Overview
FANTASTIC LOCATION - CLOSE TO SANTA MARIA BEACH AND CLOSE TO THE TOWN AND RESTAURANTS IN THE TOWN OF SANTA MARIA! AMAZING INVESTMENT OPPORTUNITY - APARTMENTS FROM JUST €59,400!
Detailed information
Vila do Atlantico is a self sufficient, village resort located just 50m from Santa Maria's famous beach, where you can enjoy a relaxing atmosphere away from the main streets.
All of the 530 apartments will have spectacular views of the sea, swimming pools and gardens. Apartments will have either private gardens or verandas and terraces (sizes of which vary across the studios, one, two and three bedroom properties). The apartments will have fully equipped kitchens and bathrooms and there will be garages and storage facilities available for all.
Vila do Atlantico is built on a plon of 26.000 square meters, only 53% of the land will be used for buildings, while the rest will be gardens, huge swimming pools and socila places.
CONSTRUCTION AND DELIVERY
Construction will be split over three phases;
Phase one will commence between October and December 2007
Phases two and three will complete within a six month delay of each completion.
PRODUCT MIX AND PRICES
Studio apartment 28 sqm from €59,400
one bedroom apartment 42 sqm €80,100
two bedroom apartment 59 sqm €103,500
3 bedroom apartments POA
PAYMENT TERMS
The standard payment terms are as follows:
€5,000 Deposit
30% of the unit price upon foundations
20% of the unit price upon construction of the roof
20% of the unit price upon installation of electrical equipment
20% of the unit price upon setting of windows and doors
10% of the unit price upon delivery or deeds.
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