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Property for sale information

 
Alcudia Smir  
Reference nr: JF820648
Description:

Situated just 200 metres from the beach, at Fnideq and only a few kilometres from Ceuta and the town of Tetouan, Alcudia Smir is one of a new generation of developments, providing luxury properties, superb amenities and a sense of community.
The Spanish and Arabic influence is evident in the architecture, resulting in attractive, contemporary buildings, with more than a hint of cross pollination of style, from its nearby Spanish neighbour. Interior features include fully-fitted kitchens, bathrooms, whilst the open-plan living and dining areas, make the most of the space and natural light. Each residence features ample terraces bringing the outdoors in, providing ideal space for al-fresco dining or entertaining.

Facilities:
Direct, private access to beach & beach bars
Beach front Promenade with walks to Findiq, Marina Smir and M'Diq
Fitness Centre & Spa facilities
Beautiful swimming pools set in tropical landscaped gardens
Private, exclusive gated resort with 24/7 security
Commercial centre with shops, restaurants, bars & other facilities
4 Star Hotel with restaurants & bars
Royal Cabo Negro Golf Course just 10 mins away
New golf course being built adjacent to Alkudia Smir
Water Park 2 mins from resort.

1 to 3 bed apartments are available with spacious terraces or private gardens on the ground floor. with a build size starting from 48m2 for the 1 bed apartments, 70.9m2 for the 2 bed apartments and 92.6m2 for the 3 bed apartments.

Completion date for the first phase of apartments is the end of 2008. Completion date for the whole development is 2010.

Payment terms are as follows:
€3,000 Deposit
20% on final contract
10% during construction
70% on completion

Bedrooms: Bathrooms: Price (€):
1 1 104,059
2 2 113,620
3 2 145,688
Features:
Beach
Submission Date:
03-07-2008
Last Update:
03-13-2008
Advertiser Details:


Name:
John Flattery

Company:
Martinsa Fadesa Ireland

Phone:
00353 1 6619177
Fax:
00353 1 6760540
Mobile:

 
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Alcudia Smir

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Alcudia Smir
 
Calculators

 
Property price: €104,059
 

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