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Property for sale information

 
HIGH INCOME NEAR THE WORLD GARDEN  
Reference nr: Basdorfer
Description:

Apartments of very good standing located in the north-eastern edge of Berlin, bordering Brandenburg to the north and the east. Many apartments are equipped with fitted carpeting or gleaming laminate throughout and clean bathrooms with tiled flooring. The brand new large windows light up the living space. These exceptional advantages make it a very stable property for investment. A real investment, this is for cash only buyers who are ready to close end of march.

The main landmarks of Marzahn's village centre is the historical castle Biesdorf and the wooden windmill with its rural charm. In addition, one of the largest shopping centers nationwide is just a stone's throw away from the apartments. Main traffic connection to the city centre is city-train S7 and S75, there is also an impressive bus and tram network.

Reservation is possible with a low deposit of 5 %. This low cost investment is a perfect buy to let residential oppotunity. A self managed property as the management will be arranged for the investor.

With its unique World Garden, Marzahn Recreational Park is one of the most popular day-trip destinations in Berlin. Situated between the residential areas of Marzahn and Hellersdorf, the park was opened in 1987 as part of Berlin's 750th anniversary celebrations. Around 21 hectares in size, this flourishing urban oasis displays a variety of flowers whatever the season. Visitors can choose, for example, between the Yellow Garden, the White Garden and the Rhododendron Grove. The World Garden is a real rarity, with the largest Chinese Garden outside of China, as well as stunning Balinese, Oriental, and Japanese gardens.



BASDORFER II
Germany, Berlin, Marzahn

Studio 34m² to 36m² €34,302 to €36,095
One Bedroom 48m² to 49m² €46,800 to €46,800
Two Bedrooms 68m² to 71m² €60,561 to €64,667
Three Bedrooms 77m² to 82m² €70,969 to €75,275


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 8.89%

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 34,302
Features:
City
Submission Date:
03-17-2007
Last Update:
05-09-2007
Advertiser Details:


Name:
IMOINVEST International

Company:
IMOINVEST International

Phone:
+353 (0)1 443 4411
Fax:
+353 (0)1 616 98 34
Mobile:

 
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Calculators

 
Property price: €34,302
 

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