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Property for sale information

 
2 bedroom apartment, Altea, Alicante, Costa Blanca North  
Reference nr: SLA047
Description:

ALTEA Charming, first-floor apartment. From its two southerly oriented terraces you can watch the Mediterranean change color and the sun passes overhead. looking at the sea. In this part of town, closed to anything but pedestrians, you will discover a myriad of restaurants, cafe's and bars. All spanish- or internationally styled and all - literally - at a few paces from your door. Worthwhile noting is that this apartment comes with one parkingspace in the garage. This is quite an important issue in a town where parking can get a challenge in the season.

Altea sits just between the towns of Benidorm and Calpe and is positioned on a steep hillside 500 meters from the sea and above the modern beachfront developments. It is similar to other towns on the Costa Blanca due to it having a new and an old part of the town.

The old town being perched high up on a natural balcony over the sea. It is popular with artists and here amongst the steep, stepped narrow streets, white houses, orange trees and geraniums you'll find painters, potters and many more traditional craftsmen's studios, shops and little boutiques.

The prominent building in Altea is undoubtedly the church of La Virgen de la Consuelo (a church with a blue dome roof), which stands at the highest point of this picturesque town and is surrounded by some excellent restaurants and cafes.

The name Altea comes from the Greek: Altahia (I heal) and from the river Algar (the river of the health). Numerous groups of people settled here, including the Iberians, Greeks, Romans and Moslems.

Bedrooms: Bathrooms: Price (€):
2 2 190,000
Features:
Beach
City
Furnished
Golf
Private Swimming Pool
Submission Date:
04-03-2009
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: €190,000
 

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