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Property for sale information

 
2 Bedroom apartment - €86500  
Reference nr: UP611707
Description:

The floor area of the flat which has recently been renovated is 68m2, with a 6m long loggia.

It is located on the 4th floor of a 7 floor apartment building on Magurska St, Kosice and is available for viewing.

mortgages available.

About Kosice

"Kosice, the metropolis of Eastern Slovakia, the second largest city after capital Bratislava . Lying in the valley of the River Hornad in the basin that shares its name, Kosice is a regional administrative centre and Eastern Slovakia's hub of industry, commerce, science and culture. The country's second largest city, Kosice curently has a population of more than 250,000 inhabitants. As the Regional Administrative Center for Kosice County, Kosice provides government services to an area encompassing 6 753 sq. kilometers and serves over 766 000 people.

Kosice is a city with an eventful and illustrious past, its earliest recorded mention dating from 1230, when it is referred to as "Villa Cassa". The coat of arms is the oldest in Europe, a fact attested to by a letter dated 1369. The city's historic sights - from various eras - are concentrated in the historic centre, which is an Urban Heritage Area. The reconstructed main street, lined by burgher houses and palaces, offers visitors a pleasant stroll and is also the venue for major events in the life of the city"

Why invest in Slovakia

1. There has been a 15% rise in prices, across the board, in the past year.

Tax and Legals

Important Tax FactsFlat income tax and capital gains tax rate of 19%

Very favourable tax regime in general
Taxes on purchaseVAT at 19%

NO transfer tax/stamp duty

Legal fees/notary fees/registration fees etc.






Contact UPI at 091 739456/7 to discuss your investment options in Slovakia.


Utopia Property Investments is regulated by FOPDAC

Bedrooms: Bathrooms: Price (€):
2 1 86,500
Features:
City
Submission Date:
07-19-2007
Last Update:
08-24-2007
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €86,500
 

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