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Property for sale information

 
Two minutes from the beach, Famara  
Price: € 199,500
Mortgage & ROI calculators »
Type: Apartment
Country: Canary Islands
Lanzarote


Reference nr: LS218178
Description:

Situated in the fabulous village of Famara under the dramatic Famara del Risco cliffs this apartment is just 150m from the fabulous white sandy beach. A light and airy property with modern separate kitchen, built-in wardrobes, spacious lounge/diner and modern bathroom. The quaint village of Famara with it´s shrewn streets has an excellent selction of bars and restaurants. Enjoy a glass of wine overlooking the ocean and La Graciosa, relax in the sun or swim or surf in the blue waters. Ideal as either a home or second residence.

Bedrooms: Bathrooms: Price (€):
2 1 199,500
Features:
Beach
Furnished
Submission Date:
05-21-2009
Last Update:
06-02-2009
Advertiser Details:


Name:
Lesley Stephens

Company:
LCI Rainbow-estate

Phone:
(0034) 928 80 15 40
Fax:
(0034) 928 84 46 26
Mobile:
(0034) 666 543 961

 
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Calculators

 
Property price: €199,500
 

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