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Property for sale information

 
Calabria, Italy - Palm View  
Reference nr: TS814558
Description:

This stunning new development is ideally located with great views of the shoreline and mountains.

50 metres from the beach
10 minutes walk from the town & shops
Furniture pack included
45 minutes from the airport
All property bank guaranteed
Freehold property
Superb region for capital growth
Emerging area in a stable economy

Location:

An easy drive from Reggio Airport, Brancaleone is an ideal holiday location for all ages. Whilst it is famous for its long stretches of sandy beaches and crystal clear waters, it is well placed for year round visitors to enjoy the vibrant culture and character of Calabria. It is a typical, charming Italian town with a multitude of bars, patisseries, restaurants and small shops all jostling for business in its quaint alleys and streets. The promenade has numerous bars and of course one speciality found all over the country, ice-cream! Fresh fruit and vegetables still have the smell of fresh, recently harvested produce, together with fish caught locally. A multitude of specialities in the cake area and a fine selection of wines all at unbelievably reasonable prices, make for a hugely contented lifestyle.

As a base, Brancaleone gives easy access to numerous historical attractions including Greco – Roman ruins as well as being close to the Aspromonte National Park and the mountains which offer skiing in the winter. For the serious shopper, Reggio is a short drive away and apart from the well known designer labels, the city offers glamorous shops, a historic maritime and heritage museums, countless bars and restaurants and a sophisticated night life.

The Development:

This small, low-level, low density boutique style development is built in a slightly elevated position only metres away from the beach and minutes away from the local bars and restaurants of Brancaleone. It offers unparalleled sea views and is sited to take full advantage of the suns rays from dawn till dusk. With a backdrop of the snow covered mountains, Palm View consists of only 42 apartments clustered around four swimming pools in lush garden surroundings. The properties are stylish, spacious and comfortably designed with all the modern amenities and conveniences expected by discerning purchasers.

The Front Apartments:

These beach view apartments are all within a stone's throw of the beach. Each of the spacious units comes with its own balcony or garden and will be finished to the highest of standards. The included furniture pack can be upgraded at any time and these will be available for viewing at the show room, only 1 km away from the development.

The Rear Apartments:

These exclusive elevated beach view apartments are not only spacious but well designed to give that luxury feel.

Payment Terms:

€3000 reservation fee
50% (less the €3000) due in 30 days
50% due on completion

INSPECTION VISITS FROM €99

Bedrooms: Bathrooms: Price (€):
2 1 115,000
Features:
Beach
Furnished
Private Swimming Pool
Submission Date:
07-10-2008
Advertiser Details:


Name:
Tam Stanley

Company:
Property Growth International

Phone:
0044 845 050 1414
Fax:

Mobile:
00447970836904

 
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Calculators

 
Property price: €115,000
 

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