The Beach Front at Praia D'el Rey. These 53 luxury freehold two, three and four bedroom apartments and duplexes come fully furnished and with a 3-year 5% guaranteed rental yield
If clients do not wish to take advantage of the guaranteed rental package they can sell their chosen property to them unfurnished and will take 7,5% off the purchase price.
The Beachfront at Praia D’El Rey has a totally unique beach location. These properties are to be built within only 100 metres of the ocean edge and all have huge terraces and frontline sea and beach views. As you may know, beachfront construction has been prohibited in Portugal since 1994, but the planning permissions predate these changes. This is probably the very last chance to buy a new luxury beachfront property in Portugal.
Two bedroom residences start at €466,000 (including a luxury furniture package and 5% rental income p.a. for the first 3 years) and four bedroom apartments with private pools start at €1,295,000.
Clients who reserve by 15th October 2008 a 5% launch discount on the list prices.
If you would like more information about our property for sale in Portugal, or have any questions in regards to owning or buying a property in Portugal then please feel free to contact us.