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Property for sale information

 
Stunning Rustic Style Holiday Home  
Reference nr: SC02724
Description:

Rare opportunity to purchase this immaculately presented Detached 3 Bedroom, Stone faced house, with a beautifully landscaped garden and an adjacent plot of land.

Offering cozy accommodation in the quiet area of Gaula, Santa Cruz, this home has stunning views of the ocean and surrounding mountains.

It is at an easy walking distance (5 minutes) to the “Levada dos Tornos”, other levadas and footpaths. (Levadas are water courses running round the mountains and were built by the first settlers to carry water to inaccessible farmland. Today they are one of Madeira’s greatest tourist attractions)

This property makes for a warm and inviting home with an abundance of character and charm, in a friendly and quiet position, perfect for those wanting a holiday, retirement or residential home.

The house has been decorated to an impeccable standard. Externally the landscaped garden and adjacent plot are very easy to maintain. There is a large aggregate concrete driveway for up to 4 vehicles, with off road parking at the entrance of the gated driveway.

Public Transportation is just footsteps away (bus stop right across the street).

At a walking distance there is also a typical traditional Madeirian café.

Excellent road access to Santa Cruz, Camacha, Santa Catarina International Airport and Funchal.

Viewing of this excellent property is highly recommended.

Embrace nature with all the accessibilities of the modern world.

Bedrooms: Bathrooms: Price (€):
2 1 165,000
Features:
Submission Date:
10-21-2008
Last Update:
10-09-2009
Advertiser Details:


Name:
Pedro Silva

Company:
Futurmade Overseas Real Estate

Phone:
351 291 22 12 48
Fax:
351 291 23 13 50
Mobile:
351 963 04 26 36

 
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Calculators

 
Property price: €165,000
 

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