Property investment in Vilamoura, Portugal
MESPIL are excited to bring a re-finance project in a prime residential area of Vilamoura, one of the 3 corners of the prestigious Golden Triangle in the Algarve, Portugal to our investor club. MESPIL purchased this project off-market and below market value through Novo Banco in late 2017.
- 55 apartments
- 12 month refurbishment & upgrade program completed in 2018/19
- 80% apartments already sold
- 11 units to be sold (7 units deposited)
Pine Hills Vilamoura project is successfully funded.
|Investment||€ 750 000|
|Security||Second charge on property (Total LTV <30%)|
|Exit||Estimate all units sold within 12 months|
Vilamoura Real Estate Location Guide
Vilamoura is one of the largest recreation centres in Europe. The resort town is known for its natural beauty, warm climate, mineral springs and peaceful relaxation. The perfect place for seafood and wine lovers!Read the guide