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Property for sale information

 
Jalaka Parnu Estonia  
Reference nr: SB100253
Description:

This luxury development is located right in the heart of Parnu, Estonia's summer capital, and offers beautiful studio apartments from just £49,995. Completion Spring 2008.


Parnu, Estonia - Prices starting from £49,955 for a studio apartment. This luxury development is located right in the heart of Parnu, Estonia's summer capital. The properties face a beautiful park area and are located less than one minutes walk from the shopping area, and ten minutes walk to the beach. Completion is scheduled for April 2008.

Already a favourite with scandinavian tourists, Parnu is growing increasingly popular with Western European sun seekers, keen to enjoy Parnu's vibrant atmosphere, it's typically Estonian charm, and it's wealth of restaurants, bars and clubs.

Ranging from studio to 2 bed apartments, all have balconies and living rooms that face the sun. Most apartments also have a sauna and storage room in the basement, as well as parking facilities.

Key Facts:

* Located in the centre of Parnu - 1 minutes walk to shops and market
* Completion April 2008
* All apartments have balconies with most having a sauna
* 10 minutes walk to the beach
* Sizes from 36.9 Sqm - 74.8 Sqm
* 85% LTV financing available
* High quality construction and building materials
* Apartments include Interior finishing
* Connection to power network, water supply and sewerage



About Parnu

Parnu is Estonia ’s main seaside resort, situated on the Western coast of Estonia, 1.5 hours from Tallinn. The Old Town is between the Parnu River and the Sea, making it feel like an island. But it's more than just a summer town. It is also a place for conferences, theatre performances and concerts. Besides being a much loved holiday resort, Pärnu is also a harbour town and a university town.

The sleepy rhythm of Pärnu changes completely in the summer – life on the beach, dozens of festivals, night clubs and a lively buzz in the air. The healing qualities of bathing in the sea at Pärnu was discovered by the Baltic Germans some 200 years ago. And now, in the 21st century, the area is enjoyed by Scandinavians and the rest of Europe. Mud baths, spas and recuperation centres are very popular.

The attraction of Pärnu lies in the shallow sea bay, which becomes warm in June, and the wide, fine, white sandy beaches. The sun is particularly strong because of its position in the sky - that, and the clean sea air leave you feeling very relaxed and healthy! If beachlife is not for you, how about hiring a bicycle or some roller blades? Pärnu is also celebrated for its meticulously well-kept parks and for its stunning architectural landscape.

Spring or Autumn is the time to visit to avoid the holidaymakers, but if you visit in the winter, the bay and Parnu river are completely frozen, and you'll see people out on the ice, making holes and fishing. The yachts on the bay are replaced with ice-yachts and skaters.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 65,653
1 1 107,384
2 131,261
Features:
Beach
City
Submission Date:
01-16-2008
Advertiser Details:


Name:
Stewart Black

Company:
Property Gem

Phone:
0044 20 7430 0262
Fax:

Mobile:

 
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Calculators

 
Property price: €65,653
 

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