TORTUGA BEACH - RESALES - Cape Verde

TORTUGA BEACH RESORT & SPA � AVAILABLE STOCK>

 

Detached ‘Type B’ Villa � Plot 81

Type B -  Built Area: 115.92m2 � Terracee: 68.58m2 � Plot � 232m2

Features: Two-Storey detached villa less than 100m from beach

Practical Completion Date   : April 2010

Construction stage:               : Advanced

List Price                                : � 489,950.000

Distressed Price                    : � 349,950.00

Deposit required                   :  45%

Completion balance             :  55% (April 2010)

Incentives:

�1.550 - £1.00 on Deposit (i.e. �157,477 / 1.5 = £1044,985)

Ex Rate benefit (versus �1.06625 -£1.00) = �42,742

Free air-con, legal services, hotel excellence furniture 

NET PRICE (After Ex rate discount) = �304,386

OPTION 3 - (85%) can be applied although the full 85% would need

to be paid on contract � We would allow the �1.50 - £1.00 Ex rate

to be applied to 45% of the 85% - with the balance of 15% written off.

OPTION 3 - WOULD NET THE PRICE TO �251,894!

(please note this is for demonstration purposes only as we assume �1.10 - £1.00 spot rate)

 

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Two Bedroom Apartment � Block 4, Type D, Apartment C0

Type D -  Built Area: 72.98m2 � Terrace: 15.65m2

Features: Close to pool and west facing

Practical Completion Date  : March 2011

Construction stage               : Advanced

List Price                                : � 170,000.00

Distressed Price                    : � 159,950.00<

Deposit required                   :  45%

Completion balance              :  55% (March 2011)

Incentives: Free legal services, Free air conditioning, free hotel excellence pack

�1.35 - £1.00 on Deposit (i.e. �71,978 / 1..3) = £53,317

Ex Rate benefit (versus �1.10-£1.00) = £65,435

Free air-con, legal services, hotel excellence furniture

NET PRICE (After Ex rate discount) = �146,620

OPTION 3 - (85%) can be applied although the full 85% would need

to be paid on contract �� We would allow the �1.35 - £1.00 Ex rate

to be applied to 45% of the 85% - with the balance of 15% written off.

OPTION 3 - WOULD NET THE PRICE TO �122,628!

(please note this is for demonstration purposes only as we assume �1.10 - £1.00 spot rate)

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Two Bedroom Apartment � Block 2, Type DD, Apartment C0

Type D -  Built Area: 72.98m2 � Terrace: 15.65m2

Features: Close to pool and west facing

Practical Completion Date  : March 2011

Construction stage               : Advanced

List Price                                : � 170,000.00

Distressed Price                    : � 159,950.00

Deposit required                   :  45%

Completion balance              :  55% (March 2011)

Incentives: Free legal services, Free air conditioning, free hotel excellence pack

�1.35 - £1.00 on Deposit (i.e. �71,978 / 1.3) = £53,317

Ex Rate benefit (versus �1.10-£1.00) = £65,435

Free air-con, legal services, hotel excellence furniture

NET PRICE (After Ex rate discount) = �146,620

OPTION 3 - (85%) can be applied although the full 85% would need

to be paid on contract � We would allow tthe �1.35 - £1.000 Ex rate

to be applied to 45% of the 85% - with the balance of 15% written off. 

OPTION 3 - WOULD NET THE PRICE TO �122,628!<

(please note this is for demonstration purposes only as we assume �1.10 - £1.00 spot rate)

ABOUT TORTUGA BEACH RESORT

 

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