LONGEVITY WELLNESS RESORT

The overall 5% Rental Guarantee over 3 years (15% in total) for investors is based on the
purchase price for the off-plan apartments, making this deal a very good investment
opportunity in an exclusive location with a solid return on investment.
Market Price 220.000 €
Exclusive Annual Rental Guarantee 5% 11.000 €
Exclusive Total Rental Guarantee (3 years) 15% 33.000 €
Special Rental Guarantee Conditions (average price)
Apartments Under this Conditions
For this exclusive investment opportunity with the presented conditions, the Longevity
Wellness Resort Monchique reserved a set of 40 apartments that represent approximately
20% of the total. All these apartments are located in a quieter area of the Resort facing the
Pateo / Garden.
Step by Step Cash-flow Requirements

• Investor buys off plan with the following down payment scheme:
• 7.500 € on Promissory Contract (cash investment);
• 30% on Promissory Contract (bank loan);
• 10% December 2008 (bank loan).
• The bank finances the 40% bridge loan with an interest rate of Euribor + 1,5% (maximum).

Therefore, throughout the entire period before deeds (about 20 months) the investor only
pays 7.500 €, legal costs and interests for the 40% bridge loan.
- The closing occurs between October and December 2009; the bank will finance up to 80%
LTV resulting from the bank evaluation. This means that the buyer will have a cash outflow
at closing (resulting from the 20% equity on the property) plus the costs associated with
property acquisition tax and furniture pack.
- The apartment is included in the Rental Pool with respective rental income - 5% rental
guarantee for the first 3 years and an estimated rental income of 6,5% to 7,5% of
acquisition price thereafter. Depending on the bank loan conditions, the cash-flow profile
will vary from buyer to buyer. Longevity can provide a sample cash-flow projection if
requested.
Longevity offers a one stop shopping experience and can take care of all the processes
related to acquisition, bank financing, reselling, etc.

Lifestyle Benefits for the Buyer

In addition to the financial benefits associated with this property investment opportunity,
there are significant lifestyle benefits available to the buyer, such as:
• Free use of the property for 4 to 12 weeks per year (having to pay only the cleaning
costs during the stay);
• Possibility to offer those owner weeks to relatives, friends, business partners,
clients, etc.;
• Possibility to exchange those owner weeks under an international exchange
programme;
• Free use of all facilities within the resort (please see page 12 for details on
facilities);
• Discounts from 10% to 20% on all the services provided within the resort;
• Free membership and access to our exclusive Longevity Club - by becoming a
member you will gain access to a range of carefully selected products & services at
special rates. These are aimed at helping you lead a full, healthy and more relaxed
way of life by providing all the courtesies, comforts and privileges that any fine
private club can offer. Whether you are visiting or living in Portugal the club is truly
meant to make your stay in Portugal the best years of your life! For more details,
please see: http://www.longevity.pt/#/exclusive-services/longevity-club/
And the buyer can benefit from all of this while Longevity is looking after his/her property
both from a maintenance as well as from a revenue generation perspective: a hassle free
approach to owning a second home in the sun!

 

 PARAÍSO DE ALBUFEIRA - BALAIA ATLÂNTICO

MANY REASONS WHY TO BUY AN APARTMENT WITH US?!

  1. A 30 % down-payment guarantees a return of $1500.00 to $3000.00 per month on the
      total of the purchase price.
  2. The return is deposited in the clients account in a monthly basis.
  3. A 30 % down-payment, permits the apartment to be paid for itself.
  4. No worries about tenants.
  5. Vacant or occupied, the revenue from the apartment always the same.
  6. If owners have a need for a bigger apartment, it can be arranged always.
  7. You can sell the apartment when you want, and to whoever you want.
  8. If you, cannot have a vacation, send your friends and/or family.
  9. If you don’t want a contract for revenue, your apartment can be used as a residence.
10. Revenue contracts are made only after the closing.
11. Bus shuttle service to the beach four time a day.
12. When on vacation, the apartment is cleaned once a day.
13. Paraíso de Albufeira’s location increases its land value every year.

PARAÍSO DE ALBUFEIRA RESORT CONDOMINIUMS FOR SALE

Condominiums for sale for either Holidays, Residence, Retirement, of for Income.

PARAÍSO DE ALBUFEIRA is a good and ideal place to invest, for its good value, safety, good weather, and for an extra monthly income.

These condominiums can be purchased for your personal use/residence after the registration the property is yours to use it at your convenience. Also it can be mortgaged through any financial institution in Portugal.

MGE Group is the contractor of the investment. This company guarantees the investments. This group has been working with this type of market for over 25 years in Portugal and has an excellent reputation.

Paraíso de Albufeira is a unique space of private condominiums with a comfortable and exclusive atmosphere designed specially for you. It can be purchased with a down payment of 30 %, and the rest can be arranged from any institution as long you qualify.

Example of purchased if invested:   C/1.55           This is a simulation for a 35 years mortgage

Purchase price                        200 000.00 €                  310 000.00 CA
30 % of down payment              60 000.00 €                    93 000.00 CA

Rental
Income Annually                           9 000.00 €                     13 950.00 CA
Income Monthly                                750.00 €                        1 162.50 CA 

                 Financing                 140 000.00 €                    217 000.00 CA

Mortgage @ 4 % of                  140 000.00 €                     217 000.00 CA     
Annually                                         5 600.00 €                          8 680.00 CA    
Monthly payment                              466.66 €                             723.33 CA    

Net Income
Income                                              750.00 €                          1 162.50 CA
Bank Expense                                  466.66 €                             723.30 CA
                                                            283.34 €                             439.20 CA

Net Profit
After Mortgage Paid
Annually                                          3 400.08 €                          5 270.40 CA
Monthly                                               283.34 €                              439.20 CA

In case of that your intention is to use it as an investment with MGE Group, there will the options of signing a contract from 1 year to 3 years.

For more information, contact us:

Fernando Martins 

Continent Azores Madeira Investments Ltd. (CAMIL)
Tel: 416 - 258 - 8104 or 416 - 588 - 2000

Fax: 416 - 645 - 2476

E-mail: This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

2000 DUNDAS ST WEST, TORONTO, ONT. M6R 1W6 CANADA