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Property for sale information

 
Corvera Golf & Country Club, Murcia (Price On Request)  
Reference nr: MM101773
Description:

DESCRIPTION

Corvera Golf & Country Club is a new residential resort located between the Carrascoy mountains and the Mar Menor sea. The resort will cover nearly 2,100.000 square metres of scenic countryside close to the major cities of Cartagena and Murcia and only a stones throw away from the new international airport at Corvera.

The resort will offer an 18 hole championship golf course surrounded by an exclusive range of top quality apartments, houses and villas, a sports complex and a state of the art 5 star luxury hotel.

The 2.1 million square metres site that will become home to the residents of Corvera Golf & Country Club brings a new concept to the architectural styles of golf resorts in the area, integrating the dwellings and the golf course within the surrounding landscape with a strong emphasis on green spaces and open-air activities whilst respecting each owners privacy and their enjoyment of this excellent landscape.

The amount of build will represent only 9% of the entire site. The project will consist of around 1,845 dwellings located around the golf course comprising of 1,2 & 3 bedroomed spacious apartments and 2, 3 or 4 bedroom luxury villas, each with its own individual garden plot of 300 m2 or more.

The Championship golf course, designed by Jose Maria Olazabal and IGD, will have an overall length of 6,793 metres with 18 holes and a par of 72 strokes. Sam Torrance, ex Ryder Cup captain, will be the new Golf Club Captain.

Facilities

golf, sports activities, shops, hotel, swimming Pools, Gardens

Bedrooms: Bathrooms: Price (€):
2 2
Features:
Beach
City
Golf
Spa
Submission Date:
07-16-2007
Last Update:
02-03-2010
Advertiser Details:


Name:
Michael Mee

Company:
Spain Home Assist

Phone:
00353 41 9827995
Fax:
00353 41 9827995
Mobile:
00353872581108

 
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Calculators

 
Property price: €
 

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