"A fantastic 'no hassle' investment with a complete financial package and a guaranteed rental agreement".
The development is in a superb location being only 300 meters from the beautiful beach at Santa Maria and only 700 meters from the center of town.
The beach at Santa Maria is truly spectacular with a vast white sandy beach and clear crystal turquoise water. All the unsold apartments have a generous area ranging between 79m2 to 127m2 and all with 2 bedrooms. The development is on three floors (ground, first, second floor) and all apartments also have their own balconies which overlook the pool. The south facing 2nd floor also boasts beach and sea views.
Picture: previous development (featured on 'A Place in the Sun' on Channel 4)
Each apartment block boasts its own pool and solarium area. The picture above shows an existing development in the town of Santa Maria.
The financial package is very attractive.
Prices in Santa Maria are rising month on month - reserve an apartment now at today's prices for a deposit sum of Euro 2,000.
The deposit must be accompanied by a signed 'Offer to Purchase' . At this stage the apartment will be blocked from sale.
Within 10 days, you will need to sign a contract with the vendor and pay 20% of the cost. The remaining sum owed can then be paid in up to 4 equal payments over a period of up to 18 months.
Clients paying over a short timeframe can become eligible for a discount on the purchase price.
After the apartment is completed and you are given the keys, at this time, the developer offers a leaseback type deal which is fully flexible.
You can sign a 1 year contract to allow the company to rent out your apartment (renewable yearly based on competitive market rates). You can, however, specify how much of the year you want to reserve for your own personal use.
The company will pay you up to 5% net return on your investment (cost of property). This is obviously pro-rated depending on the number of weeks / months you reserve for your own personal use.
You will also receive a discount card which entitles them to discounts with various partner company products.
The Moradias complex also boasts a magnificent Aqua Park.
The Aqua-park will be complete within 3 years and will have a host of activities available including:
All apartments come completely furnished with everything included. It has:
These interior photos represent the finish that you can expect for your apartment.
You will have the option to decline the furniture package. If you choose to decline the furniture package, then approx Euro 9,000 can be deducted from the cost of the apartment.
Basically just bring your clothes!
Maintenance will be guaranteed by the developer who will employ a recognized maintenance firm to administer all aspects of maintenance, including:
Phase 1 - 2nd floor nearing completion and should be completed within 3 months.
Djadsal Moradias & Aqua Park The developer is well known as a major player with huge potential, and is proud to present its latest development as a project that withholds it's high standards of quality, tranquility, safety and above all, is a very sound financial investment.
The company offers an excellent credit deal. The opportunity of flexible payments further enables our clients to fulfill the dream to have a house overseas and/or a holiday home.
Djadsal Moradias & Aqua Park will be also available as an all inclusive package for vacation breaks; Clients, apartments owners, who wish may request the company's services to do the apartment management will receive a fixed rent (upto 5% NET depending on the amount of the investment).
The apartments come very well furnished, with paintings on the wall, TV set, microwave, fridge, bathroom towels, bedroom sheets, fully equipped kitchen and we're also open to client requests.
* Terms and conditions may vary subject to contract
To view current Prices of this development click here (Please note this is a excel document)
Contact us
To contact us with any queries regarding this development. Please Contact Us now !! we will be happy to help you make your dream a reality!
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