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Property for sale information

 
Golf And Country Club, 2 And 3 Houses Available, Castro Marim, Algarve, Portugal  
Reference nr: LO648242
Description:

Castro Marim Golf and Country Club is an established golf course with a very low building density. At the moment it comprises of 18 holes and the new clubhouse was completed at the beginning of July 2006. They are in the process of adding another course of 18.

Overlooking the Natural Reserve and the Atlantic Ocean.

Large tropical pool area with restaurant facilities located on a luxury golf resort only 5 mins from the Spanish border,30 minutes from Faro International Airport and 1 hour to Seville International Airport.

Owner Facilities

* Private beach club
* Exclusive mooring berths
* Health & fitness centre
* Mini health centre

Community Facilities

* Sports complex
* 25 metre pool
* Bars
* Restaurant

2 bed, 2 bath, 1 guest WC village houses from 300,000 euros
3 bed, 2 bath, 1 guest WC village houses from 328,545 euros

Call Locations on +353 (0)1 6771188 for further information

Bedrooms: Bathrooms: Price (€):
3 2 328,545
Features:
Beach
City
Golf
Private Swimming Pool
Spa
Submission Date:
08-16-2007
Last Update:
08-16-2007
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: €328,545
 

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