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.

Why Macau?

 
THE DEVELOPMENT

Refreshing landscape garden & leisure area over 150,000 sqft including about 40 facilities such as;
  • Bali style beach
  • 45-meter landscaped pool
  • Japanese style Jacuzzi
  • Cosmo Club
  • Bowling Alley
  • Broadway Theatre
  • Amazon Children Play Area
  • Gym & Fitness

China Overseas (Macau) Property Services Limited provides “One-stop Leasing Management Service”..

 
  • HK80,000 ~ £5,500 – holding deposit paid on signing Reservation Agreement
  • £2,250 legal administrative fees , 3.15% stamp duty
  • 10% - paid after PoA process is complete and SPA is signed, roughly within 30 days of Reservation
  • 20% - within 3 months after paying the first 10%
  • 70% - on completion & delivery, expected 3rd quarter 2007. Mortgage available subject to status
 

Completion is scheduled for 3rd Quarter 2007

70% loan-to-value mortgage available subject to status

For more information or to make a reservation, please contact us directly.

 
 
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