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Property for sale information

 
Rare opportunity for investment  
Reference nr: LW813787
Description:

We are delighted to enclose the following plots/ buildings The plot sizes are as follows
Plot1 4620m2
Plot 2 2500m2
Plot 3 2500m2
As the plots are urban there is a guaranteed build of 2200m2.for the 3 plots
As there are already 3 buildings existing there is no rush to start building so you are not tied up with time deadlines
Within the buildings there are already in place the infrastructure, electricity ,water ,gas, telephone lines
The plots are surrounded by REM classification land –in other words ecological so no further building is allowed
The location of the plots is in a very peaceful area ( Vale Verde ) and is just a 2 minute drive to Quinta do Lago

A perfect opportunity for the shrewd investor

Bedrooms: Bathrooms: Price (€):
10 10 3,000,000
Features:
Submission Date:
01-14-2010
Advertiser Details:


Name:
Lynne Whittell

Company:
Algarve Distinctive Homes

Phone:
00351918726154
Fax:
00351289328711
Mobile:
00351918726154

 
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Calculators

 
Property price: €3,000,000
 

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