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Property for sale information

 
Mixed Development  
Price: € 1,980,000
Mortgage & ROI calculators »
Type: Commercial
Country: Germany
Berlin


Reference nr: LO800830
Description:

Although located close to the busy Hermannstrasse in Neukoelln, Berlin this property enjoys a quiet side street position. Two railway stations are close by offering excellent transport links across Berlin. The main shopping and recreational area is on the door step offering an extensive range of boutiques , restaurants and bars.

The property dates back to 1905 though modernized offering excellent quality accommodation. The building offers 31 residential and 2 commercial units with a total floor area of 2108m2 built over 5 floors including the developed attic. The actual rental income is 106,000 euros with a yield of 5.4% although 126,000 euros is anticipated which would be a yield of 6.4%.

Features:

- Fully licensed and bonded auctioneering company (S1229A)
- Or call to our offices
- Phone us now for more information
- Selection of Excellent Properties in the area to view
- Inspection Trips Available www.locations.ie

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: €1,980,000
 

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