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Property for sale information

 
Mediterrania Saidia  
Reference nr: GC229578
Description:

Located along a stretch of unspoilt beach bordering Spain's north African enclave of Melilla, the front-line beach and golf resort of Mediterrania Saidia will consist of apartments and villas, as well as eight luxury hotels, a commercial centre with shops, restaurants and cinemas, an equestrian centre, thalassothermic spa facility, aqua park, gym and sports centres. Three 18-hole golf courses in the central area of Mediterrania-Saïdia, and a 740-berth marina will complete the perfect resort environment.
Some 60km from Melilla, Oujda and Nador airports, Saidia is renowned for its beautiful, clean, sandy beaches and crystal-clear water. Saïdia itself is a pleasant resort town with a 17th century fortress and a 19th century kasbah that makes a great base for excursions. The area is ideal for all types of watersports, with a lovely bay providing a safe place for sailing. Every August, the Music and Popular Arts Festival gathers thousands of visitors to the town. The area is surrounded by a natural bird preserve of marsh and woodland.
These 3 bedroom villas are situated mainly front and second line to the golf course.
Plots vary in size up to 1,000m2 allowing plenty of room for your own private swimming pool. There are two styles to choose from both with 3 bathrooms (one en-suite), extensive terracing and roof-top solarium.

Bedrooms: Bathrooms: Price (€):
3 2 320,000
Features:
Beach
Golf
Spa
Submission Date:
04-10-2007
Last Update:
01-04-2008
Advertiser Details:


Name:
Gillian Coyle

Company:
CPS Ireland

Phone:
00353(0)61-360799
Fax:
00353(0)61-718869
Mobile:
00353(0)86-3684584

 
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Calculators

 
Property price: €320,000
 

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