Apartment For Sale in Costa Teguise, Lanzarote - My Overseas Property

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Property for sale information

Apartment For Sale in Costa Teguise, Lanzarote

Price:	€ 89,500 Mortgage & ROI calculators »
Type:	Apartment
Country:	Canary Islands Lanzarote

Reference nr: 89386

Description:

A REAL BARGAIN in Los Molinos, Costa Teguise! 1st floor, 1bed apt, 50sqm + 12sqm tce.

The apartment consists of an open plan sitting dining kitchenette, a double bedroom with built in wardrobe and large bathroom. The sitting room leads to the terrace from which you can vie the smaller of the complex pools. Although the apartment is located on the 1st floor, there is neither apartment nor premises below or above the apartment.

This complex is an original Cesar Manrique design and in typical of Manrique style, there are lovely mature spacious gardens and swimming pools. It is situated in the heart of Costa Teguise; literally minutes walk from a great variety of restaurants, bars, the seafront promenade, the beach at Playa Bastian, public transport etc.

Bedrooms:	Bathrooms:	Price (€):
1	1	89,500

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 Costa Teguise, Lanzarote

Calculators

Property price: €89,500

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