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Property for sale information

 
Berlin - Schoneberg  
Reference nr: UP439065
Description:

If you are looking for a highclall property with long lease tenants and what a bank to assist you in a mortgage - then this is the one!

This popular residential location for young and old, symbolically re- presents both restless, colourful diversity and middleclass ambience.

This municipal district situated in the western part of the city centre is very popular among Berliners and many newcomers, not only due to its diverse cultural scene and fashionable pubs and bars frequented by the in-crowds but also because of its handsome and tasteful residential quarters (e.g. the Bayerisches Viertel;

The property is particularly attractive owing to its stylistic elements which are typical of old buildings, such as stucco facades, ceiling stucco in individual rooms, appealing room heights, attractive room doors as well as parquet or board floors.

As early as the beginning of the nineties, the previous owner carried out comprehensive redevelopment and modernisation work on the piece of property.



Bedroom(s): Studio - 2Bed
Bathroom(s): Yes
Floor area: 40 - 76m2
Type: Apartments
Condition: Refurbished
Status: Available
Year: 1900
Price from: € 78,000

Price to: € 152,000
Rental yield: 5.0% net


Contact 091 739456/7 to discuss availability and a possible viewing.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 78,000
Features:
City
Submission Date:
07-27-2007
Last Update:
08-09-2007
Advertiser Details:


Name:
Utopia Property Investments

Company:
Independent Property Advisors

Phone:
000000000000
Fax:

Mobile:

 
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Calculators

 
Property price: €78,000
 

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