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Property for sale information

 
Atlas Golf Apartments  
Reference nr: GC453159
Description:

Atlas Golf Resort is a magnificent new luxury 5 star golf resort in Marrakech. Located just 4km east of the town centre, in the wonderful district of La Palmeraie, and only 20 minutes from the airport. The beautiful properties are set behind the outstanding peaks of the Atlas Mountains and will have an 18-hole championship golf course on the development. Built for the Government by a leading international developer Atlas Golf Resort spreads over 174 ha in the middle of a myriad of palm and olive trees in a sumptuous setting where green spaces abound alongside the elegant properties. This secure gated community will also include three 4 & 5 star hotels (including the ‘Marriott’), sports and leisure facilities, spa, commercial centre with restaurants & bars, indoor market and wonderful views of the Atlas Mountains. Atlas Golf Resort manages to remain faithful to the traditions inspired by Marrakech, along with a touch of modernity. The properties will be built to an extremely high specification with traditional Moroccan architecture and will all have spacious terraces with great views to the golf, landscaped gardens, communal pools and the Atlas Mountains. FULLY BANK GUARANTEED PAYMENTS: 15% Initial Payment, 25% During Construction, 60% Mortgage GUARANTEED 1, 2 & 3 Bed Golf-front Apartments From £62,700 / €94,000 inc VAT

Bedrooms: Bathrooms: Price (€):
1 1 94,000
Features:
Golf
Submission Date:
12-20-2007
Advertiser Details:


Name:
Gillian Coyle

Company:
CPS Ireland

Phone:
00353(0)61-360799
Fax:
00353(0)61-718869
Mobile:
00353(0)86-3684584

 
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Calculators

 
Property price: €94,000
 

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