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Property for sale information

 
Hill View  
Reference nr: AB303762
Description:

Description: Yes, you really can break into overseas property for under €25K!!! This stunning new development is your chance to capitalise on the next big international real-estate boom… in India!

Stunning studios from just €24,500… plus a rental guarantee of 7% p.a. for 5 years!!!


Hill View is a private, self-contained residential community in one of the most scenic parts of India. The Raigad District of Maharashtra State is famous for its rich cultural heritage, natural beauty, and outdoor sports activities. Maharashtra State is also renowned as India’s economic powerhouse, and home to its largest city, Mumbai.

The Investment Potential

Hill View enjoys an excellent strategic location just 3 miles from the new MIDC SEZ - a Special Economic Zone established by the Maharashtra Industrial Development Corporation. Hill View is perfectly placed to capitalise on the demand for quality housing that the SEZ will create.

The Development

Hill View is set on a 220 acre site in the heart of a beautiful area rich in heritage and amenities at the foot of the famous Mahabaleshwar Hills. And it’s precisely the kind of secure, private community that India’s up and coming young professionals want to live in.

Hill View at a glance


Superior quality, 300sq.ft. studio apartments
Private, eco-friendly, integrated community
24/7 gated security
Multi-cuisine restaurant and coffee shop
Open-air dining area
Club house with gym, swimming pool, jacuzzi, steam & sauna
Water slides and games areas for children
Meditation and Yoga area
Shops and commercial area
Community Hall
Indoor and outdoor recreation facilities
Exclusive parking bay
20 miles from Mahabaleshwar Hill station
15 miles from Panchgani Hill station
3 miles from Reliance SEZ

The Deal

Studio apartments from just €24,500
Guaranteed rental income of 7% p.a. for first 5 years.
Equates to €1,715 gross yield per year - guaranteed!!

Payment Terms

Non-refundable reservation deposit: € 3,000
30% on private contract (less reservation fee): €4,350
20% 6 months from contract: €4,900
20% 12 months from contract: €4,900
20% 18 months from contract: €4,900
10% on completion c. Aug 2009: €2,450

(Figures quoted exclude taxes and legal costs)

Our Last Word

If only all property investment decisions were this easy to make! India’s economy is booming… the property market is set to explode… and these slam-dunk investment units are going for a song. Our advice is simple… buy now, gloat about in the company of your envious friends later!

Prices from: €24,500


Features
Community Pool
Parking
Gardens
24 hr Security
Gym

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 24,500
Features:
City
Submission Date:
04-26-2007
Last Update:
07-08-2008
Advertiser Details:


Name:
Zara Mulholland

Company:
Larionovo

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €24,500
 

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