Latest Overseas Properties

This excellent investment opportunity consists of 50 luxury two and three bed apartments are available in the beautiful town of Elvas, Portugal. Close to the Portuguese capital Lisbon, Elvas is an old fortress town near the Spanish border.

Prices From: £89,950
Completion Date: September 2008
Capital Growth: 12%

Within its massive walls Elvas has retained much of its original Moorish character, and in and around the alleys of the old town there are still houses with elegant iron window grilles, fine archways and many picturesque squares. The town revolves around the Praça da República; on its south side stands the old 16th century town hall with a small regional museum and the tourist information centre.Most significantly for Elvas was the announcement in 28th October 2006 that Elvas had won its bid to become one of the only stopping points of the new TGV high speed train between Madrid and Lisbon (the only other town being Évora).

The complete line is scheduled to be complete in 2013 and means the journey from Elvas to Lisbon can be completed in 50 minutes, with Madrid less than two hours away.This announcement provided a huge boost to the housing market in Elvas as investors immediately spotted the potential for rental and purchase opportunities. Elvas now positions itself as a hugely attractive alternative base for those working in and around Lisbon.

The apartments are thoughtfully designed with a very high specification and finish. The kitchens are finished with granite worktops, Siemens dish washer, sinks by Rodi, taps by Roca, Vulcano boiler, gas hob, exhaust fan, electric oven. All apartments are fully air conditioned, double glazing windows and doors. Quality finish ware in bathrooms by top manufactures such as Grohe, Sanycces etcThis is a strong investment market with high capital growth and low interest rates of around 3%. With the developing infrastructure (TGV high speed train) there has never been a better time to invest in Elvas.

This is not a holiday let investment - it is exclusively targeted to the local Portuguese market. Which is a better model for investment as it is let out 52 weeks of the year, avoiding all the complications that come with holiday lets.

Overseas Investment Plan:

• Finders/administration fee (see FAQ page)
• 20% deposit required to exchange contracts
• 60 units in this development

If you are interested in this property, please click the enquiry button below and fill in your details or call one of our consultants on +44 (0) 844 873 4000