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Property for sale information

 
Cueva Del Cura  
Price: € 29,000
Mortgage & ROI calculators »
Type: Cave House
Country: Spain
Granada



Reference nr: BF965801
Description:

There are only 2 things you need to buy this cave house – A small amount of Money and a big imagination. On the surface (no pun intended) it looks like a series of holes, in hills, but in actual fact it is a very large cave with beautiful views, great access and water and Electric on the doorstep. We think it may be in an urbanisation as well plus it has a full escritura (deeds). It is only 2 minutes by car to the nearest shops and is 1 hour 15 minutes to Granada. It could be divided into two properties and at the silly price it is being sold for the renovation cost should not break the bank. There is about 1,000m2 of land.

Bedrooms: Bathrooms: Price (€):
4 1 29,000
Features:
Ski
Submission Date:
09-06-2007
Last Update:
09-06-2007
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: €29,000
 

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