Studio bungalow on exclusive complex, Costa Teguise - My Overseas Property

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Property for sale information

Studio bungalow on exclusive complex, Costa Teguise

Price:	from € 59,000 Mortgage & ROI calculators »
Type:	Bungalow
Country:	Canary Islands Lanzarote

Reference nr: LS799210

Description:

A fabulous studio bungalow on the popular Sands Beach resort complex with ocean views and overlooking one of the seven pools. This property has a modern kitchen, lounge/dining area, bathroom with his and hers hand basins and private terrace. The double bed cleverly folds away during the day to make the most of the living space. Within the complex there are bars, restaurants, a private beach, gym, spa, kid´s club and nightly entertainment making this an ideal holiday home. Situated next door is the five star Melia Salinas hotel. Costa Teguise is a family resort with plenty to offer. There is a golf course, the islands only water park and an aquarium. The fabulous beaches offer an array of water sports. Enjoy Canarian tapas or choose from one of the many restaurants offering food from around the world. A lively market is held every Friday evening to pick up a bargain or sit with a drink and watch the world go by.

Two bedroom, two bathroom bungalow available @ 175.000 euros.

Bedrooms:	Bathrooms:	Price (€):
0 (studio)	1	59,000
2	2	175,000

Features:
Beach
Furnished
Golf
Spa

Submission Date:
05-08-2009

Last Update:
06-22-2009

Advertiser Details:

Name:
Lesley Stephens

Company:
LCI Rainbow-estate

Phone:
(0034) 928 80 15 40
Fax:
(0034) 928 84 46 26
Mobile:
(0034) 666 543 961

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Calculators

Property price: €59,000

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