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Property for sale information

 
Großziethen development  
Reference nr: AC301707
Description:

These units are being offered with pre-arranged 70% finance, backed by a 5 year property management term, delivering projected self-financing pooled rental income of 6.3%.

Trinity Capital is offering investors the opportunity to acquire residential apartment units in Berlin, with bank finance of 70% of cost available.

• Prices:
Prices starting from c. €71,000
Low entry equity of c. €30,000

• Rental:
All units under rental management
Projected 6.3% pooled rental income

• Location:
This modern development is situated in the suburbs of South West Berlin. It is easily accessible by rail, by autobahns A13 & A10 and by the Berlin Ring Road. It is also convenient to the areas principal airport, Schonefeld International, which is located about 6 miles to the South East of Großziethen.

• The development:
The first phase of the Großziethen development comprises 60 high specification 1 bedroom apartments, in blocks of no more than 3 floors, all with gardens or balconies. All units are being offered with car park space.

• Investment Rationale:
Germany is the largest state in the EU with a population of over 82M
Berlin is the largest city in Germany with a population of 3.4M
Berlin property, in particular, is undervalued when compared with other European markets
The German economy is now showing very strong signs of recovery following re-unification
Berlin is one of the few major European citiies where buildings can still, in some cases, be acquired at yields of 6.3%

• The German Market:
German housing prices are only marginally above 1990 levels disregarding inflation. Contrast this with most of the major housing markets globally : price increases since 1997 of 187% in Ireland, 139% in the UK, 65% in the US, 76% in The Netherlands and 149% in Spain (Source : The Economist).

• Prime, West Berlin residential property is, in many cases, significantly cheaper than comparable property in Eastern Europe; surely an anomalous position. Funds associated with major international players GE, Goldman Sachs, Morgan Stanley, George Soros and others have perceived the same mis-pricing in recent months, investing in German housing on a very significant scale.

• Trinity Capital regards prime Berlin residential as a good opportunity for real estate investment due to its relatively low base-cost, stability of rental income (high affordability combined with German home-leasing culture) and with income yields running well ahead of prevailing interest rates.


• The benefits extended to investors through the structure created are as follows:

Trinity Capital has negotiated very competitive volume prices, considerably better than an individual buyer would achieve.
Property management of high occupancy tenanted blocks, with pooled rental income.
70% non-recourse purchase finance pre-arranged.
Debt servicing over the 5 year term financed through projected rental income stream.

Please contact us for more information on this fantastic opportunity.

Bedrooms: Bathrooms: Price (€):
1 1 70,000
Features:
City
Submission Date:
09-26-2007
Last Update:
10-01-2007
Advertiser Details:


Name:
Adrian Costello

Company:
Trinity Capital Management

Phone:
+353 1 6767600
Fax:
+353 1 676 7626
Mobile:

 
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Calculators

 
Property price: €70,000
 

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