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Property for sale information

 
Orikum Residence - 60m2 Apartment  
Reference nr: SD564583
Description:

Situated on first line most of Orikum apartments’ have panoramic views over the Adriatic Sea, the stunning 'Sazan Island' and the mountains around the Orikum bay and Vlora. Furthermore Orikum Residence is located close to the well-known Orikum beach and 200m from the city center.

This is a 1 bedroom apartment in floor 1 in a residence near the beach in Orikum – a small town
about 20 km south of Vlore.

Very good quality construction and it has a nice swimming pool in the
inner side of the residence, which is build in a L shape. The building is located about 7-8 min walk
from the beach.
Many foreigners have purchased apartments in this residence.

• 1 living room of good size
• 1 bedroom
• 1 bathroom (completed with everything)
• Property management on the place
• Maintenance fee - approx 8 euro per month
With exception of summer months when they charge for maintenance of swimming pool.

It comes with final registration papers.

Apartments size - 60 m2.
Total price - 36000 Euro

Bedrooms: Bathrooms: Price (€):
1 1 36,000
Features:
Beach
City
Submission Date:
11-21-2010
Advertiser Details:


Name:
Ilir Konomi

Company:
Albania Property Group

Phone:
+355 67 20 80001
Fax:

Mobile:
+355 67 20 80001

 
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Calculators

 
Property price: €36,000
 

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