8% Discount: Pre-Release Project in Porches, Algarve

June 23, 2008 - PRLog -- It’s an upmarket destination, where the price tag normally puts property ownership here out of the reach of many in the market. But a new investment scheme slashes the cash value needed to buy here, through a combination of rock bottom prices and strong mortgage finance.

The project is located in Porches, an authentic Portuguese village just to the West of Armacao de Pera, around 25 minutes from Faro Airport.

On offer are 20 2 bed, 2 bath apartments, designed in a high quality, modern style, each with a garden or a sun terrace. Most apartments will have sea views and all will have access to a huge communal pool and car parking spaces. The project has been designed by renowned architects Arquedi and the modern low-rise buildings will be complemented by fitted Italian kitchens, and a clean, linear design style that is definitely 21st century!

Algarve is also famous for its many golden sand beaches and spectacular cliff backdrops. With a large number to choose from, there will be no problem finding a personal favourite. Just a minute’s stroll down the hill is the magnificent beach of Senora de Rocha, which is overlooked by the well-known Pestana Viking Hotel & Resort. Also nearby are the spas of Vila Vita and Vila Lara, while a new 5 star resort is to be developed on a site 100m away from the development.

Algarve does not only cater for  golfers, but has plenty of other attractions such as the Marine Zoo, Big Game Fishing, Coveoerio Tennis Club, Cliff Richards Winery, Tivoli Almansor Diving Centre, a water park featuring slides and splashing, Krazy World where you can find mini golf, swimming, a petting farm, quad bikes, pony rides and a crocodile park.

E-Quity director Dan Johnson said: “It’s virtually impossible to find new build property anywhere in the Algarve at this price point. It’s extremely competitive but doesn’t compromise on quality at all. With the attractive mortgage finance on offer, this is the perfect play for a golfer looking to invest in a property on the Algarve without breaking the bank. With no new licenses being granted for developments inside 500m from the beach, the location will also ensure strong long term demand.”

Until the 6th July, it is possible to secure a unit in this project from 146,280 Euros, a discount of 8% to next month’s price rise.

To receive more information or to reserve a unit, please call 0207 952 7654.

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Notes to editors:
1.E-Quity.com is an international property broker offering well-researched investment opportunities in some of the most attractive emerging and established markets around the world.  
2.E-Quity.com was founded in 2004.
3.The website address is www.E-Quity.com
4.The office address is 45 Lafone Street, Shad Thames, London, SE1 2LX
5.If you wish to obtain quotes, images or further information, in the first instance, please contact Jude Buttle or Dan Johnson on 0207 397 5412.