Portugal
Lifestyle property, or pure investment, Portugal offers both.
Want to enjoy the last unspoilt region of Southern Europe? If you are looking for a property in a location that is authentically Portuguese, scattered with pretty fishing villages untouched by time, has a contrasting coastline with secluded coves & dramatic cliffs, and a rural landscape protected by national parks. The Western Algarve is where you need to look.
‘350% Capital Growth over the next 10 years’
Channel 4 ‘A Place in the Sun’ believe that Portugal is set to enjoy the 3rd highest market growth of all EU countries over the next 10 years. The Western Algarve is one of Portugal’s hottest investment regions.
MAR DE LUZ, A stunning development of 44 apartments with views directly out to the sea. This off plan development boasts the three golden rules in property - location, design & quality. We offer this carefully selected investment which also provides you with a great place to spend some time enjoying the Western Algarve! One of several unique features is the private pool & garden offered with a ground floor apartment, a luxury often reserved owners of expensive villas. 2 bed units from 307,000E and 3 bed units from 397,000E. Prop Ref MDL AP2.5
- 30% on contract, nothing further until completion (18 month’s). Excellent investment potential.
- 15-20% cheaper than comparable developments in the region.
- On completion take an interest-only mortgage up to 80% LTV. Payments approx 750E pcm (2 bed unit)
- 3.5% rental guarantee for 2 years – spread equally over 12 months in each year. Income approx 900E pcm
- Surplus generated by 80% LTV covers your furnishing, purchase costs, and third year repayments.
- Full property management/rental marketing available after 2 years. Rental yield generated in third year is profit as your mortgage surplus is already covering repayments in that year.
- 5 months winter (November to March) & 2 wks summer available to owner for further rental or personal usage.
- 10% growth per annum for 5 years returns 100%+ on investment.
(mortgage subject to status, figures for guidance only)
EXIT ROUTE : Mar de Luz Village is situated in the beautiful Dona Maria Resort which has become one of the most sought after holiday and retirement locations in Portugal. It is being constructed in the context of:
- Strict planning rules in coastal and national park areas.
- No further development within 1km of the coast.
- Limited coastline means demand set to exceed supply in 5-7 years.
- 66% increase in prices on developments in last 3 years
Location
- 45 minutes from Faro airport
- Cliff top position with excellent sea views.
- Golf - 8 fantastic courses within 20 minutes drive.
- Situated between two quaint Portuguese fishing villages (Praia Da Luz & Burgau) both offering beaches, restaurants, bars & shops within walking distance
- 6km for Lagos, for a livelier town with a marina, restaurants & bars.
- Ideal for families, golfers, couples, or retirees in the winter.
Facilities
- All ground floor apartments have a garden with space for a private pool
- 1st floor apartments have roof terrace with Jacuzzi option
- Under ground car park & storage space
- Gated community provides a safe environment for children
- Heated indoor pool, sauna, turkish bath, jacuzzi & spa facility.
- Outdoor pool & kids pool
- Large salt water swimming pool with ocean views
- Restaurant, bar & small shop
- Reception service Tarleton Property 02/2007
CAPE VERDE BEACH RESORT CVAP2
A CLOSE ENDED PROPERTY PORTFOLIO FOR THE SOPHISTICATED INVESTOR
Cape Verde .. a group of islands off the coast of Africa which gained independence from Portugal in 1975. The island of Sal is a thriving and emerging destination for investors and tourists. The Cape Verde Beach Resort presents a genuine and exciting investment opportunity for companies and individuals through a variety of options including via Self Directed Personal Pension funds (under the rules set out in the Finance Bill (2) 2006). The latter route may be of particular interest as an investment via your SIPP attracts tax relief according to your tax bracket ie a higher rate earner investing £ 60,000 will find the revenue contributing an additional £40,000.
We have FSA approved Independent Financial Advisors ready to help you take advantage of this option.
So what is the deal!!
Cape Verde Beach Resort is an off-plan 5 Star resort hotel of 800 rooms predominantly aimed at the UK Tourism Market offered through major holiday companies. Long term contracting is to a major tour operator which will generate yields/operating income.
- You invest into one of 66 equal Property Portfolios, each of which will have an initial investment value of £415,000/600,000E
- Your investment takes the form of a loan to the promoter, and the purchase of ordinary shares in one of the 66 UK Ltd companies which form the structure of the investment model. Min investment £16k.
- The principles are committed to invest a min of £4 million/6 million euros
- On the hotel becoming operational (2010) your loan is paid back to you BUT you can also release funds against your shareholding since each Property Portfolio is cautiously predicted to have a value of £1 million / 1,500,000 euros with £415,000/600,000 euro equity available. Investors will see a 100%+ gain in the 3 year period
- This is a close ended property portfolio. Your 'exit strategy' and draw down on the capital gain in your shareholding in the hotel is facilitiated by equity release against those shares. This equity release/loan is 'non-recourse' .. a safe option for you.
- You retain your shares and the ongoing rental yield pays off the equity release/loan you took. As the value of the Hotel increases, and your loan against your shares diminish you have the option of further equity release or indeed the sale of your shares.
Your financial security: The framework of this product is allowed on to the platform of providers such as IPM and Standard Life under Self Direction (SIPP’s and SSAS’s). Client’s money is held in an Escrow account. Independent lawyers control this account, only releasing money as each stage of the build is certificated. The product is covered by section 81 of the Companies Act.
For detailed information and consultation with an advisor please register your interest by mailing us quoting ref CVAP2.
Alternatively you may find one of our seminars informative and helpful. Contact us to register your interest in attending one of these events.