Hi there Polliticoand everyone else.Yes I picked up on it and here is the
site again.
On another subject, the EDP (Electric) have recently announced they are prepared to purchase photovoltaic electricty produced by you at he rate of 65 cents per Kw.Guaranteed contract 5 years.
Now this may not mean much to you but in an area where you are in Fuseta without over casting shadows,a stand alone unit on the roof will work for 16 hours a day thereby producing €10.40 a day or €3,796 a year income for just one killowat hour produced. Your own electric is free !! the more units you place on the roof, the more you get.
If you would take my advice, it would be very beneficial to get a group together and look further into this. The VAT is reduced to 12% from 20% for the purchase and the banks will lend over 10 years
This is a 'no brainer' as the income from EDP is higher than the repayments to the bank and they will lend 100%. In other words, its a no money down deal, payments taken care of and free electric !! If you want to know more, drop me a line.
Tip.Think big on this as 10 KW hours produced would yield 104 $Euros a day or 37,960 a year, you could have your place paid off in a short while.
The banks are lending up to 100k per property