Beachfront Apartment Property For Sale, Obidos, Portugal

Development Property

Status
Available
Location
Obidos
Property Type
Apartment
Price
EUR 466,000
(GBP 370,576
USD 590,003)
Monthly (est.)
see assumptions
£ 2,259.68
Location Type
Beach or Coast, Beachfront, Golf, Holiday Resort
Bedrooms
2
Bathrooms
1
Pool
Shared Pool
OPC Reference
PRA013

Investment Details

Investment Type
Guaranteed yield
Minimum Investment
EUR 466000
Guaranteed Yield Rate
5%
Beachfront Apartment Property For Sale, Obidos, Portugal
1
2
3

2 Bedroom apartment property for sale in  The Beach Front at Praia D'el Rey Resort.  These luxury two 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)

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.

Development

The Beach Front at Praia d'el Rey, Portugal

Facilities near this development

Parks & Gardens, Car Parking, Golf driving-range, Golf course, Swimming Pools, Childrens Playgrounds, Outdoor activities, Beach / Coast, Bars & Nightclubs, Restaurants, Cafe & eateries, Hotel, Shopping centre, Other

Facilities in this property

Car Parking, Furnished, Communal swimming pool

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