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Property for sale information

 
SOLID INVESTMENT IN HISTORICAL BUILDING  
Reference nr: Fritschest
Description:

Constructed in 1909, this beautiful building was completely modernized in 2006 (both common areas and interiors). Fritschestrasse is in the very heart of the Charlottenburg district, known for excellent living and service conditions. The area is characterized by modernized 4 and 5 storey buildings as well as by quiet green streets. Many theatres, small shops and charming bars and cafes add to the districts unique and charming picture.

This low cost investment is a perfect buy to let opportunity with mortgages with low interest rates available. Reservation is possible with low deposit, only 5% fully refundable. Property management services are not contractually guaranteed but will be arranged for the investor.

Excellent opportunity to invest in an elegant residential residence with existing tenants and attractive rental income. An ideal area to live and visit, offering artists in the cafes surround Savignyplatz, excellent shopping along Kufurstendamm, a stroll down the tree lined “Champs-Elysees of Berlin,” buzzing with commerce, and of course, the Schloss Charlottenburg, the largest palace in Berlin. Situated in this central quarter of Berlin, these apartments are an ideal starting point to explore the vibrant Berlin on foot. Self managed property as management will be arranged for the investor.



FRITSCHESTRASSE
Germany, Berlin, Charlottenburg

One Bedroom 51m² to 59m² €97,929 to €122,683


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 4.70%

Bedrooms: Bathrooms: Price (€):
1 97,929
Features:
City
Submission Date:
03-17-2007
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: €97,929
 

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