Bom Sucesso - Property














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Bom Sucesso is such a unique property proposition, there are many individual, contemporary designs brought to you by world renowned Architects. The Masterplan shows you the location within resort of these fantastic properties.

Townhouses

The townhouses are sets of houses in a single plot sharing a large garden area and swimming pool.  With a maximum of two floors, the houses are all covered in greenery and have private courtyards and a private garden area.

The Townhouses are either 1, 2 or 3 bedroom, some with covered parking or a private garage.

Villas

The Plots for the Villas range between 700sqm and 3000 sqm.  Their prices vary according to location and the architectural project to be constructed on the plot.  The villas are 3,4 and 5 bedroom, swimming pool and landscaping are optional.

Clients may purchase the plot with its architecture project without being immediately required to construct the villa.  Bom Sucesso guarantees a construction price established beforehand for all the projects comparatively very competitive.   The Villas may be acquired under a tourism regime (rental pool) or not.

Tourism Rental Regime

A Unique Investment

A range of attractive ownership options is available for purchasing properties at BOM SUCESSO. Buyers may choose the ownership profile that best suits their needs. Our collection comprises:

  • Freehold Purchase
  • Freehold Tourist Option

Our sales team is ready to provide advice with regard to the option that best suits you.

Freehold Purchase: Straightforward property purchase. You pay the full purchase price and it becomes your property to use as you wish, so you can live in it, take your holidays in it, lend it or even let it, as you choose. There is only a basic resort maintenance charge and all we ask is that you maintain your building and its surroundings in accordance with the high quality design theme of the development.

Freehold Tourist Option: These options apply, principally, to the purchase of Townhouses, and consist of the full ownership of the house, which is let for tourism during part of the year, in consideration for financial compensations and an extremely high quality service.

1. Vacation Investment

A holiday home that yields returns…

  • Guarantees holidays for a lifetime and the possibility of earning revenue
  • Fully furnished and decorated home
  • Holiday home without cost or care
  • Ten weeks use of the house each year
  • Comfortable holidays in a Luxury Resort, with privileged access to all facilities and services
  • Flexibility with regard to duration of stays.

Best for those who…

  • Intend to make regular use of the leisure facilities available at BOM SUCESSO
  • Would like the peace of mind of knowing that their property is professionally managed
  • Want to get additional revenue through their holiday home
  • Would like to benefit from regular rental income and continued house maintenance
  • Value flexibility in tourism exploration.

2. Hotel Managed Investment

An investment that permits holidays for a lifetime...

  • Guaranteed net 5% return on the investment over the first two years
  • Property totally furnished and decorated
  • Luxury vacations around the world
  • Six weeks every year for full use of the house
  • Overseas ownership without hassle.

Best for those who…

  • Intend to get a guaranteed return on their investment
  • Value hotel services available at their own house
  • Value the security offered by guaranteed yields during the first years
  • Enjoy travelling and wish to continue to stay in their house Like to feel “exclusive”.

Payment Terms

The reservation process is simple; the process starts with a small deposit of €5.000. After the reservation, there are 30 days to exchange papers and sign contracts; the buyer has 8 days to renounce without any losses.

After the exchange of papers the process is different for plots and for townhouses.

For a Plot, the buyer must pay:

  • 20% of the price at the exchange of papers;
  • a second payment of 15% is due six months after the initial payment;
  • a third payment of 15% is due 6 months after the second.
  • The remaining 50% is due with the execution of the public deed, 18 months after the exchange of papers.

For a Townhouse, the buyer must pay:

  • 15% with the exchange of papers,
  • 25% six months after the construction starts,
  • and 60% with the execution of the public deed

In relation to the construction of villas, the buyer must pay for the construction license when it is issued, followed by 15 equal consecutive monthly installments, the first of which is due 15 days after the payment of the Construction License. This first installment shall coincide with the start of the construction work by the contractor. The value of each payment is determined by the simple division of the total construction price into 15 monthly installments. VAT is due over construction price.

Buyers can benefit from special conditions and preferential treatment in some of the most prestigious Portuguese and International banks.