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Property for sale information

 
CENTROMAR  
Price: from € 170,000
Mortgage & ROI calculators »
Type: Apartment
Country: Portugal
Madeira


Reference nr: FX02110
Description:

Harmony in the city!

Centromar is the exemplification of vibrancy and quality living in one single location.

Choose from elegant one to four bedroom designs starting at € 170 000.

Exceptional brand new development in west Funchal city that is designed to be a stylish and serene architectural statement on the local landscape.

These apartments offer a distinguished way of living in a charming city and a dazzling array of local amenities created to suit your lifestyle.

The Forum Madeira shopping centre, many local beaches, a promenade, gymnasium, restaurants and supermarkets are just minutes away, right at Centromar´s doorsteps!

In addition to all this, Centromar is located in a vibrant area where many of Funchal´s top 5 star hotels are located.


Funchal city, the capital of the archipelago is on Madeira’s south coast, in a beautiful bay washed by the warm waters of the Atlantic Ocean and surrounded by tall, green mountains and deep valleys.

Bedrooms: Bathrooms: Price (€):
1 1 170,000
2 2 210,000
3 2 305,000
3 2 800,000
Features:
City
Submission Date:
05-15-2008
Last Update:
10-08-2009
Advertiser Details:


Name:
Pedro Silva

Company:
Futurmade Overseas Real Estate

Phone:
351 291 22 12 48
Fax:
351 291 23 13 50
Mobile:
351 963 04 26 36

 
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Calculators

 
Property price: €170,000
 

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