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Property for sale information

 
FOR SALE  
Price: € 449,950
Mortgage & ROI calculators »
Type: Cortijo / Old Spanish Farmhouse
Country: Canary Islands
Tenerife


Reference nr: OOTF07-545
Description:

REDUCED FROM 661,500 EUROS!!! THAT´s A REDUCTION OF 211,550 EUROS!!! Beautiful well located rural property of 10.800 m2 with fantastic views over San Miguel to the coast. A private road leads to a secure gated entrance drive. This finca consists of 3 bedrooms, 1 bathroom, American kitchen and a large lounge/dining room leading onto a south facing 70 m2 part-covered terrace and private pool area. The lower level of the finca consists of another kitchen and extra rooms, 1 bathroom, a double garage workshop, BBQ terrace and a tennis court. This finca also has cultivated land, mainly used for fruit trees and vegetables, however there is a large area of land currently not used by the owner which could be developed. There is a water storage tank and distribution system installed for irrigation of the land. This impressive property would make a perfect family home & business. Pure Luxury! What are you waiting for? Contact us today to arrange a viewing on (0034) 922 790 021 or UK: 0871 711 5079 admin@sunway-tenerife.com

Bedrooms: Bathrooms: Price (€):
3 1 449,950
Features:
Submission Date:
08-24-2009
Advertiser Details:


Name:
Ivanka Cobo-Harris

Company:
Sunway Tenerife

Phone:
(0034) 922 790 021
Fax:
(0034) 922 795 172
Mobile:

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €449,950
 

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