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Property for sale information

 
The Little Village  
Price: € 189,500
Mortgage & ROI calculators »
Type: Cortijo / Old Spanish Farmhouse
Country: Spain
Fatima
Castril
Granada


Reference nr: BF968853
Description:

The little village is comprised of 8 properties and 2 caves set in 3,000 m2 of land and commanding views of a river and valley. Set in an idyllic surrounding, within 200 metres of a lake this property represents a superb business opportunity for a rental, rural rental project (turismo Rural) and is excellent value for money. All the properties require restoration but the seller is a Spanish constructor and has offered to develop and restore each for 39,000€. Water and Electric are connected and there is full legal registered paperwork. The setting is quiet and tranquil but within easy reach of the nearest village and there is an excellent summer restaurant within walking distance. The seller is also offering an investment package. The activities are endless with fishing, horse riding, canoeing and mountain biking on the doorstep. Granada and Airport only 1 hour 20 mins away

Bedrooms: Bathrooms: Price (€):
10 10 189,500
Features:
Submission Date:
08-15-2007
Advertiser Details:


Name:
Bernard Fitzpatrick

Company:
C.A.S.A. S.L

Phone:
0034 958744180
Fax:
0034 958744180
Mobile:
0034 661057709

 
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Calculators

 
Property price: €189,500
 

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