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La Cité 2 Bedroom Apartment
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About this 2 - Flat |
Key features
• Prime location: at entry point of bridge linking Hong Kong directly with Macau
• Prices in Hong Kong almost three times more expensive for equal standard property
• Enormous growth potential: 20 new casinos & hotels being built in Macau over next 5 years, making Macau a larger gaming industry than Las Vegas
• Large luxury apartments in central location from as little as £1300/sqm
• 70% LTV mortgages: available with 30 yr terms & low interest rates (subject to status)
• Purchase with as little as £45K cash
• Clubhouse, bowling alley, leisure club, man-made beach & landscaped gardens
• Constructed by one of China’s largest, most renowned developers “China Overseas Land & Investment Ltd” and designed by world-class designers EDAW & C&A
• Only 10 minutes from the international Macau airport
• Capital gains tax = 0%
Description
Macau is the Las Vegas of the Far East. With the opening of the Sands Macau, the largest casino in the world and Wynn Macau, Macau’s gambling revenues has been for the first time greater than those of Las Vegas. Due to the sustained economic growth in the city and the continued inflow of foreign direct investment, the demand for quality accommodation, particularly brand-new units in large-scale residential estates equipped with full luxurious facilities, has been buoyant. This, combined with the bridge now linking Macau to Hong Kong (a 30 min drive) where prices are three times as high, proves the huge potential Macau now shows as an international property investment.
La Cité is a large scale residential project consisting of five 49 story apartment buildings. With its premier location, excellent facilities (include Macau’s first manmade beach), and international developer, La Cité is a high quality investment property rarely available in Macau. The developer, China Overseas Holdings Limited is one of China’s largest and most renowned developers. The company was incorporated in Hong Kong in 1979. In 1992, its flagship China Overseas Land and Investment Limited was listed on the Hong Kong Stock Exchange (HKSE code: 0688). In recent years, China Overseas Group has undertaken a number of mega-size projects including the Hong Kong New Airport Passenger Terminal Building - touted as one of the ten greatest 20th Century architectural designs, the Hong Kong Disney Theme Park infrastructure, as well as the renowned Macau Tower.
Location
La Cité is located on the Macau Peninsula and next to the landing point of the future Macau-Hong Kong-Zhuhai Bridge. The Bridge will connect Macau to the heart of Hong Kong in 30 minutes, where property prices are three times more that those in Macau. From La Cité, it is 5 minutes to the ferry pier, Porta Gate and the city centre and 8 minutes to Macau International Airport and Taipa.
The Development
• Refreshing landscape garden occupy about 150,000 sqft which include about 40 facilities
• China Overseas (Macau) Property Services Limited provides “One-stop Leasing Management Service”.
• Bali style beach
• 45-meter landscaped pool
• Japanese style Jacuzzi
• Cosmo Club
• Bowling Alley
• Broadway Theatre
• Amazon Children Play Area
• Gym & Fitness
Prices
2 Bed apartments from ~ £147,000, invest with only £45k cash
3 Bed apartments from ~ £218,700, invest with only £65k cash
Payment Schedule
• HK50,000 – Reservation
• Balance 10% - 7-14 days of signing SPA
• 20% - 3 months after paying the above 10%
• 70% - On delivery
Completion Third Quarter 2007
For further information and a full brochure please contact Property Frontiers on
info@propertyfrontiers.com
www.propertyfrontiers.com
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| City/Town: |
Macau SAR |
| Address of Property: |
China |
| Postcode/Zip: |
0000 [map] |
| Bedrooms: |
2 |
| Reception Rooms: |
1 |
| Bathrooms: |
2 |
| Type of Property: |
Flat |
| Price: |
GBP 147000.00 [convert] |
Features |
| Central Heating: |
None |
| Burglar Alarm: |
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| Parking Facilities: |
Off Street |
| Gardens: |
None |
| Double Glazed: |
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| Near Shops: |
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| Near School : |
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| Loft: |
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| Utility Room: |
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| Patio: |
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Extra Features |
| Air Conditioning, Deck, Hardwood |
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Area Information |
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Contact Information |
| Email Seller: |
Email Seller |
| Contact person: |
Property Frontiers |
| Advertiser Type : |
Private Seller |
| Phone: |
0044 (0)1865 20 27 00 |
| Sellers City, County : |
Oxford 0044 (0)1865 20 27 00 |
| URL: |
102 - 104 St. Aldates |
| Map: |
View property location |
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See other listings by this user (0) |
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| Additional photos
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| Loan |
Typical APR |
| Moneyback Bank Loan |
7.6% |
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| Alliance & Leicester Personal Loan |
7.7% |
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| Bank of Scotland Personal Loan (Semi-exclusive) |
7.7% |
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| Halifax Personal Loan (Semi-exclusive) |
7.7% |
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| Barclaycard Personal Loan |
7.8% |
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