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Property for sale information

 
San Martinu  
Reference nr: SC600107
Description:

Corsica is the fourth largest island in the Mediterranean Sea. This island is located west of Italy and southeast of France. With breathtaking landscapes and more than 1000 km of coastline, Corsica, “the island of beauty”, is the dream location for nature and sea lovers. Corsica is visited by over 2 million tourists each year.

South of Corsica, Porto Vecchio, the island’s 3rd town is connected with the continent by its port and is less than 20 kilometres away from Figari airport. This region is one of the most beautiful which Corsica has to offer as well that one of the most popular sites.

The San Martinu residence is ideally located near these large beaches, close to Porto Vecchio. Located on a vast area, the 30 villas with 2 to 3 bedrooms are setting in an intimate and natural environment. The architect succeeded to respect the traditional Corsican architecture and landscapes by imagining a residence that fits in perfectly the local style and nature. Each unit comes with an individual parking space and large terrace.

Each of the 30 villas specially designed for the tenant’s comfort have their own individual terrace to enjoy over 300 sunny days per year and the stunning views. This superb development offers magnificent parks and a outdoor swimming pool with a large terrace and a sunbathing area. With an ODALYS management, these apartments are bound to be an excellent investment.

Property Features
Property details:
2 bedroom 47,08m² - 52,61m² €154,252—€167,197
3 bedroom 58,04m² - 58,94m² €185,516—€188,206
Total Units: 20
Residence services:
Management Company: Odalys
Rental Income: 4% or 3.5% + 2 weeks occupation
Payment type: Quarterly
Lease Term: 11 years

Access
By plane : Bastia-Poretta Airport (direct flights from most major European cities)
By boat : Ferry-boats from Marseille. They are also ferry-boats sailing until Bastia, Calvi, Ajaccio, Propriano.
Porto Vecchio city (15 km) – Bonifacio (65 km) - Bastia (128 km) - Ajaccio (134 km)

Bedrooms: Bathrooms: Price (€):
2 1 154,252
Features:
Beach
Private Swimming Pool
Submission Date:
03-19-2008
Advertiser Details:


Name:
Shane Cunningham

Company:
Pruntys Overseas property

Phone:
00353 1 498 3733
Fax:

Mobile:

 
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Calculators

 
Property price: €154,252
 

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