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Property for sale information

 
Borgonovo - Southern Italian Riviera/700  
Reference nr: 700
Description:

Borgonovo – Southern Italian Riviera

Apartments available: 1 br/1 bath
starting at 67,20 m² for 95.500 Euro
2 br/1 bath starting at 138 m² for 156.000 Euro
2 br/ 2 baths starting at 86 m² for 150.900 Euro
Floor plans on request

Payment plan:
3.000 Euro on reservation
30% on signing the Preliminary Contract
20% December 2008
50% on Completion in September 2010

Unit description:
Borgonovo is an exclusively designed condominium, 700 m away from the Centro Storico of Pizzo, a little marvelous Calabrian resort. An elegant range of 1 and 2 bedroom apartments, and 2 bedroom townhouses designed in traditional Italian style. All apartments feature combinations of gardens, terraces and rooftop solarium. Borgonovo is literally the last chance for investors to acquire a property in this picturesque and popular Calabrian resort.

Facilities:
- Parking (incl. in the selling price)
- Furnished kitchen
- Bathroom complete
- Pool
- Tennis Court
- Club House
- Restaurant & Bar
- Garden

Location:
Pizzo: Southern Italian Riviera. This is a picturesque little town in the „Toe of Italy" in Calabria, perched on a hillside overlooking a panoramic view of the sea with the Ionian Islands in the distance. Calabria has been referred to as Italy’s best-kept property secret. We believe it is the best lifestyle and investment opportunity currently available in the exciting Calabrian property market. 500 miles of fine sandy beaches, crystal clear sapphire water, towering mountains, verdant forests and lush green valleys. Please note the strategic location:

- 10 minutes to the train station. Trains to Tropea (20 min.), Reggio Calabria, Vibo Valentia, Napoli, Rome, Milan
- Only 20 minutes away from Lamezia Terme International Airport
- 15 minutes walk to the beach
- 1 hour away from the Sila Mountains – popular Ski Resort & National Park

Commission:
Availability upon agreement: This material is based upon information, which we consider reliable, but because third parties have supplied it, we cannot ensure that it is accurate or complete, and it should not be relied upon as such. This offer is subject to errors, omissions, and change of price or withdrawal without notice. The Transfer Fee is not included in the sales price and has to be paid by the buyer. Regarding our service for consulting and contract completion Friedl international realestate (Licencepartner, INRES international AG) charges the buyer with 3,00% (plus Tax) of the sales price.
The commission is due in full at the day of signing of the contract of purchase.

Bedrooms: Bathrooms: Price (€):
1 1 95,500
Features:
Beach
Private Swimming Pool
Submission Date:
01-16-2009
Last Update:
04-20-2009
Advertiser Details:


Name:
Bruno Friedl

Company:
INRES international, investment & real estate

Phone:
0049-8031-941287
Fax:
0049-8031-941588
Mobile:
0049-176-23 35 97 98

 
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Calculators

 
Property price: €95,500
 

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