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Property for sale information

 
Jewel of The Sea  
Reference nr: KH959184
Description:

* Beachfront Development*
* 360 Days Sunshine*
* Proposed Golf Course beside resort*
* Ski Resort 1 hours drive away*


Jewel of the Sea is a spectacular, ultra-modern development of beachfront properties, perfectly placed at the very centre of the Mediterranean surrounded by miles upon miles of glorious white sandy beaches, clear blue skies and an awe inspiring backdrop of majestic mountains.
Known to Italians for years as the real Italian Riviera, this sun-soaked corner of Southern Italy is emerging as the most exciting holiday home location in Europe.



Built to the highest European specifications, with full government bonded guarantees, Jewel of the Sea is a frontline beach gated community with the full range of on-site modern facilities.

There will be:

Beach Bar
Restaurant
Clubhouse
Fitness suite
Spa
Sauna
Jacuzzi
Swimming Pools
Tennis Courts
Hairdressers & Beauticians
Secure Childrens Play Area
Everything you need for your comfort and convenience.



Aspromonte - Skiing

Apartments & Villas

The resort offers a choice of 1 and 2 Bed apartments and 3 Bed Villas.

The apartments are elegantly designed over two levels. Many apartments have a front terrace (most with seaviews) and a back terrace overlooking the scenic mountains.

The apartments and villas have their own private entrances, come with with white goods, fully fitted kitchen and bathroom, Sky TV, internet connection and optional airconditioning.

All leisure amenities are available free of charge to residents.

In this new emerging region, property prices in the Jewel of the Sea are very affordable with one bed apartments starting at €76,000 and two bed apartments starting at €100,000, making this an exciting investment as well as the perfect home abroad.

The resort is just 40 minutes from the international airport, and once the resort is completed a proposed shuttle service will run between the resort and the airport.

Half an hours drive up through the wonderful and breathtaking mountains brings you to the many mediaeval walled villages located there.

The famous Aspromonte National Park and ski resort is just an hours drive away.

There is an international golf course just half an hours drive away.

The local village located just 2 km away has all the amenities, with a shopping centre, a modern medical centre, restaurants, banks, and elegant boutiques and everywhere the warmth of the famous Calabresi hospitality is found.

The development is a partnership between a prominent Irish developer and an Italian developer.

Payment Plan:

€3000 reservation fee
50% on contract
50% on completion

Construction is due to start in June 2007 and completed in 2 years approx.

All apartments have 100% bank guarantee as outlined by Italian law
All of the apartments have a full 10 year warranty against any structural defects of the construction.
Most of the units will have an unobstructed view to the sea.
All apartment blocks will be low rise (just ground floor and first floor), every apartment has its own private entrance.
Apartments are located in

Bedrooms: Bathrooms: Price (€):
1 1 88,000
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: €88,000
 

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