Villa in Lagoa

€ 95,000 For Sale

001370

Lagoa, Faro

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Description

The dream of owning a beautiful holiday or retirement home in the Algarve, with its warm climate, the unique and suberb beaches and golf courses, involves a major financial investment and its sometimes difficult to justify if the property is only used occasionally. There is an Alternative: The Four Owner Plan at the Golf & Resorts, a convenient rotating system gives each owner the opportunity to enjoy the mild climate of the Algarve throughout the year.

For a relatively small investment you become part owner of a freehold property which is yours to enjoy throughout the year on a rotating basis. With three other independent parties, you own a luxury apartment at Golf & Resorts, each quarter secured by individual title deeds. Purchasing through this well proven system considerably reduces the cost of ownership as it is split into four equal parts, each owner using the property for thirteen weeks of the year.

Villa Fracional Linked, located at the Golf Resort, overlooking the Academy and the golf course. The semi-detached villa is composed of 2 bedrooms, 3 bathrooms, living and dining room with fireplace, fully equipped kitchen, communal garden and swimming pool.

Covered area 157.20 m2
Landscaped gardens
Communal swimming pool
Fully equipped kitchen
3 bathrooms

When buying your home with us, you can take advantage of various services, such as: financial support, tax advice, personalized legal support

Tax regime for non-habitual residents
Competitive advantages:
Taxation, over a period of 10 years, at a fixed rate of 20% personal income tax, in certain circumstances, on labor income earned in Portugal;
The absence of double taxation, in the case of pension income and dependent and independent work earned abroad

Official Mortgage Partner

Portugal Mortgage Brokers

Portugal Mortgage Brokers, licensed by the Bank of Portugal, are a free independent service working with all Portuguese banks. We specialise in offering mortgage information to residents and non-residents purchasing a property in Portugal, whether it be for a main residence, secondary home, investment, construction loan or renovation loan. We act as mortgage brokers to find you the most suitable and competitive mortgage program in the market. A simulation showing all costs is provided and an affordability check is carried out before submitting, we can then reach an official approval with the bank within 2 weeks of receiving your documents.

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