Property Listing
CHINA La Cité, Macau
Number of Bedrooms: 3
Number of Bathrooms:
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Type: Apartment
Age: Off Plan
Bedrooms: From: 2 To: 3
Features:
Parking
Amenities:
Communal Pool
Near to Beach
Gym
Spa Facilities
Close to Bars/Restaurants
Description: 2 BED APARTMENTS from ~ £147,000, invest with only £45k CASH
3 BED APARTMENTS from ~ £218,700, invest with only £65k CASH
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 & a mandatory visit to Macau)
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
Property Details
Setting: N/AGarage: No
Garden: No
Guaranteed Rental: No
Keyready: No
Pool: Yes
Investment Details
Payment Schedule
HK50,000 – Reservation
Balance 10% - 7-14 days of signing SPA
20% - 3 months after paying the above 10%
70% - On delivery