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Pearl of The Sea, Calabria Pearl of the Sea is situated on an exclusive elevated site of 38 units of 2 bed 1 bath apartments. Only 300 metres walk to a golden sandy beach this development offers sea and mountain views to all units. The local authority have also announced that they propose to build a state of the art aquarium in order to showcase a wide range of sea life only found in this part of the world.
• High Rental in Summer to Italians,
• Main resort during the summer period for residents of Reggio
• Expected Rental Yield 8%
• Direct flights to Reggio International airport
• All units have sea views.
Location Pearl of the Sea is in a great location to navigate around Southern Italy and take in the many splendours this beautiful region has to offer.
• 20 mins from Reggio Calabria
• 45 mins from Gambarie Ski Resort in Aspromonte, Calabria
• Most beautiful view of Pentidallilo Village
• 20 mins from the 18 Hole Golf Course of Jewel of the Sea
• 10 mins from Bova Marina (Greek Town)
• Ancient Church Restorations to house an Italian restaurant.
Construction Schedule Pearl of the Sea is scheduled to complete mid 2010. Facilities And Maintenance • Superior Specification
• Fully Fitted Kitchen
• All white goods included excluding the dish washer and washing machine however pre-installation of plumbing.
• Access to the beach through a pedestrian under pass
Maintenance at The Pearl of the Sea development will be approximately 40 Euros per month. Payment Terms We have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property for sale in the development with us within the 28 day period. Only 10% of your reservation fee is retained by us as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.
35% on signing the preliminary agreement (less reservation fee)
65% on Completion. Property Management A complete property management service is available through the developer, including:
• Key holding
• Cleaning
• Inventory management
• Rental
Further details available upon request. About the Immediate Vicinity Melito Porto Salvo
Melito Porto Salvo is a small sea side resort which is bordered by one of the most amazing beaches on the Ionian ocean. This setting is a place where you can relax and optimize your lifestyle requirements. The development provides you with a unique opportunity to buy into the new Italian Riviera in a truly luxurious setting which will also maximize your investment, thus giving you the opportunity to live life on an even kneel.
Pentidattilo
Pentidattilo is an old village in the Greek area of Southern Italy, about 30 minutes drive from the bustling cosmopolitan town of Reggio di Calabria. The village is built in the palm of a mountain shaped like a hand, from which it takes its name "five fingers".
The area around Pentidattilo possesses a breathtaking natural beauty. Away from the beach, the rural landscape is as timeless as the sea, with ancient groves of olive and bergamot orange. Bergamot is used in Earl Grey tea and modern cuisine, and its essential oil is central to perfumery. This important crop has helped preserve the region as it is, wooded, stable and un-spoilt.
Reggio di Calabria
Reggio di Calabria, (Rìggiu in Calabrian dialect, Righi in Greek-Calabrian), is the largest and the oldest city in Calabria, Italy, dating back to the 8th century BC. Located on the toe of the Italian boot, it's the capital of the province of Reggio Calabria and the headquarters of the Regional Council of Calabria. The city proper has about 200,000 inhabitants, but the population of the urban area is more.
Overlooking the straights of Messina, where hydrofoils and ferries cross to Sicily, seven miles away, every 15 minutes. Reggio is a modern city, with excellent shopping, nightlife, culture, with its annual film festival and local and international cuisine. A true Cosmopolitan city.
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