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Property for sale information

 
Italy, Calabria, Crotone / Only 100m to the beach and new marina  
Reference nr: LO465071
Description:

This is an exclusive development of 100 2-bed /1-bath apartments designed to a very high specification to suit the needs of the international clientele. This project offers plenty of living space in a tranquil environment. This is achieved with no vehicle access to the central communal area, which contains the swimming pool, 2 tennis courts, kids area and commercial centre which also includes a sauna, gym and spa facilities. With ultra-modern facilities, this resort offers highly desirable features for the discerning buyer.
•Direct access to its own private beach – 100m
•200m from a new 150 Berth Marina
•30 min to the Sila Mountain Ski Resorts
•Crotone Airport 10 min
•Lamezia Terme International Airport 1 hr 35min

Prices start from €125,000 for 2-bed apartments (45 sqm)
Construction Starting October 2008 / Phase 1: 48 Units Released

Facilities on site
•Spa
•Gym
•Supermarket
•Restaurant
•Hair dresser
•Internet Café
•Commercial centre

Nearby Activities
•Skiing
•Golf
•Hunting & Shooting Trips
•Boat Trips
•Bus tours
•Paragliding
•Water Skiing
•Scuba Diving
And many more…

Crotone is a very modern southern Italian town with a business and tourism centre; however once upon a time it was a major reference point of Magna Graecia history and culture. Situated on a low promontory on the Ionian Sea, between the rivers Neto and Tacina, a short distance north of Capo Colonna, it is now a small, modern city. The harbor in Crotone is used by fishermen and Mediterranean yachtsman alike. Anyone that has ventured into this harbor will know that it is surrounded by long, easy beaches that stretch-out on either side of the town itself. Even in the bustling cosmopolitan town you still have some interesting architectural works, including the ruins of two medieval castles and their surrounding fortifications.
We know the Greek mathematician and philosopher Pythagoras, a proponent of autocratic, elitist rule, came to Crotone in about 530 BC and established a school here with many students. The Greeks also established a medical school, famous in its time, and involved themselves heavily in Olympic sports, sending many victorious champions to compete in the Games, including the most famous of all, Milo of Kroton.
All in all, Crotone is a true cosmopolitan city because it offers travelers an unhurried ambience, and an opportunity to connect the present to the long ago, when Crotone, along with many other points along the Ionian Coast were settled by Greeks.

Capo Colonna
A worthwhile excursion from Crotone is to the famed column at Capo Colonna on Calabria's extreme eastern point, for which you have to drive or walk 11 km along the coast. The column is a solitary remnant of a vast structure which served as the temple for all the Greeks in Calabria.

Capo Rizzuto
Riserva Naturale Marina "Capo Rizzuto" covers an area of about 14,721 hectares and extends itself for 40 km of coast. The Protected Marine Area consists of eight promontories: the first on

Bedrooms: Bathrooms: Price (€):
2 1 125,000
Features:
Beach
City
Private Swimming Pool
Ski
Spa
Submission Date:
06-27-2008
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: €125,000
 

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