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Property for sale information

 
Guaranteed Rental Return for 3 Years  
Reference nr: GC654379
Description:

This apartment building is located in the Tiergarten area of Berlin, famous for the Berlin Zoo and the associated park area ( the largest enclosed park of any city in Europe). We have on offer 26 apartments all modernized in the year 2000, the original building dating back to 1958. The tenanted apartments produce a yield of 4.9% WHICH IS GUARANTEED FOR THREE YEARS and includes property management services. The properties are available as studios, or one and two bedroom units ranging in floor area from 35 – 88 m2. The apartments have modern kitchens and bathrooms, both tiled. In addition there is central heating, street parking and a cellar storeroom. As you would expect from such a central location the area offers a full range of amenities with a huge range of shops, restaurants , bars, museums and not forgetting the Zoo! Transport links include above and below-ground rail services as well as several bus routes. As for leisure time you could always walk alongside the River Spree which is close by or take one of the many ferries across to the old east Berlin where you will find a host of architecturally interesting buildings. Size: 34,77 - 87,56 m² Tenanted: yes

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 55,632
Features:
City
Submission Date:
10-07-2007
Advertiser Details:


Name:
Gillian Coyle

Company:
CPS Ireland

Phone:
00353(0)61-360799
Fax:
00353(0)61-718869
Mobile:
00353(0)86-3684584

 
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Calculators

 
Property price: €55,632
 

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