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Property for sale information

 
LOS CEREZOS DE FINESTRAT (Price On Request)  
Reference nr: MM471790
Description:

With its stunning location, charming character, easy access from almost any European country and extensive local infrastructure, Los Cerezos de Finestrat has all the ingredients for a superb lifestyle. Whether you are looking for a holiday home or a permanent place of residence in the sun, Los Cezeros represents an excellent investment opportunity with tremendous rental and resale potential.

Los Cerezos de Finestrat is an exclusive hillside development of private villas, town houses and apartments offering glorious views of the mountains and the sea. It is within close proximity to superb golf. Costa Blanca offers clear blue seas, spectacular mountain ranges, fine sandy beaches, charming rocky inlets, cosmopolitan beach resorts, small untouched Spanish villages, modern infrastructure, warm sun and cooling sea breezes. Whatever you’re looking for in Spain, you’ll find it on the Costa Blanca.

Located 40km north of Alicante,Finestrat is both an inland mountain village , famous for its cliff hanging Moorish architecture and a coastal resort boasting clear water, white sand and plenty of cafes, bars and restaurants. Los Cerezos lies midway between the two, near the dramatic Puig Campana (bell mountain), offering the perfect environment for a peaceful, healthy and relaxed lifestyle. It is just 2km from the beaches of Benidorm and less than 1km from the shopping complex La Marina (the region’s largest shopping complex) with its shops, cinema , Banks, healthcare services and other vital amenities. There are two golf courses near Los Cerezos with two more designed by Jack Niklaus due to open shortly just 1km away. The Valencian Community is at the forefront of Spanish culture with new and outstanding entertainment facilities like the ‘Ciudad de las Artes y las Ciencias’ at Valencia and the ‘Ciudad de la Luz’ film studios at Alicante. The theme parks of Terra Mítica and Terra Natura are on your doorstep with historic Altea and Calpe close by. All this just 40 minutes from Alicante International Airport, with excellent road connections via the motorway (A7) north to Valencia and south to Andalucia.

Los Cerezos comprises a mix of 337 villas, town houses and apartments, developed in three phases, individually designed and luxuriously finished. The two-storey, 3 and 4 bedrooms villas feature a private swimming pool, garden, roof terrace, jacuzzi and superb sea views. Plots vary in size from 500-755m2 and include a covered parking space. The 2 and 3 bedroom town houses are built over two levels (build areas are from 138m2 to 166m2 and 51m2 to 67m2 terraces) with direct access to communal gardens and swimming pools. The units surround a central garden, social club and sporting facilities fostering a real sense of community spirit. The 2 bed apartments and 3 bedroom split-level penthouses are bright, spacious and well-thought out. They include terraces, superb sea views and lifts from the parking level below. The built area of the apartments vary from 83m2 to 110m2 with 17m2 to 44m2 terraces while the penthouses have a total living area of 154m2 and 53m2 terraces. All units enjoy the services of an on-site concierge to assist residents with everyday needs and to act as key holder.

Bedrooms: Bathrooms: Price (€):
2 2
Features:
Beach
Golf
Private Swimming Pool
Ski
Submission Date:
09-04-2007
Last Update:
02-03-2010
Advertiser Details:


Name:
Michael Mee

Company:
Spain Home Assist

Phone:
00353 41 9827995
Fax:
00353 41 9827995
Mobile:
00353872581108

 
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Calculators

 
Property price: €
 

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