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Property for sale information

 
Invest in Albania’s First Golf / Beach Resort  
Reference nr: PG282893
Description:

Owning an apartment in an exclusive golf and beach resort has never been more affordable than this. Be the first to purchase with our pre launch offer prices of 32,480 Euros for a one bedroom apartment and 49,300 Euros for a two bedroom apartment.

La Perla Golf Club and Beach Resort is the first golf course development to be built in this fast developing country. Backed by the Albanian Government, the resort will be built on an area of over 400,000 sqm and will feature a Golf Course, Pro Shop, Golf Academy, Driving Range and Practice Ground as well as a Spa Centre, Swimming Pool Complex, Fitness Centre, Equestrian Centre and Tennis Courts.

This spectacular resort has 760m long frontage of wide sandy beach leading to the Adriatic Sea and will take the form of a gated development consisting of approximately 1,000 freehold properties split into apartments, townhouses and villas.

The development is located on the stunning Lalezit Bay north of Durres. This wide beautiful bay is just 20km from the international airport and 35km from the capital of Tirana with a new road providing quick and easy access.

With a pre launch offer of just 580 Euros per sqm (36% below market value) this is an excellent opportunity to invest in Albania’s first Government backed Golf Course Development. The beauty of this pre launch purchase is that investors gain instant equity whilst getting into the market early to also receive the full benefits of the capital growth which is expected to be 20% per year.

Enquire now for further details of this investment package and how to become an owner in a beachfront golf course development for less than £30,000.

Bedrooms: Bathrooms: Price (€):
1 1 32,480
2 1 49,300
Features:
Beach
Golf
Submission Date:
08-12-2008
Advertiser Details:


Name:
Phil Grimes

Company:
Select Property Overseas

Phone:
0044 845 430 1404
Fax:

Mobile:
0044 7970 189967

 
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Calculators

 
Property price: €32,480
 

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