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Property for sale information

 
Residencial El Caribe  
Reference nr: KH710658
Description:

RESIDENCIAL EL CARIBE is the name of our stunning new development in Calabria, located between picturesque Capo Colonna and Capo Rizzuto, just south of the Gulf of Taranto with its turquoise waters, sparkling sandy beaches and gloriously sunny climate. This complex boasts a beautiful communal swimming pool set in lovely landscaped gardens.

These lovely ground floor apartments comprise: a large terrace, an entrance door leading to a living/dining area, a kitchen, two bedrooms plus two fully fitted bathrooms. They will be built using the highest quality materials.

These properties are located in one of the most fascinating and protected areas of the Mediterranean, unique in its beauty, history, dramatic scenery, gentle year-round climate and some of the best food in Italy. The nearest large town is Crotone, which boasts ancient ruins sitting next to the buzzing modern town itself. Crotone is also famous for its local pizza specialities - of which there are too many to describe here, so we recommend you just try them all.

You can take a day trip to Crotone to see its 15th century castle. But, the main attractions in Isola di Capo di Rizzuto are the resorts and beaches. Relax, get a tan and savour local specialities like spaghetti con la neonata, spaghetti with fish sauce. Also, stop at the marine reserve to check out the ecology of the area.

Residencial El Caribe can be reached from two airports, Rome or Milan, with connecting flights to Crotone which is a short drive from the resort.

Bedrooms: Bathrooms: Price (€):
2 2 134,579
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

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €134,579
 

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