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Fadesa Apartments - Currently Selling AP-2
Located near the golf clubhouse Situated around the golf course Landscape gardens and communal pool Completing Sep 07 (released June 05) 1 bedroom from £66,233 - £73,128 2 bedrooms from £108,324 - £118,735 3 bedrooms from £131,012 2 bed penthouses from £95,348
Payment structure
15% on contract 25% equal payments throughout build 60% on completion
Fadesa Villas
V3 from £190,170 - £352,162 Plots up to 1,000m2 Most front and second line to golf Large roof top terraces Complete June 07
Oasis Beach & Golf Resort (Superior exclusive)
Consists of apartments, town homes, villas, set amidst golf course and landscaped gardens with communal pool and gardens. Residents have exclusive access to Oasis beach club. Front line to Golf course, 500m to beach and small park land behind Oasis with lakes, woods and childrens play area. Whole resort completed by December 2007. On site maintenance and check in facilities
Gardens Apartments Block 1 6
Fully furnish with air-con Landscape gardens communal pool and clubhouse Short walk to beach and marina 1 bed from £75,500 2 bed from £101,420 Completion Dec 08
Townhouses
Fully furnished with air-con Private solariums and patios Shared pools 2 bed - £159, 223 3 bed from £169,271 Complete Dec 08
Villas
Fully Furnished with air con Private solariums and patios Private plunge pools 2 beds from £206,223 3 beds from £234,680 4 beds from £290,663
Payment Structure - Oasis Beach & Golf Resort
20% on contract 10% on Build (around 6 months after 1st payment) 10% at concrete structure 60% on completion
Total closing costs approx 5%
Stamp duty 0.5% Legal Fees 1% Notary Fees 0.5% Land registry 1.5 to 2%
Property tax 14% (this is already included in our price) Capital gains 20% -10% after owning property for 5 years & exempt after 10 years. No income tax or council tax on this site for 5 years Mortgage up to 60% (23 years up to 63 years Old) Capital repayment 5.5% 6.5% fixed rate
Projected Rental Returns
2 bedroom apartment: High season 500 pw 3 Bedroom apartment: High season 600 pw Approx return of 10% per annum from 2nd year
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