Stupidly Cheap do-up project - My Overseas Property

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Property for sale information

Stupidly Cheap do-up project

Price:	€ 39,000 Mortgage & ROI calculators »
Type:	Cave House
Country:	Spain Cortez De Baza Baza Granada

Reference nr: BF859979

Description:

This is a superb reform project within walking distance of the village with 15,000m2 of land water and Electric. There are 3 caves and one particular unique feature – a Cave tunnel to drive through and park in as your own private and secure entrance. Cave one is an easy conversion to a 2 bed property and there is scope for 2 more caves as well. The entrance is very easy and it is possible to walk to the village in 3 minutes. It is a totally private and secure property and there are lots of Almonds and olive trees. The price is crazy considering the potential, location and cheap do-up price

Bedrooms:	Bathrooms:	Price (€):
3	1	39,000

Features:

Submission Date:
08-17-2007

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: €39,000

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