Financial Information

General Information

  • With property prices here generally a third of the price of equivalent properties on the Algarve, and 20% per m² less than the local quality competition you get a lot for your money at CampoReal.
  • Properties at CampoReal are available furnished or unfurnished, built or off-plan. 
  • Prices and availability are constantly being updated.  We are happy to check these for you if you need more detail.
     

Investment Potential
Portugal's Silver Coast was chosen as the 3rd best location in Europe for property investment by Channel 4’s A Place in the Sun programme in 2006, with an expected return over 10 years of 360%.  In spite of the recent downturn property prices have not been affected in the same way as in other countries and this longer term trend is expected to hold.

Stage Payments
Finished Properties
On signing the sale and purchase promissory agreement (exchange) 15% of the value of the property is required.  The balance is then due on completion.
 
Off-Plan Properties
The initial down payment of 15% is also required for off-plan properties and prior to construction starting a further 15% down payment will be required.  The remaining 70% is then due on completion.  This means that if you buy off-plan now, most of the value of your property will not suffer as a result of poor exchange rates.
 
 
Special deals
For Buyers
Orizon Group have carefully researched property prices for CampoReal and know that the project still offers excellent value for money.  Nonetheless, prices in the new phase are being held at 2007 levels until 1 April 2010 when they will increase by 5%.
 
For Owners
Owners will receive a privilege card giving them up to 20% off many resort amenities including golf green fees and spa treatments.

Mortgage Finance
Arranging a Potuguese mortgage is surprisingly easy. Orizon has selected one of Portugal's largest banks, Millenium BCP, as its preferred mortgage broker to ensure you obtain the best possible mortgage deal together with excellent customer service.  Mortgages are available for up to 70% (sometimes 80%) of the purchase price excluding VAT and BCP will ensure that a mortgage offer is made within 3 to 4 days of applying. Competitive interest rates can be obtained with repayment terms of up to 30 years.  Millenium BCP will also set up any bank guarantees that you may require.