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| Alvor Village, Algarve, Portugal |
From €172,250 (£133,319) |
| Alvor Village, Algarve, Portugal |
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| Property Description |
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70 fully fitted 1 and 2 bedroom apartments and penthouses |
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Purchase terms: 5% cash deposit, 10% developer discount, 85% mortgage (subject to status |
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10 year rental return of an average 6% per annum based on 60% occupancy
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Exempt from IMT tax, saving over ¤6,000, and also from IMI Tax (Council Tax) for 7 years. Stamp duty is only ¤6 per ¤1,000
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Mortgage costs covered by rental income based on minimum 60% occupancy rate. Average occupancy rate in the area is 67% - 80% per annum |
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Up to two months personal usage available to owners in off-peak season for payment of nominal cleaning charge of ¤10 per day and a 25% rental discount for bookings during the peak season |
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Property secured for only 5% refundable reservation fee. This is applied to payment of closing costs and fees on completion of purchase |
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0845 370 1111
