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Property for sale information

 
Apartment For Sale in Puerto del Carmen, Lanzarote  
Reference nr: 132873
Description:

One bedroom apartment situated in the old town of Puerto Del Carmen. Just a stones throw from the sea and with great views of the harbour. Situated on a small complex in a quiet area. This property has a great track record on the rental market as well as being an ideal holiday home.



The Old Town of Puerto del Carmen is a favourite with both the local residents and visitors. It has a harbour from which boat trips can be booked and is at the moment being extended. There are plenty good restaurants and live music bars around a square where many events take place during the year and along side the square is a pitch on which Spanish bowls are played, drawing a large crowd of spectators.

The new town of Puerto del Carmen, known as the Strip, runs from the old town along the sea for six kilometres and has shops, restaurants, bars and banks.



Ownquarter, Lanzacasas are now dealing with all the major banks on the island that have property repossessions. As the banks are keen to sell these properties, they are offering between ninety and one hundred percent mortgages. If you are able to complete the purchase within eight weeks then please enquire for a list of the repossessions. However if you are unable to complete within the eight weeks the properties will have been sold. Please send your details to allow us to update your list daily. Lists will only be sent to enquiries with telephone numbers.



Ownquarter, Lanzacasas also specialise in bargain properties well under market value and can normally obtain mortgages for difficult cases.



Due to the high cost of online advertising on sites like these we only show a small proportion of our property database.

Bedrooms: Bathrooms: Price (€):
1 1 150,000
Features:
Submission Date:
10-04-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Apartment For Sale in Puerto del Carmen, Lanzarote

Apartment For Sale in Puerto del Carmen, Lanzarote

Apartment For Sale in Puerto del Carmen, Lanzarote

Apartment For Sale in Puerto del Carmen, Lanzarote

Apartment For Sale in Puerto del Carmen, Lanzarote

Apartment For Sale in Puerto del Carmen, Lanzarote
 
Calculators

 
Property price: €150,000
 

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