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Property for sale information

 
GOLF AND SEAVIEW PARADISE  
Reference nr: Sierra Cor
Description:

This estate is the ideal place to enjoy living in comfort, with a sub-tropical climate, mountain ranges, golf, countless marinas and beaches, an extremely varied mediterranean cuisine, these are only some of the reasons for choosing the Costa Blanca. The complex has all the amenities and services that you could wish for in a residential development. Ample green zones with two swimming pools and within a short stroll from the nearby 18-hole Pitch and Putt course in the Sierra Cortina Resort.With superb views of the sea and mountains providing you with a permanent invitation to enjoy nature at its best. Finestrat village, as many other villages in the surrounding mountain ranges, will more than welcome you to participate and enjoy their traditional cuisine, country landscape, traditional festivities and the genuine friendliness of its inhabitants. This development offers 57 two and three bedroom terraced houses in a total of 12 independant blocks.

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 OLIVOS
Spain, Mediterranean Coast, Finestrat

Two Bedrooms 109m² to 109m² €284,000 to €284,000
Three Bedrooms 131m² to 131m² €362,000 to €362,000


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

Bedrooms: Bathrooms: Price (€):
2 1 284,000
Features:
City
Submission Date:
03-19-2007
Last Update:
07-15-2007
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: €284,000
 

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