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Property for sale information

 
GARAJAU ATLANTIC  
Reference nr: SC01487
Description:

GARAJAU ATLANTIC

OCEANVIEW apartments in Garajau, Santa Cruz, Madeira Island.

This apartment complex is located in a calm, quiet area, at just a 2 minute drive from the expressway, shopping centre and supermarket. 20 -25 min, from the world reknown Palheiro Golf Course. Also in proximity are beach complexes.

An array of amenities are close to GARAJAU ATLANTIC such as:
→ Pharmacy
→ Supermarket
→ Beach
→ Public Transportation


Further information on Caniço & Garajau . . .


Caniço is an important tourist centre about 10 km from the Madeiran capital. It has the typical hustle and bustle of a small town and the seaside area in Caniço de Baixo is a real holiday resort.
Caniço de Baixo boasts a number of hotels, holiday homes with beautiful gardens, and seaside areas.


Garajau is on the coast between Funchal and Caniço. Its name comes from the huge numbers of garajaus (sandwich terns) that nest here.

There is a promontory here, Ponta do Garajau, where you will find a large statue of Christ the King. The Garajau Partial Nature Reserve was set up in 1986.

Thanks to its biological treasures and the extraordinary transparency of the water, the reserve, which has unique conditions for diving, has gained international fame and divers come here from all over the world.


Population: about 20,000
Bathing areas: Praia dos Reis Magos, Galo Mar Bathing Complex
Madeira Islands Official Tourism Website, presents the content of the above "further information" text. For more information on Madeira Island please visit www.madeiratourism.org.

Bedrooms: Bathrooms: Price (€):
2 2 137,500
3 2 157,500
Features:
City
Submission Date:
05-15-2008
Last Update:
10-15-2009
Advertiser Details:


Name:
Pedro Silva

Company:
Futurmade Overseas Real Estate

Phone:
351 291 22 12 48
Fax:
351 291 23 13 50
Mobile:
351 963 04 26 36

 
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Calculators

 
Property price: €137,500
 

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