REAL ESTATE FOR SALE (NEW BUILD - KEY READY) (€ Euro 170,000)
Apartment for sale in Palma de Mallorca Island of Majorca Spain

   
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For Sale Apartment in Palma de Mallorca, Island of Majorca, Spain Italian Spanish Dutch French German English stumbleupon facebook del.icio.us google Windows Live Yahoo My AOL
Hotel ILLOT Suites & Spa
Guaranteed rent for 10 years - Investment opportunity

Features

New Investment Concept Guaranteed rental: 4.5% yield. 102 Exclusive Suites Gated hotel with unbeatable facilities and services Fully fitted Suites with all furniture, white goods and decoration included Excellent views from terraces Prices between €170,000 and €210,000 Located beside the best golf courses in the Island Completion date: Ready Mortgages available up to 70% (subject to status)





The Development
Located in Cala Ratjada, one of the most beautiful paradises of the Mediterranean sea, the new hotel ILLOT Suites & Spa offer our clients the possibility of understanding a new investment concept unique in Mallorca. Becoming an owner of a Suite in the hotel ILLOT Suites & Spa will make you a property owner located in one of the most prestigious hotels in the area.
The owner will be able to enjoy the Suite a few weeks per year* while the property value increases.



The Suites
The hotel consist in 102 exclusive Suites distributed into two buildings with 3 floors each. With dimensions of 45,42 sqm, each Suite has a bedroom, a living room, a kitchen, bathroom and terrace with wide views. There are 3 types of Suites: Suite Deluxe, Terrace Suite Deluxe and Panoramic Terrace Suit Deluxe.

Equipment in all suites include:

Fully fitted kitchens and white goods included (Teka made) and accessories
Fully equipped living-room with furniture and decoration included
Fully equipped bedrooms, including curtains, mirrors, etc.
Fully fitted bathrooms including accessories
Balcony equipped with table and chairs
Air conditioning cold/hot
Safe, Television, 2 telephones
Sofa-bed Italian made
Quality curtains


Communal Areas
24 hour reception services
Restaurant and Bar services
Swimming pool area with therapies and beauty salon
Gym and Fitness centre with personal trainer
Squash, paddle, tenis and 160 sqm exterior pool
10 minutes from the best Golf Courses in the Island


The Location
Located in Cala Ratjada, one of the most beautiful paradises of the Mediterranean sea, the hotel is only 10 minutes from Golf and incredible beaches. ILLOT Hotel is also well connected to the centre of the Town. The capital and the airport are only 40 minutes from the hotel. Cala Ratjada is know as the first point where the sunrise on the Island. The village is also a very interested tourist point because its history and landscapes.



The Investment
IHM Hotels, is a company with more than 15 years experience in the Hotel sector and will be in charge if the managing of ILLOT Hotel Suits & Spa, offering a new concept of Investment which combines the best conditions with supreme rental yields and enjoy.

Becoming an owner of one of the exclusive Suites at ILLOT Hotel, you will be able to:
- enjoy the services and facilities of the Hotel Suites & Spa when you personally stay.
- and get a high capital appreciation of your investment the rest of the time.

We offer very competitive prices and many financial advantages. The minimum annual rental returns you will get without any cost is €7,880 per year. ILLOT Hotel guarantee you peace of mind, organizing the rental and management of your property.

Pricing & Payment Structure

Please contact us to request the current availability and price list.
Reservation Deposit €6000,-(non refundable)
30 days later (contract signing) 100% - (mortgages up to 70% ltv available)
Estimated completion date - Finished project (Ready to move in)
Property Type: Apartment
(NEW BUILD - KEY READY)
Country: Spain
Region: Island of Majorca
City / Town: Palma de Mallorca      Find city/town on map
Location: Near Beach, Walk to beach: 15 min.
Airport 1: Palma de Mallorca, Distance: 40 km ,
Property Features:
Bedrooms: 1
Bathrooms: 1

Air Conditioning
Parking
Shared Pool
Asking Price:
€ Euro
£ GBP
$ USD
 
170,000
135,337
264,945
Mortgage
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CONTACT INFORMATION
Contact: Owen Francis
Company: Owen Francis World Investment Properties
Language(s): English
Location: UK - Help calling
Telephone:
  Display Phone Numbers

 Phone numbers

 Phone 1: 44-(0)1525 862178
 Phone 2:
 Fax No:   
 Mobile:    44-(0)7977 218572
 Email:
  Send Enquiry
 
 
Other property features   

Kitchen:
Fitted Kitchen
Oven
Hobb/Cooktop
Fridge

Other:
Garden/Grounds
Fully furnished

Local Amenities:
Bars
Restaurants
Golf Course
Food Shops

Local Activities:
Golf
Untitled Document
 
This Apartment has been viewed: 3198 times since Wednesday, October 10, 2007 | Property ID: ES115874
For Sale Property: Apartment in Island of Majorca, Palma de Mallorca, Spain
 
 
 
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