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Property for sale information

 
Port El Kantaoui Resort  
Reference nr: RP923287
Description:

Luxury Resort Apartments in Tunisia

A fantastic 5* residential development consisting of Luxury Apartments and a spa, benefiting from full sea views in the popular tourist resort of Port el Kantaoui, Tunisia,

Features


With 25 of the best positioned apartments within the development secured by our company the properties we offer benefit from uninterrupted sea views in prime locations within the resort. In addition to this we have also negotiated manageable staged payments terms exclusively available to our clients only (for further details please enquire below).

Located only 80 meters from beautiful white sandy beaches and within only 2km of two 18 hole golf courses, horse-riding clubs, water sports and many others activities it offers an abundance of facilities. The famous Marina El Kantaoui is only a short distance away, La Galite offers Mediterranean living at its finest mixed with the famous culture and hospitality of the local Tunisians.

Development Features:
Swimming Pools
Tennis Court
Gym
Squash Courts
Basketball Courts
Football Pitch
Shopping Centre including a Bank and Pharmacy
Supermarket
Restaurant
Lounge bar,
Recreational areas for both adults and children
Oriental Themed Spa

The Development will offer purchasers an excellent opportunity to benefit from high rental yields of between 8–10% p.a. and capital growth between 20–30%. Alongside this all monies invested are protected 100% by insurance bonds held against the development.

La Galite also offers the option of taking on an apartment based on a “Apart-hotel“ program within the resort. This program offers a hassle free investment opportunity through a fully managed lease-back system. Owners will benefit from a guaranteed profit share of all rental income generated by the development and can maintain up to 6-8 weeks per year for personal usage.

Location
15 minutes from the new Enfidha International Airport (completion expected mid 2011)
40km from Monastir International Airport
2km to the nearest golf course
80 meters away from beautiful white sandy beaches

Apartments

Studio with garden 29 m2 and terrace 3.9 m2
€29,500 @ 39 m2 total living area

1 Bed with terrace 3.7 m2 - 4.8 m2
€43,135 from 57 m2 total living area
€47,297 @ 62.5 m2 total living area

2 Bedroom apartments with garden 33 m2 - 100 m2 and terrace 4.5 m2 - 7.8 m2
€58,648 @ 77.5 m2 total living area
€61,297 @ 81 m2 total living area

2 Beds with terrace 6.2 m2 - 7.8 m2
€58,648 @ 77.5 m2 total living area

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 29,500
1 1 41,000
2 58,000
Features:
Submission Date:
11-04-2009
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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Calculators

 
Property price: €29,500
 

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