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Edificio Da Nora The development consists of 33 two and three bedroom apartments, all with large balconies and barbecues offering the perfect opportunity to buy property for sale in Portugal. The penthouses have staircases leading to beautiful large open terraces that would grace any apartment in any country. The building is fully secure with the latest video security and as you enter you can look up to the lush blue skies through the open roof with the lobby bearing a unique central covered tropical garden boasting palm trees and banana trees giving you a calming and tranquil atmosphere as you walk in the development.
Edificio Da Nora is a truly sophisticated apartment block that fits in perfectly with the lifestyle and sophistication of Lagos.
Location Situated in the heart of Lagos, close to all amenities, shops, cafes, bars and even within easy walking distance of the coastline, beach and marina. Construction Schedule Due for completion September 2007. Facilities And Maintenance • Health Club with heated indoor swimming pool, sauna, Jacuzzi, Steam room and Gymnasium
• Communal residents room, perfect for meetings and or parties
• Children's play area
• Elevators
• Communal garage with assigned parking
Payment Terms The development is due to be completed by the end of September 2007 so the sale is a complete one at this date, up until then the payment plan is 30% on signing and 70% on completion, however we have arranged an amazing finance package and finance is one of the beauties in buying in Portugal.
ADVANTAGES OF FINANCE IN PORTUGAL...
• One of the lowest interest rates in the world
• Loan to value of 80% on all stage payments
• Bank Valuation guaranteed at least 10% higher than purchase price
• Generous lending criteria
• Sustained and proven rental market to offset against repayments
All this means that on a 2 bed apartment bought at €235,000 your cash deposit on a 30-70 payment scheme would be just €14,100.
Your total cash outlay would be (including all purchase and buying costs) would be €45,825 (approx £31,500).
Please ask for breakdowns on any unit. About the Immediate Vicinity To the beach: 5 minutes drive
To the nearest supermarket: 5 minute drive
To the nearest golf course:
+ Penina (3 courses), 1 is championship and quite famous as designed by Sir Henry Cotton - 2 minutes drive.
+ Alto Golf and Leisure club - 5 minutes drive
There are 17 courses in total in the Algarve with 3 more expected in Lagos in the next few years
Distance to Airport: 40 minutes from Faro.
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