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Sands Beach Villas

Agency: Blue Horizons

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Price:  Euros 99000 (Currency Converter)

Agent Reference: 1867
Property Types: Apartment
Price Range: 99000 - 539000
Region/State: Costa Teguise
Country: Canary Islands
Beds: 0 - 3
Baths: 1 - 3
 

Status: For Sale


Full Description: We are delighted to present an outstanding development of luxury waterfront villas
at Sands Beach Villas Resort.
Development Information: Perfectly located on the southeastern coast of Lanzarote, arguably the most elegant of the Canary Islands, these properties are highly desirable and sought after - some of the villas are actually on the resort’s private sandy beach!

Only a 20 minute drive from Arrecife airport, Sands Beach Villas Resort is an ideal
location for the holiday home and an extremely attractive rental proposition.

Some of the distinguishing features that make this development so unique include:
The lagoon style private sandy beach curves in a semi circle and shelves gently and
safely - perfect for swimmers, no roads to cross - once checked in at reception there
are no roads or traffic to contend with, The resort has its own private access to the
illuminated Promenade so you can walk along the sea coast into bustling Costa
Teguise in the evening without ever having to cross a road and Owners have exclusive
Owners’ Privileges not available to rental guests of the resort.

Guranteed rental yield is currently 8% [of the sale price less cost of furniture pack] for 1 year and thereafter 40% of the rental pool. With occupancy levels at an average of 75% (ish) year round, owners may well see a long term return higher than the 8% guaranteed in year 1.

The cost of the furniture pack (included in the price list) is €10,000.

Payment Structure:

Reservation fee: €2,000

Installment: 5%

Completion: 95%

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Property is Subject to Availability


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