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Property for sale information

 
Amantea Beach Apartments  
Reference nr: RP510980
Description:

Amantea

Amantea ranks high on the list of Calabria's prettiest towns. It is also one of the region's most historically fascinating and unique. Long before the Romans and even the Greeks, Amantea has served as an important historical area. Dozens of Bronze and Iron age artifacts have been discovered in and around the mouth of the river Savuto which opens to the sea, near to Amantea's port. In modern day Amantea the city is essentially divided into two sections, the historical center (Paese) of Amantea is located on the hill above the "new “ Marina town where shops, restaurants and piazzas line the main boulevard, with beautiful sandy beaches in front. Amantea is easily accessed from Lamezia Therme International Airport, and has a journey time of approximately 45 minutes, making it ideal for a weekend break.

Cosenza

Cosenza is the largest of Calabria's provinces with deserted beaches set on a backdrop of the Sila Massif mountain range. Cosenza is often nicknamed 'Little Switzerland' its alpine climate creates a playground for camping, hiking, fishing and sailing. Climb up Moutn Botte Donato through Europe's greatest forest wonderland for epic views of both the Tyrrhenian and Ionian sea's or visit the church of San Domenco in the Sila mountain's which has paintings by Calabria's most famous impressionist artist Umberto Bocciono.



The provincial capital is the city of Cosenza, the largest as you head through northern Calabria. Approaching from the south gives you the most romantic view of the city dominated by the Norman Hohenstaufen castle perched high on the hill. Having been conquered and invaded by Normans, Romans, Greeks and the Spanish its a wonder this historic city still presents some of the most beautiful baroque architecture, as English author George Gissing commented 'to call it picturesque is to use an inadequate word'. Now, Cosenza has become the most important commercial and agricultural centres of Calabria with the seat of the regions newest university on the outskirts of the city.

Resort

Amantea Beach Apartments consists of 40 two bed apartments and a series of penthouse suites, situated in the beautiful marina of Amantea. The development is situated right next to beach, and all apartments boast either side or front sea views, or beautiful mountain views to the rear. The development is perfect for people who require a brand new property but do not wish to wait, as all of the units are in their finishing stages and will be available for occupation in approximately October 2008. The development would great for either a holiday home, with excellent rental possibilities, or for people who wish to relocate. All the apartments are fitted out to a high standard, and have access to private underground parking facilities at a small extra cost.

40 Two bedroom apartments with terraces and balconies
Key in hand property available by October 2008.
All apartments have pre-installation for air conditioning
Sea or valley views to all apartments
Private underground parking available
Private garages available
Furniture & kitchen packs available
€3,000 reservation deposit
50 %

Bedrooms: Bathrooms: Price (€):
2 1 105,950
Features:
Submission Date:
11-18-2008
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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Calculators

 
Property price: €105,950
 

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