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Property for sale information

 
Tunisia, Sousse, Port El Kantaoui - High Rental Yields and excellent growth potential  
Reference nr: LO855899
Description:

WHY BUY PROPERTY IN TUNISIA
- Low property prices
- High Rental Yields
- Dubai developers investing heavily
- High rate of growth
- Low rate of inflation
- Most stable country on the continent
- Very cosmopolitan society
- Modern thinking nation
- Excellent relations with EU
- Relaxed restrictions on foreign ownership
- Fantastic Infrastructure
- Many direct flights from the UK & Europe
- 3 hours from UK / less than 2 from Europe
- Great weather all year round

Development Overview
Situated on Tunisia’s “Gold Coast“, within easy reach of its most exclusive resort Port El Kantaoui, this development is a beachside development situated conveniently between two of Tunisia’s busiest airports offering direct and inexpensive flights to major European cities. The development itself comprises of studios, one, two and three bed apartments in a low rise setting in a prime residential area close to all facilities including a 36-hole golf course, marina and restaurants. The resort is directly located next to glorious white sandy beaches that stretch as far as the eye can see.

The resort offers on-site world class Thallasso Spa facilities including an indoor swimming pool, Turkish baths, a sauna, gymnasium and beauty & massage treatment rooms with discounts for residents. One can enjoy a massage on the exclusive private beach set aside for residents only or play a round of golf at the finest African golf courses located on your doorstep. It is a gated 5 star resort offering 24hr security and concierge facilities as well as on-site amenities including a restaurant, snack bar, supermarket, bank, bakery and a rental management company. Rental income is very high in this region due to the strength of the local, neighbouring and European markets ensuring yields are between 10% and 14% per year.

PRICES FROM EURO 25,995 FOR STUDIO
FROM EURO 49,900 FOR 1-BED, 1-BATH

Development Facilities
- 5-Star beach, spa and golf resort
- 100m from an exclusive private beach for residents only
- On-site 1st class Spa facilities with 20% discount for residents
- Gated community
- 24hr Security and Concierge
- Underground and off-street parking
- Two outdoor pools with lounge facilities (one adult and one children’s pool)
- Whirlpool Jacuzzi
- Poolside cabana bar
- Indoor pool in the Spa centre
- On-site rental management agency with only 10% fees
- Laundry and cleaning service from as little as €1 per hour
- Optional Platinum service for seniors offering full services including airport transfers and welcome packages
- Satellite Television
- Video Entry System
- Private beach
- Electrical and water connection included
- Low community fees
- Show-apartment on-site


Close-by facilities
- On the doorstep of two world class 18-hole golf courses
- 20% Golf Discount Card for residents
- Water Sports/Fishing/Diving and Boat excursions running all year around
- Cultural excursions including Arabian nights and Belly dancing shows
- Shopping centres
- Excellent international cuisine
- Palm tree lined promenades
- Children’s water and theme parks including a petting zoo
- H

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 25,995
1 1 49,900
Features:
Beach
City
Furnished
Private Swimming Pool
Spa
Submission Date:
07-24-2008
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: €25,995
 

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