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Property for sale information

 
Cape Corinth  
Reference nr: AB600892
Description:

Billed as one of the most exclusive waterfront real-estate developments in India, Cape Corinth brings the architectural flavour of ancient Greece to the gorgeous white sands of Goa - India’s top tourist destination.

Studios from just €36,195!!!
7% p.a. rental guarantee for 5 years!!!

Cape Corinth is a beautifully designed, eco-friendly, gated community surrounded by lush green forest and offering fabulous views over the sparkling Marmugaon Bay and the Zauri River.

Within minutes of Goa’s most famous beaches and just 9 kilometres from Goa Airport, Cape Corinth is an outstanding investment available at an unbeatable price on the one hand, and a truly exotic holiday home on the other.

The Development

Twenty acres of emerald forest cascading down to the deep blue Arabian Sea, Cape Corinth is a strategically located, fully-integrated private community boasting all the lifestyle and leisure amenities you’d expect from a world-class development.

Cape Corinth at a glance


State-of-the-art gym with jacuzzi, steam and sauna.
All weather infinity pool
Water cascades and slides for children
Multi-cuisine food court (indoor)
Open-air dining area (outdoor)
Yoga & Meditation areas
Shopping centre
Club House / Community Hall
Indoor and outdoor recreation facilities
Landscaped gardens with relaxation hammocks
Private, eco-friendly, integrated community
24/7 gated security
5.6 miles from Goa Airport
5.5 miles from famous Silver Sand Cove resort

The Apartments

These fantastic 300 sq.ft. holiday studio apartments, with all mod cons, are available at the extraordinary price of just €36,195! Sun, sand, sea and affordability in one exquisite package!

The Deal

Studio apartments from just €36,195
Guaranteed rental income of 7% p.a. for first 5 years.
Equates to €2,575 gross per year - guaranteed!!

Payment Terms

Non-refundable reservation deposit: € 3,000
30% on private contract (less reservation fee): €10,858
20% 6 months from contract: €7,239
20% 12 months from contract: €7,239
20% 18 months from contract: €7,239
10% on completion c. Aug 2009: €3,620

(Figures quoted exclude taxes and legal costs)

Our Last Word

Where else in the world will you find such a stunning holiday property for this kind of money? The answer is simple… you won’t! Cape Corinth is a truly unique opportunity. Your chance to acquire a top-quality holiday residence, in an exotic sun-drenched location, at a bargain price, plus the security of a five year 7% rental guarantee!

Prices from: €36,195

Airport: 9 kms
Bars: 0 kms
Shops: 0 kms
Beach: 5 kms
Restaurants: 0 kms

Features
Community Pool
Parking
Gardens
24 hr Security
Gym

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 36,195
Features:
Beach
Submission Date:
04-26-2007
Last Update:
04-26-2007
Advertiser Details:


Name:
Zara Mulholland

Company:
Larionovo

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €36,195
 

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