Holiday residences in Sardinia

 
ITALY / ARZACHENA / Resort Cannigione
Prices from 125 000
  • Location: Italy, Region Sardinia, Arzachena, Resort Cannigione MAP
  • Development: Holiday residential
  • Unit types: Apartments (various types), 2-bedroom apartments, 3-bedroom apartments, Penthouses
  • Total number of units:22 
  • Units available for sale:8 PRICE LIST
  • Unit sizes: 38 sq.m 73 sq.m FLOOR PLANS
  • Unit prices: 125 000 353 000 PRICE LIST
  • Prices per sq.m.: 3 289  4 836 €/sq.m
  • Development status: Under construction
  • Planned completion: June 2017
  • Ownership: Freehold 
  • Rental return (p.a.): 4% (estimated)
  • Capital appreciation (p.a.): 3% per year (estimated)
  • No commission

Complex/building features

  • Sizes of units 38 sq.m - 73 sq.m
  • Total unfolded area of the building/s 1300 sq.m
  • Total area/size of the building/complex plot 2270 sq.m
  • Total number of units 22
  • Total floors 3
  • Type of construction Reinforced concrete structure

Distances

  • Distance to beach resort 800 m
  • Distance to centre of the town/city 1 km

Rental income features

  • Rental demand in the area High
  • Who will rent Tourists
  • Unit finishing in order to rent Unfurnished
  • Annual rental income 4% (estimated)

Taxation

  • Annual local tax/council tax (approximate) 500-600 Euro per year
  • Tax on rental income If buyer is a citizen of a country where exists double taxation, he pays taxes in Italy: up to 5,000 of rental income is exempt (no payment), over is charged 15%
  • Inheritance tax if the buyer is not an Italian citizen the inheritance process will be regulated by his national law

Exit strategy

  • Resale Possible after completion, Possible before completion
  • Easy exit High demand - very easy
  • Resale management/consultant Local estate agent
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Furnishing Unfurnished
  • Heating Solar panels
  • Views from units Beach views

Facilities in the complex/building

  • Communal Daily maid service, Wi-Fi internet in the whole complex
  • Recreational Mini-golf, Outdoor swimming pool

Additional purchasing costs

  • Total additional costs 243.353

*These are the total additional costs that Buyer must pay on top of the purchase price. These include notary fees, stamp duty/local tax, solicitor's fees and may also include other costs that are typical for the country where the property is located.
These additional costs include the following, among others:

  • Notary fees 4.200 taxes and notary fee (about 1-2% of the cost)

Capital appreciation (p.a.)

  • Expected price increase of the property* 3% per year (estimated)

*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.