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Property for sale information

 
Commercial For Sale in Costa Teguise, Lanzarote  
Price: € 100,000
Mortgage & ROI calculators »
Type: Commercial
Country: Canary Islands
Lanzarote


Reference nr: 125823
Description:

Bar Bastian is situated in the heart of the best known residential and holiday Complex in Costa Teguise. Playa Bastian has long been a favourite destination for UK residents and tourists. It is the most established and one of the largest in the complex.

Bar Bastian is located right alongside one of the largest swimming Pools on the complex, and is theAgentRefore ideally situated for day long food and drinks trade. In addition the Bar serves a fine range of foods from breakfast through lunch and evening meal. There are 28 covers in the restaurant, and 26 on the terrrace.

The large, well equipped kitchen, makes light work of the regular high numbers of diners.

The bar area has a relaxed atmosphere and is also a destination for families. It has a pin football table and Pool table on the terrace, and a full TV entertainment system. The regular BBQs are particulary popular.

The self contained, 3 room office space is convenient for a variety of uses.

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 Costa Teguise, Lanzarote
 
Calculators

 
Property price: €100,000
 

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