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Property for sale information

 
2 bedroom apartment, Playa Flamenca, Alicante, Costa Blanca South  
Reference nr: SLHEZ1190
Description:

REDUCED FOR QUICK SALE. This well presented 2 bedroom ground floor end apartment bungalow is situated in a popular location in Playa Flamenca with only a short walk to all amenities and comprises of light lounge dining room, american style fitted kitchen, family bathroom, double bedroom and twin bedroom with fitted wardrobes, separate outside utility room/galleria. Externally there is a lovely tiled patio and garden, situated close to the communal pool.Reduced for quick sale, excellent holiday home with rental potential.


Playa Flamenca makes an excellent base for exploring the region of Orihuela with its rich heritage reflected in its many museums, churches and historic buildings. There are 14 kilometres of stunning beaches nearby: the biggest at Guardamar de Segura and La Marina are backed by vast sand dunes, but there are plenty of small sandy coves waiting to be discovered too. Playa Flamenca itself is a small but busy resort boasting a good range of shops, restaurants and bars, with supermarkets and a shopping complex only a 10-minute walk away. It is 8 kilometres South of Torrevieja which has every amenity you could need – resale property around Torrevieja is always in demand, which is reassuring for would-be Spanish property investors.

This region has been designated one of the healthiest in the world by the World Health Organisation and boasts fabulous weather. Many British people seeking a more laid back way of life under the Spanish sun have made their home here.


Ref: SLHEZ1190
Region: Costa Blanca South

Bedrooms: Bathrooms: Price (€):
2 1 84,700
Features:
Beach
City
Furnished
Golf
Submission Date:
03-29-2009
Advertiser Details:


Name:
Graeme Elder

Company:
SpanishLife Properties

Phone:
+44 141 889 6264
Fax:
+44 141 887 8467
Mobile:
+44 7958 657658

 
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Calculators

 
Property price: €84,700
 

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