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Property for sale information

 
ON THE BEACH  
Reference nr: 1542848
Description:

49 spectacular beachfront apartments and penthouses, just north of Sandy Lane and close to Holetown. The site, of over four and half acres, has wonderfully mature gardens and over 700 ft of secluded beach, which is planned to be reconstructed and stabilized.

The building will combine classical Barbadian coral stone architecture with stunning large contemporary interiors. The apartments will be built to a very high standard and specification, with the benefit of high grade on-site security. Owners will enjoy a range of hotel style facilities and amenities with on-site concierge, and sophisticated property and home management. A range of owners’ benefits include private bar, gym and many other features, plus a magnificent infinity pool looking out over the beach and ocean.

Apartments will be large and luxurious, ranging in size from 2,500 sq ft – 4,800 sq ft and penthouses from 3,000 sq ft – 9,000 sq ft. Each apartment comes with its own underground parking.

The building is currently expected to be completed in 2010.

Bedrooms: Bathrooms: Price (€):
4 5 3,902,000
Features:
Beach
City
Furnished
Private Swimming Pool
Spa
Submission Date:
08-27-2008
Last Update:
12-10-2008
Advertiser Details:


Name:
Elegant Villas.ie

Company:
Elegant Properties Realty

Phone:
00353862603646
Fax:

Mobile:

 
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Calculators

 
Property price: €3,902,000
 

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