Flat for sale
£56,900
Sal, Santa Maria, Cape Verde Property ID: 40755608
Property description
Fees.
Annual IUP approx 400Euros.
Annual condo fees/services charges approx 2700 Euros.
Lawyers fees based on a purchase price of 65,000 Euros = approx 2500 Euros.
Deposit to reserve 5% 3250 Euros.
Potential investment/returns
Long term rental
Gross income approx 400 - 450 Euros per month.
Holiday rentals
Based on approx 20 weeks per year, gross income of around 300-400E per week.
Nett costs deduct approx 30% on above gross figures.
Electric costs approx 155 cents per kwh.
Water costs approx 300 cents per m3
All prices should be checked by your own lawyer.
