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Property for sale information

 
Calabria, UP TO EURO 1,000 REFUND WITH PURCHASE OF UNIT VALID UNTIL 14TH MARCH  
Reference nr: LO629511
Description:

San Sostene Resort is built on a fantastic panoramic elevated position above the town, offering unparalleled sea views, some of the best you could ever experience on the Ionian Coast. The resort consists of 140 1-bedroom apartments and 3-bedroom townhouses, each stylishly designed to take into consideration the needs of the western European.

San Sostene Resort is situated a short distance from the white sandy beaches and local restaurants and is also within close proximity of the nearby Santa Catherina Golf Course.

• Starting February 2008
• Completion 18 months later
• High Rental in Summer to Italians
• Expected Rental Yield 9%

Specification
• Superior Specification
• Fully Fitted Kitchen
• All white goods included (excluding the dish washer and washing machine however the plumbing will be installed)
• Car Parking Space

On Site Facilities
• Shops
• Restaurants
• Bar
• Beach Bar
• Fitness Suite
• Internet Café
• Picnic Area
• Kids Play area
• Swimming Pools
• Tennis
• Volley Ball
• Water Sports


Nearby Activities
• Skiing
• Golf
• Hunting & Shooting Trips
• Boat Trips
• Bus tours
• Paragliding
• Water Skiing
• Snortling
• Scuba Dining


And many more…

San Sostene is a beautiful quaint little town in the province of Catanzaro in the Calabria region of Italy. It is one of the smallest towns in the province of Catanzaro. As of 2007, San Sostene had an estimated population of 1,130. San Sostene is 5 mins from Soverato, 15 minutes away from the town of Catanzaro, and just 35 minutes drive from Lamezia Airport which offers direct and indirect inexpensive flights from London. A new motorway is currently being built that will cut this journey time to just 20 minutes.

Soverato
San Sostene Resort is situated near the beautiful Soverato in the Calabrian province of Catanzaro in Southern Italian Riveria. It is one of the most known and beautiful tourist resorts on the Ionian coast, having been referred to as ‘The Gem of Ionian Sea’. Catanzaro is a very wealthy, affluent city and also the region capital.
Due to the microclimate which engulfs the area, the region offers warm and pleasant weather all year round. The seas are crystal clear and the region is blessed by 800 kilometers of beautiful sandy beaches and hidden coves that attract various water-sports and diving enthusiasts. The fishing port of Soverato is one of the best known and most active ports in southern Italy, ensuring that great seafood is always on the menu of the many restaurants in the region.


Nightlife in Soverato is mixed and varied, ranging from the lively beachside bars and restaurants to the picture.

Bedrooms: Bathrooms: Price (€):
1 1 70,035
Features:
Beach
Golf
Ski
Submission Date:
12-09-2007
Last Update:
06-16-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €70,035
 

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