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Property for sale information

 
White Sands, Santa Maria, Sal Island  
Reference nr: 2681
Description:

Welcome to White Sands
This is a chance to purchase a just completed brand new 1 bedroomed apartment in Santa Maria on the beautiful island of Sal.

Only 400m from the white sandy beach of Santa Maria, this small resort is also within walking distance of the old town, which has a variety of bars, restaurants and shops.

Consisting of 31 large apartments, including eight one-bedroom penthouses all units have air-conditioning, modern fitted kitchens, wardrobes and appliances, as standard. This is the only unit left on the development, which is now available to purchase at an amazing price.

Property Design
A four story structure, the building has quite a unique design consisting of a mix of stone and plain cream walls. Most apartments also have large balconies, with the ground floor units enjoying spacious gardens and development facilities include a communal swimming pool. This particular unit is 36.3sq m in size and enjoys a 3.1 sqm veranda for al fresco living. As the unit is completed there are no stage payments to enter into and it is ready to rent out straight away once it is furnished.

Mortgages are available up to 85% of the purchase price meaning a very low downpayment of €10,950 or approximately £7400.00. A Good quality furniture pack for a one bedroom apartment which can be viewed in the UK is €6749.00.

The apartment will rent out for around €450.00 per week short term rental and with the amazing rental demand in the area will more than cover its costs allowing the purchaser to enjoy worry free ownership and amazing capital uplift.

This apartment wont be around long so please telephone Adrian on 0161 482 7544 to take advantage of this fantastic offer.

Bedrooms: Bathrooms: Price (€):
1 1 73,000
Features:
Submission Date:
06-10-2008
Price: € 73,000
Mortgage & ROI calculators »
Type: Apartment
Country: Cape Verde
Sal
 
 
 
 
 
Advertiser Details:


Name:
Martin Sadler

Company:
Assetz

Phone:
+44 161 456 4000
Fax:

Mobile:


View Advertiser details »


 
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Calculators

 
Property price: €73,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations