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Property for sale information

 
Villaggio Mareta  
Reference nr: KH676645
Description:

VILLAGGIO MARETA is our superb new development of ground and top floor Apartments located in the beautiful Nicotera Marina on the fabulous west coast of Calabria. The complex boasts a beautiful communal swimming pool (21m2 x 16m2) set in lush landscaped gardens.

These lovely apartments comprise: a large terrace (13.87m2), an entrance door leading to a living/dining area with an american kitchen, two bedrooms plus one fully fitted bathroom. They will be built to the highest specification using top quality materials.

Nicotera Marina is located south of Tropea on the Gulf of Lamezia on the lovely Tyrrhenian coastline, with gorgeous beaches, beautiful countryside and close to the historic town of Nicotera. This area still has an ancient atmosphere with its long white beaches and mysterious small bays. Here you are surrounded by citrus orchards and olive trees, vineyards and vegetable gardens giving wonderful aromas. On the horizon this vast scene includes the plain and the sea, the Aspromonte and lovely views of the isle of Stromboli. In the old town centre which is situated at the foot of the Norman castle you can see houses and wonderful noble palaces which overlook an undamaged network of streets. Nicotera is a touristic centre of remarkable importance as the castle is also an archaeological and rural art museum. The gastronomy of the area is superb to include fish dishes such as 'surici fritti' and 'u pisci in salamorigghiu' that is a fish roasted and sprinkled with a sauce of olive oil, oregno and hot pepper. The area is famed for its local cake 'pignolata' that is prepared with balls of sweet dough and fried in olive oil and put together with honey.

The beautiful beaches of the area are within a 5 minute walk from the residence where you can relax in the sun or enjoy various water sports in its pristine waters. If your preference is golf the course at Limbadi is a 10-15 minute drive away.

The airport at Lamezia can be reached by car within a 1-1/4 hour drive from Nicotera Marina.

Bedrooms: Bathrooms: Price (€):
2 1 121,300
Features:
Beach
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: €121,300
 

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