Showing Property in Southern Portugal
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Ref 12325 : Offering 195 luxurious T1 (off-plan) T1 apartments on the First Wellness Resort
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Location: Monchique
Price: €200,000
Bedrooms: 1
Baths: 1
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Type: Home
Status: Active
Plot Area: 0
Living Area: 60
Distance to Beach: 24 Km
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Full Description: This luxurious Wellness Resort is nestled in a green forest area located in the wellknown Monchique mountains. All apartments are of high standard and very luxurious offering the owner all the comfort that you can possibly wish for. Owners of apartment units will be able to enjoy all the Resort has to offer such as SPA, fitness room, indoor and outdoor pool, games room, cinema room, cyber café and a series of indoor and outdoor activities. Each apartment unit consists of an open plan luxurious fully fitted kitchen, bathroom with bath and suspended toiletry, living room with private balcony (optional) and garden (optional) and a good size double bedroom with fitted wardrobes. Surrounded by tall double glazed windows each apartment enjoys great coastal views and mountain views. The complex offers also underground parking facilities, underground walk-ways and lovely manicured and mature communal gardens. Furniture and equipment packages are priced at Euro 11.500 + VAT. It is also optional to acquire a private garden terrace between Euro 9.000 and 13.000 each. The Condominium offers the buyer a 5% Rental Guarantee over the first 3 years with a projected 6.5% - 7.5% annual return from the 3rd year of Tourist operation onwards. Bank Guarantee up to 80% financing possibilities (subject to status). This is a unique purchase opportunity to enjoy a perfect property in a absolute stunning environment close to all amenities and transport. Completion of construction by July 2009!
Covered area: ranging from 60.2 m2 - 88.4 m2
Prices:ranging from Euro 200,000 - 342,000
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