A hidden gem that is quite the charmer overlooking beautiful land and mountains. - My Overseas Property

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Property for sale information

A hidden gem that is quite the charmer overlooking beautiful land and mountains.

Price:	€ 250,000 Mortgage & ROI calculators »
Type:	Country Home
Country:	Portugal Madeira

Reference nr: SC02763

Description:

A hidden gem that is quite the charmer overlooking beautiful land and mountains.
This quite new home has serious attention to detail! A truly elegant home that's low maintenance.
This cottage has everything you want, solid construction, large veranda, picturesque scenery, ultimate privacy, and being so close to Funchal it is a fantastic investment.

Included in the purchase price are a fully equipped kitchen, alarm system, interior fireplace (living room) and exterior barbecue.
This home is an extraordinary opportunity & a must see!

Bedrooms:	Bathrooms:	Price (€):
2	1	250,000

Features:

Submission Date:
01-02-2009

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

Property Photo Gallery

property photo

Calculators

Property price: €250,000

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