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Property for sale information

 
THE PLACE TO BE IN BERLIN  
Reference nr: Roonstrass
Description:

This is a fantastic opportunity to invest in an upscale district of Berlin. 2 flats are available in this pristine, massive 4-storey building which was built in traditional style with brickwork, timber framing, wooden floors and typical Berlin roof structure. 1 of the flats is in attic space. In 2002/03 the whole facade and the staircase were modernized. New mailboxes and a modern intercom system have been installed. During the modernization process the windows were upgraded, a new central gas heating system was installed and the surrounding park and courtyard have been redesigned.

This is a fantastic opportunity to invest with moderate risk in this upscale district of Berlin. Purchase of this exceptional Buy to Let residential property is possible with a deposit of 5%, fully refundable. A self managed investment as property management services are not contractually guaranteed but will either be arranged for the investor, sourced on the open market, or arranged by the investor directly.

Zehlendorf, Berlin's classical exclusive residential area, allures the metropolitans to summer resorts like Wannsee lake and Grunewald forest – there's hardly any Berliner who does not dream of a comfortable mansion in Berlin's most genteel district with its scenic landscape on the Havel river. According to the “Ploetz Real Estate Guide 2002” the object has a 3*-location as it is located very close to Berlin’s famous Botanical Garden in a quiet living area with villa-like neighbouring buildings and old tree population. Good access to public transport as well as to the highway-system will let you reach the city center within minutes. Close by you will find Schlosstrasse with its upscale stores and boutiques.



ROONSTRASSE
Germany, Berlin, Zehlendorf - Steglitz

One Bedroom 61m² to 62m² €128,000 to €128,000
Three Bedrooms 113m² to 114m² €249,000 to €249,000


Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 4.51%

Bedrooms: Bathrooms: Price (€):
1 128,000
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: €128,000
 

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