Location: Madrugada is approximately 300m from the beach in Santa Maria, just 150m behind the centre of Santa Maria village.
Type: The development comprises 8 apartments (all 1 beds), 2 ground floor with outside space, four first and second floors and 2 attic apartments with terraces.
Special features: Apartments will be delivered including plummed units. Allow an extra €2000-€5000 for furnishing and tax.
Status of ownership: Common hold (you own your apartment outright and are responsible for a percentage share of the maintenance of the building).
Price range: €52,000 – 55,000
Expected completion: The construction will begin in 3-4 months. The building will be ready by the summer of 2007.
Payment schedule:
£2000 deposit (returned on receipt of first payment)
30% within 28 days of the allocation date.
30% within 15 days of communication of the completion of work on the roof.
30% within 15 days of communication of the completion of work on the flooring.
10% of the agreed price paid in Euros on the date of completion. |
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