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Property for sale information

 
Villa dell` Olivara/608  
Reference nr: 608
Description:

Investment Highlights
An unrivalled opportunity to invest in a luxury eco-development in the picturesque region of Calabria, southern Italy.
- Spacious, luxury 2-bed apartments
- Swimming pools, spa, gymnasium,
tennis courts and beach club
- Prices from €179,674
- Delivery from 2010
- Fastest-growing area for property
price increases in Italy

Project overview:
Villa dell’Olivara is a development of 308 2-bedroom apartments and penthouses situated in a tranquil area 700m from the beach in
Calabria, Italy’s southern-most state. The developer has applied a traditional Italian architecture to the development combining rustic natural stone with clean architectural lines. Each group of apartments is designed and
orientated on a gentle slope facing out to sea, allowing the majority of units fantastic views over the bay. Each apartment comes with garden or spacious terrace and roof solarium. The developer has a keen focus on protecting the environment, which is why Villa dell’Olivara has been designed to have as little impact as possible on its surroundings. The development will have salt-water swimming pools to minimise the use of chemicals onsite and the latest energy-efficient appliances will be installed in every property to reduce carbon emissions.Gardens will be landscaped to include lawns, attractive olive tree-lined walkways and recreational areas. Trees displaced during construction will be replanted within the development, thus preserving the mature beauty

The Development
Villa dell’Olivara is made up of 308
superior quality 2-bedroom apartments,
700m from the sea.

LOCATION
Villa dell’Olivara is a 10-minute drive from the city of Lamezia Terme and its international airport. It is close to the ancient city of Tropea and only 50 minutes’ drive from the ski station, Camigliatello Silano.

Facilities/Amenities
Villa dell´Olivara provides a full range of on-site facilities for the exclusive use of its owners and holidaymakers.

- The Clubhouse – a focal point for the
development which includes:
- Solar-heated swimming pool
with spectacular views
- Bar/Coffee shop
- Spa including Sauna, Jacuzzi,
Turkish Bath
- Gymnasium
- Shower and changing area
- 2 further outdoor swimming pools
- Tennis courts, bbq and picnic area
- Secure gated community
- Close to local towns with bars, restaurants and
places of historic interest
- Local beach for both relaxation and a range of
water sports at the Hangloose Beach Bar
- Beach club and restaurant owned by the Villa
dell’Olivara residents

Environmental Features

- Salt-water swimming pools that require a minimal amount of chlorine will help ensure a low level of chemical use onsite
- A centralized solar energy system will be installed to heat one of the pools and provide power for use in individual homes, thus reducing carbon emissions and costs
- To protect the local landscape and ecosystem, olive trees and vines displaced in the building process will be preserved and subsequently replanted within the grounds of Villa dell’Olivara

Bedrooms: Bathrooms: Price (€):
2 1 179,000
Features:
Beach
Private Swimming Pool
Spa
Submission Date:
01-22-2009
Last Update:
04-20-2009
Advertiser Details:


Name:
Bruno Friedl

Company:
INRES international, investment & real estate

Phone:
0049-8031-941287
Fax:
0049-8031-941588
Mobile:
0049-176-23 35 97 98

 
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Calculators

 
Property price: €179,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations