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Property for sale information

 
Mirador Development  
Reference nr: UP360205
Description:

Would you like to own a 3 bedroom apartment, townhouse or villa, in the sun for as little as £15,000?

This is now possible on the Mirador development in Corralejo, Fuerteventura.


100% Mortgages available

With completion of phase 1 of this stunning development set to start from June 2007, the developer, Maexpa-Arista had instructed their bank, Banco Pastor, to carry out sample valuations.

These have now been done and due to the significant increase in property values in Fuerteventura these are sufficient for Irish residents to be able to obtain a mortgage to cover the full purchase price.


The only monies that you need to have is sufficient to cover the purchase costs, i.e. I.G.I.C (Canarian Taxes), mortgage set-up costs, notary and land registry.

These are normally between 10 & 12% of the purchase price of the property.

Town house
 bedroom: 3
 bathroom: 2
 exterior: 59 to 168 m²
 garage: Off road parking
 roof terrace: 42
 interior: 109 to 111 m²
 Price From: 233.000 Euros
 Price To: 246.000 Euros

Apartment
 bedroom: 3
 bathroom: 2
 garage: yes
 roof terrace: 95.45
 garden: 24 to 260
 interior: 112 to 116 m²
 Price From: 198.000 Euros
 Price To: 227.800 Euros

Villa
 bedroom: 3
 bathroom: 2
 roof terrace: 42 to 55
 exterior: 173 to 563 m²
 interior: 113 to 118 m²
 Price From: 253.200 Euros
 Price To: 367.000 Euros

Studio
 bedroom: 0
 bathroom: 1
 garden: 20 to 96
 interior: 71 to 85 m²
 roof terrace: 71 to 85
 Price From: 136.700 Euros
 Price To: 151.000 Euros

Property Information

To live in Mirador is to have everything you always desired at your fingertips. Presenting a new concept of quality of life and a unique setting for those who know the secrets of enjoying the good life, it is now possible to take your pick of sea, sports and tranquillity. The beautiful and practically virgin beaches that go on forever invite you to lose yourself in the sand and sun and to enjoy the perfect union of natural elements, silence and the tranquillity of its hidden spots.

Mirador is a residential complex consisting of detached and semi-detached villas, townhouses, apartments and lofts, situated in magnificient natural surroundings overlooking the Dunas Nature park and Isla de Lobos.

The complex is equipped with the finest communal leisure facilities and security systems, including paddle tennis court, communal swimming pool for adults and children with adjoining spa, perimeter wall with motorised gate and pre-installed private alarm systems for intruder alert in the homes.


This does not apply to the Studio Lofts.
Mirador represents the height of magnificient surroundings, enhanced by the highest standards of cons

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 130,000
Features:
Beach
City
Golf
Ski
Submission Date:
04-18-2007
Last Update:
06-05-2007
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €130,000
 

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