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Property for sale information

 
Santa Clara Dunas 5* Resort  
Reference nr: DS424114
Description:

Santa Clara Dunas Suites & Villas 5* Resort, Fuerteventura launches in the Adams Suite of the Shelbourne Hotel, St. Stephen's Green, Dublin 2 on January 30th 2008, from 6 p.m.

The Santa Clara Dunas Suites Luxury Resort is situated in the exclusive area of Parque Natural overlooking the stunning dunes with views of the sea and the Islands of Lanzarote & Los Lobos.

Fitted throughout with the highest quality materials, fixtures and furniture, all of which is included in the purchase price, other facilities in the Santa Clara Dunas resort include a spacious spa, hairdressers, massage, swimming pool, mini-golf, tennis courts, restaurants, commercial facilities and ample car-parking. Combining the luxury, quality and excellence expected from a leading Spanish residence with the kind of visionary investment opportunity only a growing market like Fuerteventura can offer, Santa Clara Dunas is ideal for investment clients looking for a property with good rental yields and personal access for up to 4 weeks per year.

The Rental Return Options

5% guaranteed rental option and 80% profit share option available.

With prices beginning at €186,000 for 1 bedroom suites, and 2 bedroom suites & bungalows starting from €276,000, the area itself in the north of the island is highly sought after. Rental yields are very attractive and the five star Santa Clara Dunas Hotel will be on a par with Fuerteventura's renowned Kempinski Bahia, a five star property currently running at over 80% occupancy, with an average minimum room rate of €240 per night. The Canary Islands provide consistently valuable investment opportunities, and property prices have risen dramatically in recent years with five star hotels having an average minimum occupation rate of 60% +.

5* Apart-Hotel leaseback investment

* Ocean Properties based on site for duration of construction
* Full legal & financial services provided
* Site inspection visits
* Combine owning a property & business
* Enjoy 4 weeks usage in 5* Luxury
* Fully furnished
* First class location
* High yield annual tax free returns
* Prices from €186,000
* Lifetime rental on your property
* High capital appreciation
* Property professionally managed and marketed on your behalf
* No concerns on future rental of your property
* Fuerteventura voted number 1 holiday destination
* Pay your mortgage and still have money left over


Inspection trips can be arranged at any time, usually lasting 2-3 days, and fully escorted. With frequent and cost-effective flights from Dublin and Shannon to Fuerteventura with Ryanair, as well as regular scheduled services with a variety of charter airlines, access could not be easier.

Buying property overseas, whether purely as an investment or for personal use and pleasure requires expertise, local knowledge and optimum timing. Ocean Properties are an Irish real-estate company with offices in the heart of Corralejo, Fuerteventura and in Cork.

Bedrooms: Bathrooms: Price (€):
1 1 186,000
Features:
Beach
Furnished
Spa
Submission Date:
01-18-2008
Last Update:
01-18-2008
Advertiser Details:


Name:
Declan Scott

Company:
Ocean Properties LTD

Phone:
00353862482438
Fax:

Mobile:

 
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Calculators

 
Property price: €186,000
 

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