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Property for sale information

 
Residencial Al Molo  
Reference nr: KH898503
Description:

RESIDENCIAL AL MOLO is our superb new development of one and two bedroom apartments built on four floors situated in the lovely Italian town of Cariati Marina on the fabulous Ionian Coast. They will be built using the highest quality materials.

The ground floor apartments feature: a large garden, terrace; an entrance door leading to a living/dining area, a kitchen, one bedroom and a fully fitted bathroom. The kitchen will have fully fitted units and worktops plus there will be pre-installation of air-conditioning.

Residencial Al Molo is located in Cariati Marina, one of the most beautiful towns on the Ionian Coast which has a lovely marina with crystal clear waters, stunning views and a blissfully quiet ambience. Like many Calabrian towns and villages, Cariati is a resort centre for northern Italians during the summer months. The marina offers a 6 mile sea wall, dotted with cafes, bars and shops. Today Cariati owes its fame to the environmental resources of the Ionian coast which has become popular with both Italian and European tourists. The old town of Cariati is well worth visiting especially for its stunning views of olive groves and the entire coastal area. The cathedral, whose tiled cupola can be seen from the marina, has an impressive interior and contains 18th century choir stalls by Girolamo Franceschi. In the old town you can make a circuit of the old city walls and bastions, into which houses have been built, and duck into the numerous churches within the walls for a few moments of cool solace.

The residencial is located a short walk from the fabulous beaches where you can relax in the sun or enjoy various waters sports in its pristine waters. If your preference is golf, the golf course at Cropani can be reached by car in just over an hour's drive.

The airport at Crotone can be reached by car within a 40-45 minute drive from Cariati Marina.

Bedrooms: Bathrooms: Price (€):
1 1 84,050
Features:
Beach
Golf
Submission Date:
10-31-2007
Advertiser Details:


Name:
Kevin Hill

Company:
The Overseas Property Centre

Phone:
00353 1 2890001
Fax:

Mobile:
00353 87 1227937

 
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Calculators

 
Property price: €84,050
 

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