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Property for sale information

 
Apts and Villas 250% ROI,8% Guar Rent, Guar Mortgage  
Reference nr: CB235472
Description:

Halcyon Hills is a five start front line development on Samos in Greece being developed by uk developer. It is a top class spa and marina resort with private beach and top class dining and bars. It offers guaranteed rents of 8% for two years. Off plan prices are excellent starting at circa €4,000 a sq meter where the Greek average is over €6,000 including plenty non 5 star. Returns on investment are projected cautiously at 250% over two years,six months and if you borrow to pay the 30% deposit the developer will pay your interest until completion. Even if you take money off deposit he will replace your interest to a limit of 5% so you have no opportunity costs. The developer will even guarantee you a mortgage at the end for 70%. Closing costs are low at 4% and a uk solictor can look after all the legal work from £1850. Turn £52k into £153k in 2.5 years with your deposit fully safe. The land is owned free of finance. It is already 45% sold pre launch. Furniture packages arranged.
*Guaranteed rents
*Guaranteed mortgages
*Interest paid on deposit
*Prices 50% lower than average
*Completion 2011
*Fully managed by five star hotel group.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 184,800
1 1 241,500
2 3 404,250
3 3 771,750
Features:
Beach
Furnished
Spa
Submission Date:
02-11-2009
Advertiser Details:


Name:
Catherine Brennan

Company:
Make Me Rich Ltd

Phone:
086-6078872
Fax:
n/a
Mobile:

 
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Calculators

 
Property price: €184,800
 

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