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Property for sale information

 
The Old Mill Tuscany  
Reference nr: KH958205
Description:

The Old Mill is situated in a quiet and relaxing corner of northern Tuscany, set alongside the delightful town of Bagni de Luca. This charming place is surrounded by wooded hills and winding streams, a lovely unspoiled area where many city dwelling Italians choose to have their second homes. Close by you’ll find two spas, a thermal beauty centre, and two natural steam grottos and also a large communal lido where visitors can relax & swim in the thermal waters plus an indoor thermal pool for year round use.

For 200 years this unique building was a working mill. Today, permission has been granted for 45 charming riverside apartments. The property is protected under the ‘Belle Arte’ which means all original features must be restored to their former glory.


An ideal location for total rest and relaxation!!!


- Only 35% deposit


- Studios, 1 +2 beds & duplexes available


- 19th Century renovated Old Paper Mill


- 2 spas, a thermal beauty centre and 2 natural steam grottos


- Direct flights from UK & Ireland


- Affordable


- Air Conditioning


- Amazing location!!


- Bars & restuarants nearby


- Excellent Investment Potential


- Hot and cold air-conditioning


- Individual Car Parking


- Landscaped grounds with pool


- Lift capacity for 6 persons


- Local amenities nearby


- Picturesque Views


- Tennis courts


Completion Date: Dec 2008


Key Features


*19th Century renovated paper mill.


*Typical Tuscan features including beamed ceilings.


*Fabulous views over river & surrounding hills.


*Riverside setting between two delightful villages, both within 5 minutes walking distance.


*A Spa town since Roman times. Famous visitors include Byron, Shelly & Puccini.


*Close to a large public bathing resort with 2 thermal pools, one for children.


*Close to the ski resort of Abetone (45 km/28 miles).


*Pisa airport 45 km/28 miles


*Excellent rail connections to Pisa and Lucca.


*The beaches of Versilia (Marina di Pietrasanta, Forte dei Marmi, Viarreggio etc.) 45 km/28 miles.


*New road link to Lucca, (23 km/15 miles) makes magical Tuscan cites including Florence, even closer.


*Freehold properties.


*Excellent future potential investment growth.


*Marketing service for rental available.


*Finance service available.


PAYMENT STRUCTURE:


3,000€ Reservation fee (Refundable)


35% to be paid in 30 days (less reservation fee)


65% on completion

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 100,900
1 1 115,000
2 1 156,750
Features:
City
Ski
Spa
Submission Date:
10-31-2007
Last Update:
11-02-2007
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: €100,900
 

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