Partly reformed, Tiagua - My Overseas Property

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Property for sale information

Partly reformed, Tiagua

Price:	€ 400,000 Mortgage & ROI calculators »
Type:	Cortijo / Old Spanish Farmhouse
Country:	Canary Islands Lanzarote

Reference nr: LS106519

Description:

The main building consists of ten rooms around a central courtyard with a galleried landing to the first floor. Some of the rooms are habitable. Many original features remain including decorative doors and high beamed ceilings. Along with the main house is a two bedroom cottage that has been tastefully refurbished to a high standard. The property stands on a large plot and is approximately 200 years old. This property offers numerous possibilities, living in the cottage while you finish the house. This would make a fabulous boutique hotel. There is ample space for a swimming pool.

Bedrooms:	Bathrooms:	Price (€):
7	2	400,000

Features:

Submission Date:
06-02-2009

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

Property Photo Gallery

property photo

Calculators

Property price: €400,000

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