Vilamoura -Project for luxury condo development (MD8986906)
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Development opportunity ! Plot of land at a opportunistic price in Vilamoura to build closed condominium of 20 townhouses or 30 apartments with tennis cort ,swimming pool and green comunal areas . Purchase price per unit /townhouse (land ) = 55 000 euros x 20= 1 100 000 euros Residential property construction costs* in Portugal on average are among the lowest in southern Europe. Cost of construction within the Project is set at EUR 900/ sqm. The cost of residential construction in Portugal is one of the lowest among the countries of southern Europe: medium/high segment: EUR 560 – 680/sqm; high segment: EUR 950 – 1 230/sqm; Medium projected GDV per unit /townhouse based on current market reseach of sold townhouses in the same area =300 000 euros medium projected GDV per apartment from 180 000 eur to 280 000 euros (depending on quality of finishings ) Exellent ratio between projected capital value price and land purchase price! Great opportunity to enter a booming Vilamoura property market . Vilamoura is growing privately owned Resort boasting award winning Marina, five world-renowned Champion Golf courses , finest beaches in Europe ,Equestrian Center . Area :1,700 hectares. 2.5 km's of beach. 500,000 visitors per year. 44.5 hectares of green areas. 25.7 km of cycle paths 10,000 permanent residents 825 berth marina 90 golf holes. 20 km from airport International College Data from the American real estate CBRE Group shows that investment in Portuguese real estate totalled €972 million in the first half of 2015 - a figure way in excess of the €847 million invested in the whole of 2014 Contact us for an appointment !
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Neighborhood
Tourism 17 landmarks in the vicinity
Leisure 7 landmarks in the vicinity
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Tourism
The Old Village Vila... Hotel ~ 0,000 km
The Residences At Vi... Hotel ~ 0,000 km
Eden Village Hotel ~ 0,034 km
oasis village studio... Hotel ~ 0,115 km
Prado do Golf Hotel ~ 0,132 km
Pe Do Lago Hotel ~ 0,132 km
Parque Mourabel Hotel ~ 0,144 km
Parque Mourabel, Oas... Hotel ~ 0,144 km
Apartamentos Mar Sol... Hotel ~ 0,239 km
Parque Das Amendoeir... Hotel ~ 0,258 km
Apartamentos Monteve... Hotel ~ 0,487 km
Interpass Zarco Apar... Hotel ~ 0,589 km
Prado do Golf Hotel ~ 0,715 km
Prado Villas Hotel ~ 0,715 km
Mouragolf Village Hotel on Avenida do Parque, Volta do Faisão Apartado 545 ~ 0,862 km
Tivoli Victoria & Th... Hotel ~ 0,968 km
Apartamentos Mar Bel... Hotel ~ 0,977 km
Leisure
- Park ~ 0,284 km
- Park ~ 0,287 km
- Park ~ 0,304 km
- Park ~ 0,316 km
- Park ~ 0,688 km
- Park ~ 0,798 km
- Other ~ 0,984 km
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Point Homes (Real Estate Agent & Developer) from Portugal
About Point Homes
Specialising in hot property deals in Central Algarve, apartment complexes in prestigiose áreas, villas, hotels, projects. Full legal support for Golden Residence Permit as well from experienced lawer office. Non habitual Resident Tax Regime -Tax advantages for retirement in Portugal