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Property for sale information

 
Aquapark Apartments  
Reference nr: AM462886
Description:

Fully furnished 2 bedroom apartments from €110,000
The Aquapark Apartments are a new and unique development in Santa Maria on the southern tip of the island of Sal. This tropical park resort is only 300 meters away from the stunning sandy beach of Santa Maria and is only a five minute walk to the town centre.

Block M is the one everybody has been waiting for
Block M will consist of a selection of:
Standard 2 bedroom apartments - 67 sq. metres approx - 2 Bed, 1 Bath, 1 Balcony / Terrace
Luxury 2 Bed apartments - 97 sq. metres approx - 2 Bed, 2 Bath, 2 Balcony / Terrace
Large 3 Bed apartments - 125 sq. metres approx. - 3 Bed, 2 Bath, 1 Balcony / Terrace
Open westerly aspect and just 300 metres from the stunning Santa Maria beach

The complex consists of:
A range of apartments
Swimming pools, including an Olympic sized swimming pool
Bars
Shops
A unique water Park
Casino
Tennis courts
Football pitch
Theatre
Gym
Business Centre
All apartments are 2 bedrooms and range in size from 65 to 127 sq. The entire development is three storey with pools and terraces. All apartments come completely furnished and include:
A fully fitted kitchen, with appliances including pots, pans and cutlery
Living room furniture including TV, light fittings and pictures on the wall
Bedroom furniture, wardrobes, bedside lights, tables and bedsheets
Fully fitted bathrooms with towels
Rental

Cape Verde has 365 days of sunshine per year

In addition to high spec apartments with swimming pools this complex will
have: Water Slides, an Olympic size Swimming Pool, Amphitheatre, Basketball
and Tennis Courts, Football Pitch, Sunbathing Terraces and Pools, disco
Pub, Restaurant, Meeting halls, and Casino.

There is no existing or currently planned development which matches or
comes close to matching the attractions offered here.

In addition, all the units on the ground floor to the front will operate as
privately owned shops, restaurants, and businesses of every description. The
Tropical Park section houses an Hotel and another huge Restaurant.

This complex is designed for year round tourism and rental and we now present a very conservative calculation of the likely rental returns:

Aquapark Apartments – 2 bed (67 m sq.) Average Year


Commercial Units also available from €80,000

Bedrooms: Bathrooms: Price (€):
2 2 110,000
Features:
Beach
Submission Date:
02-26-2007
Advertiser Details:


Name:
Aoife Mcnamara

Company:
Belmore International

Phone:

Fax:

Mobile:

 
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Calculators

 
Property price: €110,000
 

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