Dunas Beach Resort - Mortgages
Completion mortgages will be made available through a number of leading Portuguese Banks (Subject to Status).
These lenders will typically lend between 50% - 70% loan to value, subject to status.
Re: SIPP’s
Current SIPP legislation permits borrowing of up to 50% of the net assets of the SIPP fund.
SIPP legislation states that the lending criteria is based on ‘serviceability’ which in the case of Dunas Beach Resort, the resort will be ‘serviced’ by an international hotel operator rental scheme.
