Apartment For Sale in Puerto del Carmen, Lanzarote - My Overseas Property

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Property for sale information

Apartment For Sale in Puerto del Carmen, Lanzarote

Price:	€ 99,000 Mortgage & ROI calculators »
Type:	Apartment
Country:	Canary Islands Lanzarote

Reference nr: 109760

Description:

One bedroom, one bathroom apartment in a popular complex in the Old town of Puerto del Carmen. This is a rare opportunity to choose your total refurbishment on the apartment, including kitchen, which is included in the price. Also comes completely furnished.

Communla pool and small friendly pool bar

The apartment is extremely well located in the old town of Puerto Del Carmen. It is only a minutes walk to all the facilities such as Cafe Bars, Restaurants, Shops, Harbour etc. The beach is about ten minutes walk.

Tourist licence

Only 59 euros community fees per month

Price was originally 139,000 euros and has now been reduced to 99,000 euros. We can provide an 80% mortgage for non resident.

This is the only property available for this price and conditions on the complex

Bedrooms:	Bathrooms:	Price (€):
1	1	99,000

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

Calculators

Property price: €99,000

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