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Property for sale information

 
Mithoi Ierapetra The stunning views of the Libyan Sea, the surrounding mountains and the total peace and quiet of the location provide the perfect setting for this small complex of stylish houses.  
Reference nr: 1-347
Description:

Mithoi Ierapetra

The stunning views of the Libyan Sea, the surrounding mountains and the total peace and quiet of the location provide the perfect setting for this small complex of stylish houses.
It is a complete development of four 2&3 bedroom houses, each with its own large outdoors area approximately 250m2. Each house features an advanced design, which combines privacy and seclusion. They are set on the hill-top after the village Mirtos and before the village Mithi, each with the same stunning views and a within walking distance of the local village, with all its facilities, and a short drive away from the sandy beach resort of Mirtos. With large private areas, spacious interiors, the houses are ideal even for the most demanding buyer.
The two left ones are one floor houses, with all the main rooms to be developed in the area of ground floor . It comprises with a common space living & kitchen room, a bathroom and a double bedroom. In the living room, there is a corner fireplace and big windows alongside the walls, allowing the owner to get the most of the sea view and the sun. The kitchen and the bedroom is equipped with prime quality wardrobes and cupboards.
Under the ground floor, there is a basement 50m2 delivered with plastered walls, tiled floor and wooden coated ceiling. This space can be turned into a lovely supplementary habitant one, developing two extra bedrooms and an extra bathroom. It can work as an independent residence as well.
The outside space is developed with flower-beds, slabbed verandas and an en-suite swimming pool (optional, is not included , if you wish 40.000 euro extra)

Bedrooms: Bathrooms: Price (€):
3 2 160,000
Features:
Submission Date:
07-20-2009
Advertiser Details:


Name:
Niki Christakis-Sarris

Company:
Re/max Professionals

Phone:
00302843052214
Fax:
00302843052215
Mobile:
00306945824266

 
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Calculators

 
Property price: €160,000
 

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