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Property for sale information

 
Apartment For Sale in Puerto del Carmen, Lanzarote  
Reference nr: 107349
Description:

FEATURES



85,000 Euros



Small Complex

Refurbished

Pool

Sea View

Balcony





This beautiful well maintained small complex with pool, consisting of eleven one bedroom apartments is in the heart of Puerto del Carmen and only two hundred metres from the shops and beaches. The apartments consist of an integrated lounge/dining area with kitchen, a separate bedroom, bathroom and to the front of the property a balcony with panoramic sea views. This apartment has been fully refurbished, including new kitchen, bathroom, furniture, including flat screen TV and the complex has a Sky connection.

The apartment is well positioned and is within strolling distance to the Casino, the main avenue, better known as the Strip, with its bars, restaurants and shops. The strip runs along the coast where there are many beautiful golden beaches and the road has just been given a face lift and now boasts wide pavements and a cycle track.

The new modern shopping centre, the Biosfera, which offers 4 floors of shops, bars, restaurants and kids play area, to keep them happy, is just a few minutes drive away and the new Golf Course is only five minutes drive away.

Puerto del Carmen is the choice of most visitors to the island and with fifty two weeks of sunshine the apartment could be let out on the holiday rental marked if need be.



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 85,000
Features:
Submission Date:
10-05-2009
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
 
Calculators

 
Property price: €85,000
 

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