Santa Maria Apartments

These high value investment apartments are situated directly overlooking the quieter east end of the vast Santa Maria beach known as Antonio Sousa. This area of Santa Maria is undergoing steady development and is destined to become largely residential. This apartment is situated at the east side of what will become a public square with shops and restaurants etc. It should boast good views across the eastern coast of Sal

Type: Apartment block with 12 units over 3 stories (studios or 2 beds).

Status of ownership: Commonhold

Price range: €54,000 - €113,000

Special features: Comes with all plumbed kitchen units and bathroom fitted. Allow an extra €2000-€5000 for furnishing and tax.

Expected completion: Unconfirmed at the time of print.

Payment schedule (in Euros):

a) Holding deposit. 10% of the value of the unit (minus the Reservation Deposit)
b) 20% at Start of works
c) 30% at Roof completion
d) 30% at Internal flooring completion
e) 10% at Final completion.

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