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Property for sale information

 
House For Sale in Corralejo, Fuerteventura  
Reference nr: 86689
Description:

Serenada Bungalows are strategically placed 100m away from the main street in Corralejo that boasts international restaurants and bars and shops, it is only a further 100m from the town beaches of Corralejo. Completly refurbished these bungalows have an open plan lounge and kitchen including hob, extractor, fridge and microwave, the lounge is furnished including dining table and chairs and 20inch flat screen TV. The bedroom comes with fitted wardrobes and twin beds and the bathroom has a walk in shower. The bungalows also feature air conditioning in the lounge and bedroom. The Serenda bungalows and complex has been refurbished to a high standard with well kept gardens and immaculate pool area, these are ideal properties to capture the rental market due to their location and the fact that they are bungalows ensures also that they are suitable for the elderly or disabled persons. Community fees are 70 euros per month, this included water and electricity. Contact us now for a viewing. *STOP PRESS* Serenada Bungalows are now offering a guaranteed rental scheme for the first two years of 7854.47 euros per year. The first years rental is refunded to you in one go at the Notary, a bank guarantee will be provided to you for the 2nd year for the same amount, thats 655 euros per month helping to pay the mortgage!! Furthermore there are now 6 apartments available priced at 140,000 whereby a guaranteed rent of 7175 euros per year is paid.

Bedrooms: Bathrooms: Price (€):
1 1 153,000
Features:
Submission Date:
10-04-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
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House For Sale in Corralejo, Fuerteventura

House For Sale in Corralejo, Fuerteventura

House For Sale in Corralejo, Fuerteventura
 
Calculators

 
Property price: €153,000
 

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