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Property for sale information

 
STUNNING SEA VIEWS, Calabria, UP TO EURO 1,000 REFUND WITH PURCHASE OF UNIT VALID UNTIL 14TH MARCH  
Reference nr: LO252164
Description:

Soverato is situated in the province of Catanzaro in the Calabria region of Southern Italy. It is one of the most known and beautiful tourist resorts in the Ionian coast, so much that it is called ‘The gem of Ionian Sea’.

The town has a mild and pleasant climate all year round, due to a combination of climatic and local unique factors. it has a very clean sea, bright sun and attractive beaches.The fishing port of Soverato is also one of the most active in the Ionian Calabria.

Soverato is 15 mins to the town of Catanzaro, and just 30 mins drive from Lamezia airport

Every summer American Italians return to the town as well as Italians in the North visit for a holiday. There is a night funfair every year on the beach, great nightlife with many clubs, bars and restaurants.

The Development:

Our new development is built on a dramatic cliff-top, overlooking the long stretches of golden beaches and crystal blue sea of the Gulf of Squillace and the Ionian Sea.

It is a 4 minute drive/30 min walk to the beaches, bars, restaurants and shops.

A 120 room apart hotel, Country Club and Spa will be built nearby.
There are 4 x 4* Hotels in the area

Prices start at 227,900euros.
Corner units with bigger gardens and the option of a swimming pool/plunge pool cost 275,900euros.
Please note: Fitted Kitchens are not included in price.

Payment Plan:
30% on signing the preliminary agreement
15% in December 2007 when construction starts
55% on Completion in June 2009

Call Locations on 01 6771188 for more information.

Bedrooms: Bathrooms: Price (€):
3 2 227,900
Features:
Beach
City
Private Swimming Pool
Spa
Submission Date:
08-27-2007
Last Update:
02-29-2008
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: €227,900
 

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