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Property for sale information

 
Friedrichshain, Berlin, Germany - Amazing VACANT Penthouse Overlooking River Spree  
Reference nr: LO275877
Description:

Just what you have been waiting for! A two bedroom, VACANT penthouse in Friedrichshain, Berlin with fabulous views of the River Spree.

Quite frankly they don’t come much better than this. The apartment comprises of a hallway, storage room, kitchen, study room/second bedroom, master bedroom, living room and south-east facing terrace with a view to the river. The property has high ceilings, gas central heating, solid oak floors, tiled bathroom with bath and shower and a fitted kitchen.

The penthouse sits on top of a beautiful, modernized apartment house dating back to 1899. This 5 storey building was completely modernized in 1998 and comprises of 26 residential and 2 commercial (offices) units.

This wonderful penthouse is located in Friedrichshain close to the rail station (Warschau Strasse) with its comprehensive services across Berlin. The area offers a wealth of shops, trendy restaurants and bars as well as some famous weekend street markets. This part of Berlin has become extremely desirable in recent times and this property could not offer a better base.

From Euro 290,000 for 2-bedroom penthouse apartment

PLEASE CONTACT OUR OVERSEAS DEPARTMENT FOR FURTHER DETAILS ON 01-6771188.

Bedrooms: Bathrooms: Price (€):
2 1 290,000
Features:
City
Submission Date:
03-05-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €290,000
 

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