Invest in your place in the sun from $19,999 IN SICILY Asking Price: $99,000
Location: Campofelice
City: near Palermo
State/Province: Sicily
Country: Italy
Type: Beach Front
Live the Sicilian Dream - Own a new property by the beach today!
Lying just off Italy's "Big Toe", Sicily is the largest and most densely populated island in the heart of the Mediterranean Sea.
For centuries, this un-discovered island has attracted wave after wave of visitors throughout its varied history, from the Romans to the Greeks, the Arabs and the Normans, and, more recently, thanks to a major investment programme by the Sicilian Government and a substantial improvement of the island's infrastructure, it has generated a lot of interest by the saviour investors, the northern-Italians and the foreign investors (mainly from Ireland, UK, France and the Scandinavian Countries).
The often snow-capped Mt. Etna is an active volcano (3350m!) and is one of the island's main attractions, and it is only 1 hour drive from this brand new residential development. Close to Cefalu's town centre, Residenziale Mare Luna is the first off-plan development in Sicily which is due to be released at the "La Dolce Vita" exhibition in London on the 8-11 March 2007 by a leading International Developer.
More about Mare Luna Residenziale - 5 Star Resort in the heart of Sicily
Mare Luna Residenziale will be developed in 4 phases and the first townhouses are due to be completed within the next 12-18 months (construction already started). The Development is very close to the seafront with a private access to the sandy beach by a private, internal road only for residents (click on the photos to obtain a better viewing of the beach nearby - taken October 06).
Within this amazing Complex, there will be 2 swimming pools, a tennis court and a five-a-side football pitch, plus a Well-Being Centre with Jacuzzi/Sauna and Steam Rooms.
To make it more appealing to the foreign investors, the architects have included in the project a Mini-Market (Spar) in the centre of the Pool with foreign daily nespapers and magazines, as well as a traditional Irish Bar, an Italian Cafeteria, a 5* Italian Restaurant and a frequent minibus to visit Cefalu and its beautiful attractions.
Mare Luna Resort is less than 1 mile from the internationally renokwn "Le Madonie Golf Course", a 18-hole golf course which is visited every year by many golf fans from all over the world.Mare Luna Residents will have free access throughout the year and a 30% discount off the GreenFees.
There are many international hotels in the area and Hilton has been tipped to be planning a new 4 Star Hotel in the nearby Cefalu. The vicinity to the beach, the golf course and Cefalu's popularity as an international tourist destination, coupled with the sunny climate from March to November (with temperatures averaging 20C to 30C throughout the year), ensure a strong year-round rental market with profitable short-term lets. We can also recommend a Sicilian Letting Company based in Cefalu if you are interested in a buy-to-let solution.
More about the Townhouses (2 and 3 Bedrooms)
Each individual Townhouse will have the following specifications
Ground Floor or First Floor
85 mq2 circa
Living Room
Open Plan Kitchen
Two or Three Bedrooms
Pergolato - your own terraced veranda
Private Roof Solarium with sea view (only on some Units)
Private Garden
Private Car Park
Official Release Price: from Euro 165,000
Ebay pre-release discount: bids in the region of 5%-10% below Release Prices will be considered by the Developer
IMPORTANT INFORMATION FOR PROPERTY INVESTORS:
Upon signing the Reservation Contract, you will only need to pay a holding Deposit of Euro 3000/GBP 2000 and can subsequently assign the Reservation Contract to a new buyer after the Official Release Date, with an immediate realisation of your investment. In other words, if you reserved a Townhouse for a pre-release sum of Euro 155-160,000 before March 2007 (and yhour bid was succesful), you would then be able to re-sell it after the Mare Luna Resort will be officially launched to the UK and Irish Marketswithin a few weeks for the full price of Euro 165,000 (upwards, depending on the size of the property for which you chose to bid) hence realising a hefty profit and an excellent return on your investment!
How do you get there?
Residenziale Mare Luna is easily accessible by both Palermo Airport (where both Ryanair and Easyjet have direct daily flights for increadibly low fares throughout the year) and Catania Airport (with regulal connections to the UK from London - British Airways and Air Malta - and Manchester - Excel Airways and Thomson Fly). Irish clientele will find the soon-to-be-launched Dublin-Trapani direct Ryanair flight an easy option to travel to this marvellous island and visit the Residenziale Mare Luna.
Additional Information
Close to Cefalu's town centre, Residenziale Mare Luna is the first off-plan development in Sicily which is due to be released at the "La Dolce Vita" exhibition in London on the 8-11 March 2007 (www.ladolcevitaevent.co.uk) by a leading International Developer.
However, a limited amount of townhouses are being released before the Official Launch to give some lucky bidders a unique oppoirtunity to be amongst the first owners of a piece of heaven by the Mediterranean sea.
For this reason, e-bay bidders will have the opportunity to place a bid and, as long as the reserve price is met, you can hold the property with a simple Reservation Fee of Euro 3000 / GBP 2000 (held in the client account of a London-based Italian firm of Solicitors and fully refundable) for a period of up to the Official Release Date (8 March 07). During this period, we can assist you with arranging a viewing trip to Sicily and inspect the site. Construction work has already started on a nearby development (already sold out to Sicilians) and therefore you will have the opportunity to view existing townhouses that are already being built and, upon request, other types of villas and townhouses made by the same Construction Company to appreciate the high quality of the finishings and of the villas in general.
A local lawyer will be available during your visit to obtain copies of the preliminary contract (20% deposit will become payable at this stage - with the remaining completion costs fundable by a low interest Italian mortgage), the due diligence and the bank loan guarantees to safeguard your investment.
Completion Costs (guideline):
Legal Fees: approximately Euro 1500/2000
Notary Fees: 2-3% of the purchase value
Taxes: 10% IVA, 4% for new residents (ask your lawyer for more information)
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