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Property for sale information

 
CASH ONLY BUYERS CLOSE IN FEBRUARY  
Reference nr: Muenchener
Description:

Recently refurbished building of good standard nestled in a Bavarian neighborhood of Berlin. Offering many apartments in the most auspicious district of Berlin. A real investment, this is for cash only buyers who are ready to close in March. The apartments are equipped with built-in kitchen as well as tiled flooring in the bathrooms, large windows, balconies and wooden floors throughout.

Schoeneberg is more than just the district between hip Kreuzberg and sophisticated, bourgeois Wilmersdorf. Classy bars, cafes and restaurants make it a lively and animated pubs and clubs district. With access to everything, the underground lines U1, U2, S6, U7 and ring train S41/42 traverse Schoeneberg in west-east direction, the north-south connection is provided by U4, S1 and S2.

In nearby Rathaus Schoeneberg (Schoeneberg town hall) John F. Kennedy delivered his famous "Ich bin ein Berliner" speech to isolated West Berliners in 1963. West Berlin was governed from Rathaus Schoeneberg until reunification; to this day its Liberty Bell peals every midday. Possibly Berlin's most famous daughter rests in the cemetery on Stubenrauchstrasse: the inimitable Marlene Dietrich, born in Schoeneberg in 1901. On Kurfuerstendamm's eastward prolongation Tauentzienstrasse (KaDeWe), mainland Europe's largest department store, beckons passers-by to peruse its various departments and partake of its gourmet fare.



MUENCHENER
Germany, Berlin, Tempelhof - Schoeneberg

Studio 32m² to 43m² €39,160 to €52,250
One Bedroom 65m² to 73m² €79,970 to €89,210
Two Bedrooms 73m² to 74m² €88,770 to €89,430


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 8.23%

Bedrooms: Bathrooms: Price (€):
0 (studio) 39,160
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: €39,160
 

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