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Property for sale information

 
House For Sale in El Cotillo, Fuerteventura  
Reference nr: 54011
Description:

PRICE CHECKED APR 08

Villa La Corca El Cotillo 350.000 + Taxes.

Set in 17400m2 of land this villa is in an outstanding idyllic situation; opportunities to purchase here are very few and far between. From the approach into El Cotillo this land is towards the left (south west) reached by a simple track and taking just a couple of minutes by car from El Cotillo village. The villa sits in its own vast area of land with far reaching views all around; to the wild and beautiful ‘surf beach’ and the surrounding mountains and cliffs. It offers a perfect private retreat.



The existing property occupies a total of 47.62m2 and comprises a recently fitted kitchen/dining/living area of 26.05m2 1 bedroom of 13.75m2 and a generous bathroom of 7.82m2. There is scope to build a second bedroom and permission was given by the Town Council a couple of years ago but this would need to be re confirmed. There is a spacious sheltered sun terrace.



Water is supplied by a water tank and electricity by means of solar power and batteries. Waste water flows to a water tank and is used via a pipework system to water garden plants.

Bedrooms: Bathrooms: Price (€):
1 1 350,000
Features:
Submission Date:
10-04-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

House For Sale in El Cotillo, Fuerteventura

House For Sale in El Cotillo, Fuerteventura

House For Sale in El Cotillo, Fuerteventura

House For Sale in El Cotillo, Fuerteventura
 
Calculators

 
Property price: €350,000
 

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