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Property for sale information

 
Apartment For Sale in Playa Blanca, Lanzarote  
Reference nr: 96514
Description:

Situated in the newest tourist area, Playa Blanca, this one bedroom apartment has been fully refurbished to a very high and modern standard with all new appliances, including a brand new kitchen and a completely new bathroom with all new tiles. It is being sold with brand new furniture through out and has easy access from the on street parking outside the front door. The front terrace has been walled and gated. The complex has several communal pools, supermarket, pool bar and a crche. The complex is surrounded by well maintained large mature gardens. The inside of the apartment has an integrated lounge/dining room with kitchen. It has a separate bedroom with built in wardrobe and seperate bathroom with bath and overhead shower.

To the front of the apartment there is a tiled terrace leading to the road.

For a 40y/o over 30 years with 10000 deposit and paying the buying costs , this works out at 380/month

Long term rental this would achieve 500/month



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

 
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Apartment For Sale in Playa Blanca, Lanzarote

Apartment For Sale in Playa Blanca, Lanzarote

Apartment For Sale in Playa Blanca, 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