Annual return on investment guaranteed 5% for 3 years. ONE BED APARTMENTS IN STUNNING LOCATION.
One bed view options:
Garden Level with Large Terrace from € 250.000 - € 450.000
Swimming Pool Vista from € 390.000 – € 455.000
Sea Views from €500.000
** NEW OPPORTUNITY ** FULLY REFURBISHED ** PROPERTY INVESTMENT PRODUCT ** READY SUMMER 2019
The Formosa Park Hotel Apartments consist of 61 luxury apartments, a combination of one and two bedrooms, with living areas from 67sqm to 135sqm. This new concept is set up as a "Boutique" Apartment arrangement - all within EASY Walking Access To Ancao BEACH. They also uniquely have Special GOLF Entitlements as part of the JJW Hotels Group on 2 local courses (Pinheiros Altos and San Lorenzo).
These great Apartments have a choice of views, to the sea, the pool area and the mature pine trees and gardens at different entry level points.
All the apartments will have been REFURBISHED by Summer 2019, fully equipped & furnished, modern & luxurious with large interior & exterior spaces. There will be additional communal terraces each embracing a theme Air, Fire, Water, Garden. Stunning Views from all locations.
The onsite Resort facilities will include a spa, restaurant & bar, swimming pools, a children's playground, garden, 24hr reception, golf shuttle and privileged access Golf rates to San Lorenzo and Pinheiros Altos courses.
Works will start at the end of Summer 2018 to have everything fully functioning in the Summer of 2019.
During the guaranteed period, the purchaser can use 15 days per year*, subject to reservation done 2 months before and to availability.
*Period between the 15th June and 15th September is excluded from personal use.
The opportunity to own a luxury apartment in Formosa Park is an ideal investment for : obtaining a residence visa in the Schengen area (Golden Visa) or for the NHR (Non-Habitual Residency status) tax regime, or as a holiday home, or as a simple capital investment in real estate in a prime location.
This is the only guaranteed Rental Income product currently available in the Golden Triangle. Low Running Costs.
The purchasing process :
1) Reservation €10.000
2) Promissory Contracts 25% less €10.000
3) Interim Payment 25%, 6 months after Promissory Contracts
4) Balance of 50% with Keys
Let Me Help You With Your Property Search!