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1/4 shares, 4 bed villa, Porches, Algarve, Portugal

Username   Guido Age of sharer 50-something From Laranjeiro, Moncarapacho, Portugal Wants to share Fractional Ownership - Europe A perfect deal for golfers, centrally located near many golf courses. Just not within a golf course, with high maintenance cost. Located near Porches, placed on an easily accessible area, distant from heavily populated zones and only a few minutes away of the beaches (5 minutes to Praia Sra. da Rocha), golf courses, leisure facilities, commerce and services and the international school in Porches. 3 of the 4 Portuguese style Villas T3 +, are under construction. The first casa A is finished and ready to be sold, we are anticipating the the issuing of the habitation lisense, shortly. Four plots ranging from 1082 to 1490 square meters. The Villas consist of a very generous garage/basement of 178 square meters. Enough to park 5 cars, or you name your hobby which you never had enough room for. The first floor connects the entrance with a staircase that leads to the upper floor and basement/garage. There is a welcoming flow into the dinning room, which is kept open to the living room with the kitchen adjacent. One bedroom en-suite with fitted wardrobe and storage area, one office/bedroom, guest bathroom, fully fitted kitchen, spacious dinning/living room facing a terrace overlooking the pool and garden. The second floor has 2 independent bedrooms en-suite , with fitted wardrobe and large covered terraces facing south, separated by a TV/lounge-room. Heating will be accomplished by natural stone heating system. Irrigation system for garden. Pre-installation for air-conditioning and solar panels. Villa for sale. We are looking for 4 owners to participate in joined ownership of mentioned property. All sales will include a registration with the conservatory with the same requirements and obligation as would be for a single owner. This property is presently valuated by an independend architect at 645.000€. We are asking 160,000€ per share. The sale price will cover all the obligations that are listed in the land registry, and you will own the property free and clear. The ownership will have 13 weeks per year on a rotating system to be fair to all parties. Our idea is 4 blocks per year. Trades will be possible if parties agree on the terms. We are offering a managment/ maintenance service, details and price to be defined with the services required by the owners. We will furnish and equip the villa, set to high standard. We will install airconditioning, heating system, TV, telephone, internet etc. Great deal for a new, more flexible future; share the purchase price and all the costs by 4 and enjoy your own villa 3 months out of the year. Other advantage: You can use your time for your self or rent it out to cover maintenance cost. We would like to remain flexible and go with the demand of the potential buyers. Located in.. Portugal,  Porches Approx total value of asset EUR 645000 The ideal sharing agreement is... Sharing agreement required Joint ownership Share available or share wanted Share available Usage of the shared asset Rotating periods Number of sharers up to 4 Price of share or max investment available EUR 160000 About the member advertising Private/Agent Private advertiser View on smoking No answer View on children No preference View on pets No pets Contact information If there is no contact information given, click Reply to ad, to register free & reply using our mailbox. Don't forget differences in time zones. Please mention yours2share in your reply.

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Ad posted  21/02/2011