property details - Central Algarve- Vilamoura

Reference: PPMPINEHILLS
Price(GBP): From: 255218 To: 486017
Bedroom(s):
Bathroom(s):
Garden:Communal
Air-Conditioning:Yes
Garage:Yes
Property Size: 92m2 - 155m2 + terraces & solarium
Plot Size:
Roof Terrace:Yes
Close To Amenities:Yes
Golf Nearby:Yes
Vilamoura – Central Algarve – Portugal



Located in one of the most sought after areas of the Algarve - quality new construction – ‘key ready’ – bank guaranteed rental income - property management by Pestana Hotels – 4 weeks FREE personal usage each year - ideal self-funding holiday home and investment



• A choice of 1, 2 & 3 bedroom apartments with 1 or 2 bathrooms arranged on 3 floors and offering internal sizes of between 92m2 and 155m2 with terraces from 27m2 to 106m2 plus roof terraces from 85m2 to 98m2 for the top floor apartments
• Located on the gated 5 star Vila Sol Spa & Golf Resort
• Fully furnished to a luxurious quality
• Prices include garage and storage room
• Up to 45 % discount of original price
• 85% (level to value)mortgage
• 6% bank guaranteed rental income per year
• Pestana Hotel projected rental income of 5 to 9% per annum
• Established rental location
• Freehold
• 4 weeks FREE personal usage each year
• 40% discount on numerous top-class golf courses
• Many additional benefits and concessions


Costs based on a 2 bedroom example priced at €385.020 (123m2 plus 40m2 terrace)

• Purchase price - €385.020
• Property valued at 7% above purchase price - €414.000
• 85% mortgage based on valuation - €351.900
• 8% deposit required - €33.120
• 7% Closing costs - €28.980
• 2% purchase & finance administration fee - €8.280
• Total cash required - €70.380



Development features

The Residence is a newly constructed resort in an exclusive, gated Urbanization located in the 5* Vila Sol Spa & Golf Resort. Pine Hills offer 55 luxury 1, 2, and 3 bedroom apartments built to the highest standard with top quality materials. Buy one of these luxury properties that come fully furnished to a top specification and enter into a Management contract with Portugal's leading hotel operator...Pestana Hotels. They will be responsible for the upkeep, maintenance, marketing and management of rentals in your property generating you as the owner an exceptional return on your investment.

This really is a self financing, cash positive, hassle free investment that creates the opportunity for you to own and holiday in a top quality property in a very desirable location.



For further information on this property for sale contact us here.
For further information on this property or other investment properties call us on 0161 351 2160

Note: Whilst we endeavour to ensure that the information on this site is accurate, complete and up-to-date, we cannot guarantee that. We are not responsible for fluctuating currency markets, which may affect the property prices. Property prices are subject to change without prior notice. We strongly recommend that you engage the services of an English speaking independent lawyer in all transactions.

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