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Property for sale information

 
Italy, Calabria, Soverato / Pre-Launch of New Development  
Reference nr: LO222168
Description:

Pre-Launch of resort complex with only 46 apartments! It is built on a fantastic panoramic elevated position above the town, offering unparalleled sea views, some of the best you could ever experience on the Ionian Coast. It is situated only 900m from the white sandy beaches and local restaurants and is also within close proximity of the nearby Santa Catherina Golf Course.

Airports
• Lamezia Terme – 70 km
• Crotone Airport – 100 km

Train Stations
• Santa Andrea – 2km
• Soverato – 5km


Specification
With only 23 two bedroom apartments on the ground floor with lush gardens and an independent entrance, and 23 two bedroom penthouses on the first floor offering private solariums with over 65m2 of space, each stylishly designed to meet the requirements of our lifestyle focused overseas investors. All the properties will have car and pedestrian access. A gated development with communal swimming pool and lush gardens has been planned using the most recent techniques to ensure maximum functionality and comfort.

• Superior specification
• Kitchens fully fitted with granite worktop
• Bathrooms fully fitted
• All white goods included excluding the dishwasher and washing machine however pre-installation of plumbing for both
• Pre installation of air conditioning
• Pre installation of satellite TV (Sky)
• Communal swimming pool
• Tropical gardens


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


Soverato
The development is comfortably situated between Davoli and San Sostene, only 3 km away from the beautiful Soverato in the Calabrian province of Catanzaro in Southern Italian Riviera. It is one of the most known and beautiful tourist resorts on the Ionian coast, having been referred to as ‘The Gem of Ionian Sea’. This town is characterized by three different areas: the first urban area takes place on the coast, the second one expands on the hill and the third one, which is the highest part of the town, represents Soverato Vecchia (Old Soverato).


Due to the microclimate which engulfs the area, the region offers warm and pleasant weather all year round. The seas are crystal clear and the region is blessed by 800 kilometers of beautiful sandy beaches and hidden coves that attract various water-sports and diving enthusiasts. The fishing port of Soverato is one of the best known and most active ports in southern Italy, ensuring that great seafood is always on the menu of the many restaurants in the region.
Every summer, the town attracts many American Italians returning to their homeland as well as Italians from the North who visit on their holidays every summer. During the summer months, a nightly funfair takes place on the beach which attracts the young and the old alike to party till the early hours of the morning.

Euro 99,900 for 2-bed apartment, 55 sqm plus garden/patio
Euro 125,000 for 2-bed penthouse, 55 sqm plus solarium and terrace
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Bedrooms: Bathrooms: Price (€):
2 1 99,900
Features:
Beach
City
Private Swimming Pool
Submission Date:
07-14-2008
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: €99,900
 

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