Club Las Velas - My Overseas Property

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Property for sale information

Club Las Velas

Price:	€ 247,500 Mortgage & ROI calculators »
Type:	Villa
Country:	Canary Islands Lanzarote

Reference nr: DS792170

Description:

This is a brand new development with 55 two and three bedroom villas situated close to the new Marina Rubicon. Club Las Velas is an exclusive new development in Playa Blanca of 55 Two and Three bedroom properties all with their own private plunge pool situated on a gated community. Each property boasts 2 floors and will offer prospective clients superb sea or mountain views. With Green Zones (protected land) on 2 sides of the development, and a private access road on the other, privacy will be ensured. Each property will be finished to a very high standard, all with 2 stores and private pools. Constructed by VVO, one of the leading construction companies in the Canaries, and renowned for their excellent build quality and attention to detail
Building to start in September 2006 and completed in December 2007.
Prices from € 247,500 euros, with up to 80% finance available for non-residents.

Bedrooms:	Bathrooms:	Price (€):
2	1	247,500

Features:
Beach

Submission Date:
02-20-2007

Last Update:
02-27-2007

Advertiser Details:

Name:
Declan Scott

Company:
Ocean Properties LTD

Phone:
00353862482438
Fax:

Mobile:

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Calculators

Property price: €247,500

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