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Property for sale information

 
Mozart Development, Krakow  
Reference nr: SB561145
Description:

PropertyGem is offering investors an opportunity to purchase off-plan apartments in this European Metropolis; Krakow. Apartments start from only £50550 and are available with only 5% deposit, with the balance payable on completion. Property prices rose by 33% last year in Krakow, making this city an excellent investment destination.

Krakow is one of the most exciting investment opportunities currently available in Poland, where last year property prices increased substantially, and are predicted to record double figure increases again this year. The Mozart development offers a range of apartment sizes, with the entry level studio's starting from under £48,000. One of the best features of this development is the investor friendly financial terms, with only 5% deposit required to secure an apartment, and the balance due on completion.

This development is located in the district of Krowodrza, not far from the city centre of Krakow, Poland's most cultural city and within good reach of public transport. The neighbourhood comprises schools, kindergartens, shopping centres, tennis courts and a complex of Bia³opr¹dnicki Park.

The development is located between Siewna Street and Bociana Street in Krakow. The complex comprises 31 small buildings with the height ranging from 4 to 8 above-ground storeys.

Contact PropertyGem for a full information pack.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 72,660
1 1 117,586
2 1 147,865
3 1 142,298
Features:
City
Submission Date:
11-05-2007
Advertiser Details:


Name:
Stewart Black

Company:
Property Gem

Phone:
0044 20 7430 0262
Fax:

Mobile:

 
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Calculators

 
Property price: €72,660
 

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