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Property for sale information

 
5.9% Yield  
Price: € 2,079,000
Mortgage & ROI calculators »
Type: Commercial
Country: Germany
Berlin


Reference nr: LO862906
Description:

Schoeneberg, located centrally in Berlin, offers an established and attractive area for the long term investor. This prime residential area has excellent leisure, transport and recreational facilities. In addition the tourist and popular areas of central Berlin are close by.
This centrally heated, four storey property was built in 1918 and has 30 apartments (1931m2) and 2 commercial units (185m2). The apartments are in the size range 36 – 152m2 with a total floor area for the building at 2116m2 on a plot size of 722m2. A number of the apartments have balconies and the roof space has been utilized for residential space. Only one residential unit (93m2) is currently vacant. The rental income is approx. 122,000 euros producing a 5.9% yield

Features:

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Features:
Submission Date:
03-11-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

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

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €2,079,000
 

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