29,189 Members watching 14,084 developments from around the world!


Distressed property Spain

Buyers of off-plan real estate investment property at Sesimbra Bay Beach resort in Portugal

Sesimbra Bay Beach resort - Talk to other property buyers

If you are buying a property off plan at Sesimbra Bay Beach resort, Lisbon's Blue Coast (Costa Azul), Portugal, Eye on Worldwide enables you to communicate with other property buyers at Sesimbra Bay Beach resort, and to share photos with each other.

----------

New Property Development Details:

Development Name:  Sesimbra Bay Beach resort

Location: Lisbon's Blue Coast (Costa Azul), Portugal

Estimated Completion: 2010

Developer: Lisop 

----------

The property service is free to use and takes just seconds to join.

If you are an existing member of Eye on Worldwide then log in and add this new off plan property development to your list of monitored new developments.

To join now as a new member simply fill in your details below and you will have instant access to the off plan property buyer's message board so that you can start communicating with the other buyers.

Register now for free and instant access!
First name*  
Surname*  
Email address*    
Suggest user name*  
Passsword*  
Confirm password*    
Please tell us how you heard about Eye on Worldwide*  

(Items marked * are required)

Start talking now to your fellow real estate property buyers at Sesimbra Bay Beach resort in Lisbon's Blue Coast (Costa Azul), Portugal!

Below are a selection of the most recent messages posted for this development. To read all the posts, contribute your own and view and share progress photos, please regsiter above and log in.

DISCLAIMER: All opinions posted on these message boards are the opinion solely of the poster and do not necessarily reflect the opinion of Eye on Worldwide, its servants or agents.

MessagePosted by

Hi All,

Here is the latest update to Sesimbra Bay.
We now have a new deal on the table for this resort and its gone down a storm. Investors can now buy in for 3% down. Inititally you put down a 10% deposit and upon completion the Developer (Lisop) will give you back 7% in cash. The Developer will has also agreed to pay ALL of your closing costs which is equivalent to around 12% of the purchase price. On a Studio apartment this is a saving of around £21,000. This offer is for a limited time period only and its expected to be sold out before end of November.

Kind regards
Adrian
Owner Invest

adrianw
SESIMBRA BAY RESORT  seems very, very  exspensive to me ,the details seem good though, im on the fence on this one,carl08chef

Any one had any exsperience with palmela village golf resort Portugal with 3 year 5% rental any ideas about this one.

 

carl08chef

SESIMBRA BAY RESORT UPDATE

Hello,

My name is Adrian and I represent a company called Owner Invest. We are now the official agent for Lisop and the Sesimbra Bay resort. There has been some significant updates to the way the deal is structured for this development which I thought Users here might be interested in. In order to purchase now the deal for investors is:

  • 15% down to purchase
  • 4.5% Cash Back
  • ALL closing costs to be paid by Developer - saving at least €20k

This deal has only just been agreed with Lisop and anyone who is interested should now contact Owner Invest - www.ownerinvest.com/buy-to-let/portugal-sesimbra/index.php

Thanks and regards
Adrian

adrianw
I would say that they are expecting June 2009 but there are no guarantees.  Recent feedback that I've heard suggests that good progress has been made since I visited the site in late Feb.toby2
thinking of putting down deposit this week anyone have any up to date advice. we have been told to expect completion june 2009 for entire project.trishaf
The builder is LISOPtoby2

Hello

can anibody tell me if the builder is Sesimbra 2000 if that is the case i have a lot to say. 

dan6669
I have seen the development.  It is well and truely underway with the ground and first floor parking in place for phase 1 and work beginning on the first floor accomodation level.  Indications for completion are still late 2009 although they are hoping to complete sooner.toby2

My understanding is that building has commenced and that completion is scheduled for 2009. I think developer hopes to complete pre summer 2009 - but I dont know if that can be guaranteed. We hope to be there in Sept 09 and the indications from the agent lead us to believe this to be possible.

 

gizmo1

I am also interested in this project.  Does anyone have any progress info?

toby2
sesimbra bay update... Anyone interested?gordon029

Hallo, I can provide services in real state adviser.

If you interest send me a e-mail: RealStateAdvisers@gmail.com 

best regards

RealStateAdviser
Hi There In answer to your query we were told 2009 but as there are 3 phases you would need to check which one is being offered to you.You might also check the length of time you are being asked to sign up to the management company as there seems to be an issue with this.As I understand it the original length of time on the contract has been changed from 4or 5 years to around 10 or 11 years.This seems like a long time to have to be tied into a management co.if you are unhappy with their service.I would welcome input from anyone who has an interest in this development.Sesimbra Bay Portugal.gordon029

Hi gordon029,

We are also from Ireland and are thinking of investing. Current query we have is the completion date. This site indicates 2010 but agent advises 2009. Do you have any info?

 

 

 

gizmo1
Hello Are there any current investors in the Sesimbra Bay development on this site as I would like to hear from them.I  have invested in it and would like to hear from similiar people particularly from Ireland (as we may have shared the same agent) but would like to hear from anyone who is involved and maybe we can help each other by keeping a collective eye on the project.Thank you for your interest and I am looking forward to hearing from yougordon029
Looks an interesting proposition - how are things developing?cuttle
I actually withdrew from the deal last month because the payment structure changed. Nothing sinister I'd say, there was so much demand that the builders needed some cash guarantees up front. But it moved the goalposts for me. deetee
I put a deposit down. To be honest Im a little worried. They're more expensive that other similar properties. In addition they're also small. Anybody got feelings on these?logic
Anyone know anything about this Sesimbra resort?deetee

Tell a friend

View more off plan property in Portugal.