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Property for sale information

 
Rago Apartments, Costa Esuri, Costa De La Luz, Spain  
Reference nr: LO301751
Description:

Costa Esuri has excellent transportation links with Seville Airport only 1.5 hours away & forty-five minutes from Faro Airport in Portugal. The apartments are located at the Guadiana River, an area with 25km of navigable waters close to the city of Ayamonte.

A fantastic variety of property to choose from be it apartments, townhouses, villas or plots to custom build your dream home.
Costa Esuri Golf Resort is an excellent investment for golfers, buy-to-let, those looking for a holiday home or permanent living. The commercial centre at Costa Esuri will provide a wide range of shopping and entertainment facilities including a supermarket, boutiques, cafes, bars and restaurants. Also on the resort will be three luxury hotels, several smaller shopping areas and sports facilities. This region is a golfer’s paradise with two first class 18 hole championship courses on site at Costa Esuri Resort, a further fourteen courses are within 30 minutes drive and more are planned for the immediate future.


This is unquestionably the fastest growing golf tourist destination in Southern Spain and Portugal. Costa Esuri Golf offers something for golfers of all abilities, with generous fairways and large immaculate greens. The river course, at 7500 yards of the back, has a links feel about it.
The second course is a little shorter, with interesting lakes and natural lagoons to negotiate. Both courses boast panoramic views of the surrounding country side and coast line to complete this quality Golfing experience.


RAGO APARTMENTS
Rago Apartments offer a lower cost entry into the development with prices starting from only €160,000 (excl. VAT).
- Easy stage payments
- 70% Mortgage Available
- Excellent capital growth and holiday rental potential


Modern fitted kitchens and bathrooms (1 en-suite), good size living area including large terrace for “al fresco” dining.
Only three levels, the ground floor apartment has a private garden and the top floor apartment has a huge roof terrace ideal for sun lovers and golf course vistas.
Communal pool, landscaped gardens and secure parking.
Optional furniture package, air-conditioning and satellite TV.
The projected marina on the River Guadiana will offer another dimension to this development already bursting with leisure activities.


2-bedroom: Starting from Euro 160,000 (excluding VAT)

Bedrooms: Bathrooms: Price (€):
2 2 160,000
Features:
Beach
City
Submission Date:
08-13-2007
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €160,000
 

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