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Overseas Taste Tests

16-08-2006

City Residential is offering investors a complimentary site visit to its very first overseas investment development.
The inspection visits are being organised to give buyers the opportunity to see first hand just how attractive the Vale de Ouro proposition is.
City Residential is offering free airport transfers to and from the site and prospective buyers are also invited to join the sales team for dinner and drinks, at the stunning Western Algarve resort.
And those who decide to purchase a property will be fully reimbursed for their flight and accommodation.
City Residential’s Lorraine Flaherty said: “Val de Ouro offers a six year investment in the market with a three year build program and a three year post completion 5.5 per cent guaranteed rental income per annum.
“If that’s not enough to tempt investors then the inspection visits in September will help prospective buyers appreciate the development from an aesthetic point of view.
“From the traditional Portuguese architecture, incorporating whitewashed exteriors and terracotta roofing to the idyllic hillside setting, this is one opportunity investors will not want to miss.”
The development comprises 97 two and three-bed village style properties. A two bed 1,526 sqft house starts from €386,000 (£261,900) and three bed 1,754 sqft starts at €451,000 (£305, 935).
Easily accessible by road, Vale de Ouro is located 15 minutes from Portugal’s historic town of Lagos and less than five minutes drive from the coastal village of Salema.

Built to high specifications, all properties feature underground heating and air conditioning and kitchens come with granite worktops and electrical appliances.

City Residential is holding site visits from 14th-15th September and 16th-17th September.
For further investment information about the Val de Ouro scheme call City Residential on 0151 231 6100