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Spacious 4 bed townhouses with sea views ZERO DEPOSIT OPTION EXCELLENT INVESTMENT [ SOLD ]  Region: Faro - Costa Azul  Price: EUR € 405 238  Bedrooms: 4  Property Type: Town House  Development State: Developed

Features: Pool, Parking, Terrace / Deck, Pets Allowed Amenities: Shops, Bars & Restaurants, Near beach resort, Near the Sea, In vacation place, In fishing area, Near a golf course, Gymnasium, Sea View, Near Spa Resort, Nightclubs / Casinos, By the Sea, In Village, Sauna, Jaccuzi, Garage, Near City Description:
Terracos Do Castelo townhouses offer a fantastic opportunity for both investor and lifestyle clients. Offered for sale with a discount of at least 15 % below actual bank valuation.

Ideally located on Portugals Blue Coast, only 30 minutes from Lisbon. Built on a hillside, all the townhouses enjoy panoramic sea views over the town, harbour and sea beyond. The beach is about 10 minutes walk away. The Costa Azul is one of Portugals most beautiful areas, undiscovered and unspoilt with a very strong cultural heritage.

The secluded bay of Sesimba is lapped by the light blue Atlantic Ocean and surrounded by beautiful countryside and National Parks. Its ancestral tradition is a fishing port with its original harbour providing a superb setting and a super selection of fresh fish for the exquisite local tapas bars and restaurants.

FINANCIAL

The open market value/actual bank valuation of each townhouse is from €476,750 and we have negotiated a discount purchase price for our clients of just €405,238, a saving of over €70,000. This represents a fantastic saving for lifestyle clients but the news is even better for investors:

In effect, these properties can be purchased with ZERO CAPITAL INVESTMENT. Our clients will be required to pay just the purchase price of €405,238 and the IMT Purchase Tax of €24,095 making a total of €429,333. The vendor will pay all the remaining costs.

We have arranged 90% loan to value mortgages giving you a mortgage, if required, of €429,075 which bar a couple of hundred euros covers evrything which is required.

To secure a mortgage, you need to deposit €10,000 euros in an account in the lending bank in your name which can be withdrawn any time from completion meaning you have zero capital invested. Interest rates will be from 0.25% to 1.5% above Euribor.

The purchase price includes a furniture pack worth over €21,000.
JUST 15 UNITS AVAILABLE IN THIS ONE-OFF CLEARANCE!

Rental Options are available upon request. Rental and Management contract signed.

The accommodation extends to 220m2 and offers 4 bedrooms, 4 bathrooms, a spacious lounge and aq luxury fitted kitchen with Zanussi appliances.

Features include: Stunning Sea Views, Burglay Alarm System, Full Central Heating and Air-Conditioning, communal pool, gymnasium, sauna, and fully equipped to the highest standard.

FOR FURTHER INFORMATION, TO RESERVE A UNIT OR ARRANGE TO COME OVER TO HAVE A LOOK, PLEASE CONTACT US AS SOON AS POSSIBLE TO AVOID DISAPPOINTMENT

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