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Property for sale information

 
Berlin-Wedding, Germany / Vacant Apartments available  
Reference nr: LO506887
Description:

A fantastic opportunity to buy a VACANT apartment in Wedding, Berlin. We have twenty apartments recently modernized to include the original (refurbished) wood strip flooring; central heating and new bathrooms. Original ceilings and doors have also been refurbished to enhance the period features. This beautiful period corner house dates back to 1900 and comprises of 43 apartments and commercial units on the ground floor. The residential units range in size from 42 – 125 m2. It may also be possible for buyers to choose colour schemes and tiles, for example, as an element of the final modernization. The stairwells and entrance doors will be refurbished as part of this programme.

Wedding continues to attract the savvy investor as a location sure to benefit from the capital growth potential in Berlin. Excellent local transport links ensure rapid transfer into Alexanderplatz, Hackesher Markt and Friedrichstrasse as well as West across to the Ku’Damm and other central areas. In addition there are superb local shopping and recreational facilities.

Rooms: 1 - 5
City: Berlin Baths: 1
Area: Wedding Type: Apartment
Street: Exerzierstr. Size: 42 - 125 m²
Tenanted: no Price from: 58,000 €

These apartments are excellent investment products – call now on 01-6771188 to arrange your viewing.

Bedrooms: Bathrooms: Price (€):
1 1 58,000
Features:
City
Submission Date:
03-10-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

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

 
Property Photo Gallery

 

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Calculators

 
Property price: €58,000
 

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