BORGONOVO DEVELOPMENT - My Overseas Property

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Property for sale information

BORGONOVO DEVELOPMENT

Price:	€ 84,125 Mortgage & ROI calculators »
Type:	Apartment
Country:	Italy Calabria

Reference nr: RO975831

Description:

Borgonovo is situated on the shore of the Tyrrhenian Sea, 700 meters from Pizzo town centre and within a short 15-minute drive of Lamezia International Airport offering direct and inexpensive flights to the UK. The resort comprises of 1 & 2 bedroom apartments each elegantly designed with Italian taste and Architecture in mind. The development is situated in one of the most sought after areas of Pizzo close to all amenities i.e. shopping, train station, restaurants, parks and about 15 drive to the Water Park I Tropea.

Facilities:

Swimming pool
Restaurant
Bar
15 minutes walk to the beach

Payment Plan:

3000 Euros reservation followed by
50% Preliminary Sales Agreement
50% Final Deed of Sale

Bedrooms:	Bathrooms:	Price (€):
1	1	84,125

Features:
Beach
City
Private Swimming Pool

Submission Date:
05-27-2010

Advertiser Details:

Name:
Rachel O'Dea

Company:
Privilege Estates

Phone:
0044 (0) 2074023327
Fax:
0044 (0) 2074023327
Mobile:
0044 (0) 7779297744

Property Photo Gallery

property photo

Calculators

Property price: €84,125

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