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Property for sale information

 
COSTA BLANCA LUXURY VILLAS  
Reference nr: Sierra Cor
Description:

In an enviable and privileged setting, this complex of Mediterranean villas will surely meet with the most demanding expectations. This housing estate is distributed in a total of 39 independant villas with 3 and 4 bedrooms where space and light find their place, combining perfectly the luxury of the independant villa with the comfort of all the necessary services close by. Private garden areas ranging from 325m2 to 572 m2, constructed with first class building materials, Hydro-massage bath, tv, fm and telephone sockets in living room, kitchen and all bedrooms. Fully fitted air-conditioning (2 units) and pre-installation for heating. Audio & video installation by Bang & Olufsen. Fully installed alarm system.The singular appearance of Los Arcos together with the exclusive equipment and the selection of quality materials, its ideal location that blends in harmony with nature, distinguishes it from many other villa developments.

Sierra Cortina Resort, with a total surface area of one million m2, includes the construction of a luxury hotel zone surrounded by a wide variety of facilities such as restaurants, shopping centre, social club, squash court, paddle and tennis courts, riding school and other complementary services such as permanent surveillance, catering, nursery school, laundry, gardening, cleaning and general maintenance of your property, etc. Part of the "Special Theme Park Plan", representing an area of 10 million square metres between the municipalities of Finestrat and Benidorm devoted to sport and leisure, with hotel and residential areas connected by wide boulevards and landscaped avenues directly linked to the CN-332 A-road and the A7 Motorway. Other facilities near Sierra Cortina resort included in the Special Plan are: the Terra Natura nature park, two golf courses designed by Jack Nicklaus, and the large Terra Mitica theme park, symbol and driving force of the whole area. Within this area of expansion, there are Shopping Centres, Superstores, Cinemas, Leisure Centres, Hypermarkets and all kinds of services, with the Casino Mediterraneo and the Regional Hospital just five kilometres away.




SIERRA CORTINA - LOS ARCOS
Spain, Mediterranean Coast, Finestrat

Chalets / Villas / Estates 159m² to 204m² €505,000 to €630,000


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 6.00%

Bedrooms: Bathrooms: Price (€):
4 1 505,000
Features:
City
Submission Date:
03-19-2007
Last Update:
05-09-2007
Advertiser Details:


Name:
IMOINVEST International

Company:
IMOINVEST International

Phone:
+353 (0)1 443 4411
Fax:
+353 (0)1 616 98 34
Mobile:

 
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Calculators

 
Property price: €505,000
 

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