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Property for sale information

 
Aqua Marina  
Reference nr: RP979294
Description:

Vibo Valentia Marina
Vibo Marina is a distinctive, vibrant and bursting with cafes and restaurant and only 30 minutes drive from Lamezia Terme airport. There is an excellent private marina, daily ferries to the Eolie Islands and is subject to significant investment.



The Marina offers beautiful waters and a variety of white sandy beaches It is approximately 30 minutes from the world class destination of Tropea and only 10 minutes from the neighboring town of Pizzo; making it an excellent base from which to explore the local area.




Vibo Valentia

On a good day from the highest point of Vibo Valentia it is possible to see the Sila Mountains to the north and the summit of Mount Etna on Sicily to the south. Today, it is the provincial capital and full of imposing official buildings, from the Norman castle to numerous renaissance and baroque churches. Its name is a corruption of 'Veip', 'Hipponion' and 'Valentia', all identities given to the area at different times in its history. In the old town which sprawls down the hill you will find Roman ruins and thermal baths. The Norman castle has four towers each built at different times by different rulers. The castle is noted for being the spot where 7 martyrs were slain for having defended the town from the impending take over by the Pignatelli and the Archaeological Museum is housed inside. Not just an important historical and cultural centre, Vibo Valentia has a substantial pretty marina with berths for yachts and tourist trips to the Aeloian Islands. The harbour is a bursting with vibrant cafes, bars and restaurants offering the fabulous local cuisine.

Resort


Aqua Marina Residence is situated in the heart of Vibo Marina, with its beautiful port and surrounding beaches. It is a development of just five apartment blocks within a small gated community, with facilities which include a communal pool, a tennis court, garden areas and off street parking with optional garages available.

Two of the aparment blocks are already near completion and have been built to a very high quality, with marble stairwells, private lift access and Versace tiles. The final release of this small development consists of 40 two bedroom apartments, ranging from 86.72m2 to 175m2 including balconies, making these apartments suitable for long term residential use, as well as holiday homes with a strong local rental market.

All of the apartments are very well equipped, and come complete with a very high specification including gas central heating, air conditioning, fully fitted kitchen with stone work tops and all white goods. The development is excellent value for money and the local area going through substantial regeneration; this development is an investors dream!

Features

40 Large 2 bedroom apartments
5 minutes level walk to the beach
Tennis court
Private garages available
Central heating
Air conditioning
Communal pool
Communal gardens
Private gated community
Payment Plans

€3,000 reservation deposit
35 % On Exchange of Contract
15 % On Start of Build
50 % On Completion
Rental Income

International Dreams are offering the opportunity

Bedrooms: Bathrooms: Price (€):
2 1 139,950
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: €139,950
 

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