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Property for sale information

 
Commercial For Sale in Puerto del Carmen, Lanzarote  
Price: € 90,000
Mortgage & ROI calculators »
Type: Commercial
Country: Canary Islands
Lanzarote


Reference nr: 125476
Description:

An amazing opportuity to take over a very well established frontline cafe bar that has been very profitable for the past five years and which can be confirmed.The bar has a good sized terrace area with great views of the beach in front which is excellent for customers to sit and relax with a cold drink to have something to eat.The inside area has a very managable kitchen area incorporated into the bar area and this makes the bar very workable for an enthusiastic couple.The bar comes complete with all fixtures and fittings and stock needed to take over this fantastic business and to start earning from day one.Bars in this busy footfall area very rarely come onto the market and I am sure this will not be available for long.

Features:
Submission Date:
10-05-2009
Advertiser Details:


Name:
Lynne Robinson

Company:
Freedom 4 Sale

Phone:
+34617225369
Fax:

Mobile:
+34617225369

 
Property Photo Gallery

 

Commercial For Sale in Puerto del Carmen, Lanzarote

Commercial For Sale in Puerto del Carmen, Lanzarote

Commercial For Sale in Puerto del Carmen, Lanzarote

Commercial For Sale in Puerto del Carmen, Lanzarote
 
Calculators

 
Property price: €90,000
 

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