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Property for sale information

 
Investment plot in the centre of Lodz  
Reference nr: RC391028
Description:

Thr investment plot intended for high, multi-family building. Very good location, a few steps from Manufaktura entertainment-shopping centre (biggest in Europe). Property is located in the close proximity of the main artery of Lodz (Aleja Jana Pawła), with a good communication with the core city centre, main train station and international airport. It is a corner plot with a new asphalt road just next to it (built specifically for a good access to Manufaktura). Green, flat area, does not require any preparation works. The surrounding, from the North Drewnowska str, from the East Okrzei str, behind the street a few hundred meter green belt. From the South high multi-family buildings, separated with a green belt, from the West green area.
In December 2008 the site has been granted conditions for construction and spatial development (high, multi-family building). Twelve storeys, 11 residential and two underground. There is a preliminary building concept- 20 1-bedroom apt.from 47 - 52 m2, 20 2-bedroom apt. 56-80 m2, 20 3-bedroom apt. from 80-92 m kw. (overall about 4150 m 2 PUM.). Parking spaces in underground garage. Possibility to connect with city’s sewage, heating, energy was consulted before the conditions for construction were granted and positive opinions were issued by media suppliers. The building project is being finished.
The undeniable advantage of the location is lack of alternative investments in the area.

Features:
City
Submission Date:
02-09-2010
Last Update:
07-21-2010
Advertiser Details:


Name:
Roy Coughlan

Company:


Phone:
0214821746
Fax:
0214821746
Mobile:
0870517196

 
Property Photo Gallery

 

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Calculators

 
Property price: €675,000
 

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