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Property for sale information

 
Mar Menor Golf Resort  
Reference nr: GC268822
Description:

Mar Menor Golf Resort consists of superb front line golf apartments close to the sea. The 1, 2 or 3 bedroom apartments are priced from just €166,500 and this new phase of an existing development is due for completion by 2008. All apartments have: Air conditioning Built in Wardrobes Fitted kitchen Lifts Private basement parking with access to apartments The resort initially had 750 homes and has proved so popular that a new phase of building is underway The Jack Niklaus designed golf course has been improved and extended and is now 18 holes The resort is beautifully landscaped with green spaces incorporated into the design, and superlative leisure facilities and services on site Close to nature reserves Services include a 5 star hotel from the Intercontinental Hotel Chain (opening 7th June 2006) Top class clubhouse Sports Club covering 1500 square metres with a gym, swimming pool with children''s area, 5 tennis courts, 2 paddle ball courts, 2 squash courts, Multi sport court with 2 basketball courts, 2 volleyball courts and handball court/indoor football pitch Commercial complex Spacious restaurant and bar Torre Pacheco is just a few kilometres inland from the eternally popular resort of Mar Menor with its world famous Blue Flag beaches and crystal clear salt water lagoons. Torre Pacheco itself has excellent facilities including a public swimming pool, tennis club, leisure centre, a further education college, a secondary school and public library. Excellent communication links – 37km from Murcia and 17km from Cartagena The main railway link between Madrid and Cartagena runs through Torre Pacheco with a train station in town San Javier airport -25 minutes Corvera Airport (opening soon) – 20 minutes Mar Menor Golf resort has already proved itself immensely popular with overseas buyers, hence this new phase of development. Don''t delay if you are interested in purchasing one of these fantastic golf apartments, contact us today.

Bedrooms: Bathrooms: Price (€):
1 1 166,500
Features:
Beach
Golf
Submission Date:
04-16-2007
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: €166,500
 

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