 | Country: Cape Verde, Region: World , Capital city: Praia Currency: Cape Verdean Escudo , Currency Code: CVE, Population: 405163 |
Spectacular Sea-front View Brand New 2 Bedroom Apartment
Location: Santa Maria - Isla de Sal, Cape Verde
Property type: Apartment
Price: £209,950 / 245,303EUR / $352,025
Payment Plans
ALL OPTIONS HAVE A RESERVATION REQUIREMENT OF £1,700
Option 1
Full 35% payment up front (immediate 5% discount on list price), this option also carries a two year 9.4% rental guarantee (a developer furniture pack must be purchased, to ensure standardisation)
65% payment on completion
Option 2
This option carries a one year 9.4% rental guarantee* plus a furniture pack worth up to €18,000. The expected stage payment dates are as follows:
£1,700 initial reservation deposit fee
Upon contract after 120days that a further 45% payment is made
The remaining 55% payment on completion.
Interest rates available between 6-10% pa
Compensation until completion - entirely free and returnable interest.
Option 3
Date Payment
30 days from promissory contract £1,700 less reservation
120 days 25%
3 six month interval payments of 20%
Completion 40%. The balance of 15% is completely written off.
This option carries a one year 9.4% rental guarantee* plus a furniture pack worth up to €18,000.
The expected stage payment dates are as follows;
Stage Date Payment
Promissory contract 25%,35%,45% less reservation (120 days
after contract is signed)
Start of build Est. Sept 2008
1. Ground works Est. Mar 2009 20%
2. Foundations Est. July 2009 20%
3. Roof level Est. Sep 2010 20%
4. Completion Est. Apr-Jun 2011 10%
Mortgages available on option 1, 2 & 3 through Banis Bank. Subject to status.
* Conditions apply. Unit must be made available to developer during period of rental guarantee. 5 weeks’ fully inclusive owner’s usage per annum (2 peak & 3 off-peak)
Payments into solicitors’ escrow account.
Specifications
CAT H Apartment
Useful Surface 90m²/ 968sq/ ft
Built up Surface 105.64m² / 1130sq/ ft
Terrace Surface 21.72m² / 233sq/ ft
Facilities include: 5 star, air conditioning, balcony, beach view, gym, rent guarantee scheme, sea view, spa, sports, swimming pool (communal), swimming pool (private), tennis, water sports