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Property for sale information

 
Sun Towers  
Reference nr: MP655834
Description:

Sun Towers is ideally located for tourists and residents alike, very close to Ponta Negra, the main beach of Natal, and near the airport, cinemas, restaurants, business centres and shopping centres. Sun Towers is a project of 3 condominium towers offering 80 apartments each which will be built upon 16,000 m2 of land in Natal City. The development features kids and adults swimming pools with an attractive poolside terrace, a kids game area, sand pit, sports area including football, basketball and volleyball, fully equipped gym, landscaped green areas, leisure area, games hall with billiards and a nightclub.

Sun Towers, situated within 3kms of beautiful white sandy beaches offers high quality apartments of 75m2 including 2 bedrooms, 2 bathrooms (one en-suite), living room and kitchen from as little as €53,200 to €60,200. Each apartment comes with a balcony and an allocated parking space. Apartments on the upper levels benefit from sea views. Purchase costs amount to between 6-7% of the purchase price and there will be furniture packs available to purchasers at completion (approximately 2 years).

Direct flights from Gatwick to Natal are available through the travel company ‘Thomson’. Flight time is 9 hours approximately.

Bedrooms: Bathrooms: Price (€):
2 2 53,000
Features:
Beach
Submission Date:
02-11-2007
Last Update:
08-11-2008
Advertiser Details:


Name:
Shane Cunningham

Company:
Pruntys Overseas property

Phone:
00353 1 498 3733
Fax:

Mobile:

 
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Calculators

 
Property price: €53,000
 

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