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Property for sale information

 
Monte Mayor Golf & Country Club, Costa del Sol  
Reference nr: JM166309
Description:

With 1,000 acres of land in the heart of the Costa del Sol, a championship golf course and a wealth of on-site facilities available, Monte Mayor is one of the finest new resorts situated in the Costa del Sol.

With security and privacy assured, Monte Mayor provides a level of tranquillity rarely seen in the popular Costa del Sol region, distinguishing it amongst other resorts dispersed along the coastline. The flagship Spanish project of world renowned developer La Perla International Living, Monte Mayor is set in two valleys and over 60% of this new community is now complete.

With 275 individual plots of land, where the developer will assist the buyer in the creation of their bespoke luxury home, 135 two to four bedroom townhouses and 230 apartments available, no other project in southern Spain offers such low density.

The townhouses will offer not only 5-star on-site services but owners will also enjoy the worldwide rental opportunities La Perla Club & Hospitality Services will coordinate on their behalf. All visitors of these first class townhouses will consequently receive a level of on-site service witnessed in the world's finest hotels, whilst owners will enjoy the investment benefits.

Along with an on-site restaurant, leisure centre, state of the art health spa, heated swimming pools and clubhouse, there is also the Monte Mayor golf course. The course became an instant legend from the moment it opened in 1989. Spectacularly located and captivatingly beautiful, it inspires the utmost respect and admiration in golfers from around the world. Created by respected course designer Jose Gancedo, the course optimises the undulating mountain topography that existed at the resort to amazing levels, creating not only a challenging course but a stunning backdrop for the properties.

250 acres of Monte Mayor has also been prioritised as a nature reserve where residents and guests can enjoy the plethora of walking, cycling and horseback trails whilst viewing the indigenous wildlife at first hand.

For international travel, Malaga Airport is just a 25 minute drive from Monte Mayor, with the world famous Costa del Sol coastline just a 15 minute drive.

Current prices for the townhouses at Monte Mayor range from £396,000 to £705,000 with plots available from £244,000.

Prices subject to currency fluctuation, all contracts take place in euros.

Bedrooms: Bathrooms: Price (€):
3 3 550,000
Features:
Golf
Spa
Submission Date:
01-17-2008
Last Update:
11-25-2008
Advertiser Details:


Name:
PURE International

Company:
Pure International

Phone:
00353 1 669 4763
Fax:

Mobile:

 
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Calculators

 
Property price: €550,000
 

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