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Property for sale information

 
Pizzo, Calabria, UP TO EURO 1,000 REFUND WITH PURCHASE OF UNIT VALID UNTIL END OF MONTH  
Reference nr: LO203240
Description:

Pizzo Hidden Paradise is a luxurious development of 50 semi-detached villas situated on the shore of the Tyrrhenian Sea and within a short 15 minute drive of Lamezia International Airport offering direct and inexpensive flights to the UK. Construction is already at an advanced stage with over 50% villas already built.

In front of the development you will have landscaped gardens which will also incorporate 2 outdoor swimming pools and an open air amphitheatre where you can enjoy the culture and atmosphere of true Italy. It is also important to note that there is an ancient forest of pine and eucalyptus trees separating the development from the beach, which is only a short 5 minute walk away from the resort.

Pizzo is one of the most renowned towns in the Vibo Valentia province on the western coast of Calabria. The town is a well-known and popular seaside resort as well as a thriving fishing center. Pizzo and the province to which it belongs to, Vibo Valentia, is famous for its scenic rugged coast, long sandy beaches, pleasant climate and the best ice cream in the world. The region is steeped in history, with its roots dating back to 7th century BC when it originally became inhabited as the Greek colony of Hipponion.



•High rental yield
•Car parking included in the price
•Bathrooms fully fitted – choice of finish
•High specification


Facilities
•2 swimming pools
•Outdoor Amphitheatre
•Forest relaxation area
•5 minutes walk to the beach


2-bed, 2-bath or 3-bed, 2-bath available
Construction has already begun. Completion: March 2009

Prices start from €264,500 for 2-bed, 2-bath

Payment Plan:
€3,000 reservation
45% on issue of contract
55% on completion


PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.

Bedrooms: Bathrooms: Price (€):
2 2 264,500
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
04-18-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €264,500
 

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