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Property for sale information

 
PORTO RHOCA  
Reference nr: RO219616
Description:

Perfectly situated between the Calabrian capital of Catanzaro and the vibrant tourism destination of Soverato, the luxury 4 star resort of Porto Rhoca nestles in to the Olive groves and agricultural area of Squillace. This Ideal location provides panoramic views of the Ionic coast line, over the locally farmed land; however is still only 10 minutes walk to the beach or alternatively 4 minutes drive in the shuttle bus that runs every quarter of an hour provided by the resort.

With its local shops, bars and restaurants, Squillace provides all the amenities and facilities one would require on a lazy holiday or an action packed fortnight. Only 10 minutes drive to Soverato's shopping areas and nightlife or 15 minutes to the historical city of Catanzaro you are in an area that we consider to be one of the best on the coast.

The established resort of Porto Rhoca has been a haven for international tourism for over 10 years and is now presenting the market with a unique opportunity to once again get involved. With its extremely high standards and build quality, Windrush see the 2-3 bed villas with large private gardens as a perfect combination of a first class holiday home in southern Italy and a lucrative investment in the rapidly growing region of Calabria.

With its 4 star hotel, Two Swimming pools, Conference Centre that seats up to 420 people, high quality restaurant, Pool bar and restaurant you have everything you could possibly need on site for yourselves and also the high number of clients that flock to the resort to rent the holiday properties each year. If that isn't enough, you also have the full use of the private, unspoilt white sandy beach that stretches along the crystal clear waters of the Ionic sea. This luxury boasts a variation of sporting activities both on and off shore, with the facility of a kids clubs for young children and teens alike.

All of these factors really do make Porto Rhoca an un-missable investment opportunity.

Bedrooms: Bathrooms: Price (€):
2 1 175,500
Features:
Beach
City
Private Swimming Pool
Spa
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

 
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Calculators

 
Property price: €175,500
 

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