875-B&B Investment Opportunity - My Overseas Property

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Property for sale information

875-B&B Investment Opportunity

Price:	€ 1,390,000 Mortgage & ROI calculators »
Type:	Commercial
Country:	Portugal

Reference nr: 875

Description:

Nestling in the hills of Monchique and only 20km to the coastline is this beautiful B&B with breathtaking views.

It offers an independent 1 bedroom apartment, 1 family room, 2 singles, 4 doubles and 1 twin all of which are ensuite.

In addition, there is a Bar and restaurant with terrace, 2 kitchens, 2 bathrooms, store room and a communal pool.

The private residence offers 3 bedrooms, lounge, separate dining room, bathroom and private patio.

This is nature at its best with great views, wild flowers, numerous fruit trees and a natural spring stream.

Features:
Furnished
Private Swimming Pool

Submission Date:
05-29-2009

Last Update:
05-29-2009

Advertiser Details:

Name:
SMART BUYERS DONT WAIT TO BUY - THEY BUY AND WAIT

Company:
Algarve Property Ireland

Phone:
+353 1 6405364
Fax:

Mobile:
+351 96 1855 649

Property Photo Gallery

property photo

Calculators

Property price: €1,390,000

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