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Property for sale information

 
Saranda Waterfront Apartments  
Reference nr: PG958586
Description:

Sarande Waterfront Resort is undoubtedly the closest development to the sea in Sarande, this high class development of villas and apartments will set a new standard for properties in Sarande due to their prime location and excellent leisure facilities.

This luxury development consists of one bed sea view apartments and two bed water front terraced villas which will always retain their panoramic sea view. All apartments come with an allocated parking space and the Resort will have full facilities including swimming pool, beach bar, restaurant, gym and shops.

This is a fantastic opportunity to purchase the best possible location in Sarande in a rarely available waterfront development.

The thirteen waterside 2 bedroom terraced villas have a large living room with kitchen / dining area, shower room, evergreen back door patio and spacious veranda on the ground floor and two good sized bedrooms and large balcony on the first floor. The total area of each one is 124 sqm and the price is 1,300 Euros per sqm. The total price of each villa is 161,200 Euros and is subject to a buyers fee of 3% of the purchase price.

The apartments on the second line comprise of a large living room with kitchen / dining area, one bedroom, shower room and 2 balconies. Each apartment will have an excellent view of the Ionian Sea, has a total area of 70 sqm and is priced at 1,000 Euros per sqm. The total price of each apartment is 70,000 Euros and is subject to a buyers fee of 3% with a minimum of £2,000.

The apartments on the third line also comprise of a large living room with kitchen / dining area, one bedroom, shower room and 2 balconies. Each apartment will also have an excellent view of the Ionian Sea. These apartments are slightly larger at 72.1 sqm and are priced at 900 Euros per sqm. The total price of each apartment is 64,890 Euros and is subject to a buyers fee of 3% with a minimum of £2,000.


Reasons to Invest in Sarande Waterfront Resort

• Completed waterfront villas at 1,300 Euros per sqm
• Completed uninterrupted sea view apartments from 900 Euro per sqm
• Excellent sea front location and less than 5 mins to the centre of Sarande
• Unparalleled Resort Facilities including Swimming Pool, Gym, Beach Bar, Restaurant, etc.
• Expected Capital Growth, minimum of 15% in 2008
• Rental Yields from 6% with huge potential to increase
• Low Purchasing, Running and Selling Costs
• Excellent Staged Payments
• Full Service Purchase, Rental and Property Management Service Available

Bedrooms: Bathrooms: Price (€):
1 1 64,890
Features:
Beach
Private Swimming Pool
Spa
Submission Date:
08-08-2008
Last Update:
08-12-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
Property Photo Gallery

 

Room with a View

Sarande Waterfront 1

Sarande Waterfront
 
Calculators

 
Property price: €64,890
 

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