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Property for sale information

 
Marina Caribe - Porlamar 6 % for 10 years  
Price: from € 67,000
Mortgage & ROI calculators »
Type: Apartment
Country: Caribbean
Porlamar
Margarita Island


Reference nr: PE563039
Description:

Guaranteed Rental: 6% for 10 years

Pre-Release Apartments beside Hilton Hotel! This superb Apart-Hotel development comprises of studio's one and two bedroom apartments, with 184 units in total and will operate as a hotel, but also offers all it's facilities for those simply seeking a fabulous holiday home in the Southern Caribbean sunshine.

The complex has a children's play area, lower level bar and restaurant, panoramic restaurant on the upper floor, 700 seat conference areas and roof top spa and swimming pool.

Guaranteed rental income available for 10 years, with a minimum 6% return for the first year.

All apartments come fully furnished and with air-conditioning and all have sea and marina views.

Studios 45m2 from only €67,000;

Features:
Air conditioning, Fitness Centre, Garden (shared), Parking, Pets allowed, Pool (shared), Sauna (shared), Terrace / Deck


Furniture Information:
All furniture is included with air conditioning!

Amenities:
Beach, Cinema, Designer Shops, Golf, Medical facilities, Nature & Conservation, Shops & Restaurants

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 67,000
1 1 83,603
Features:
Beach
Golf
Submission Date:
03-22-2007
Advertiser Details:


Name:
Paul Egan

Company:
Astute Property International

Phone:
+353.1.6104542
Fax:
+353.1.6104166
Mobile:

 
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Calculators

 
Property price: €67,000
 

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