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Property for sale information

 
PERFECT FOR THE SERIOUS INVESTOR  
Reference nr: Schoenburg
Description:

This beautiful turn-of-the century building with 21 flats has been thoroughly modernized including careful renovation and refurbishment of the facade, windows, roof and structures, staircase, and installation of a new intercom system resulting in high quality living conditions. The apartment also features a fitted kitchen. The apartment is a self-managed property. Management will be arranged for the investor, sourced on the open market or arranged by the investor directly. Reservation is possible with a low deposit of 5%.



Schoenburgstrasse is a small and quiet side street, combining a central location with high excellent living conditions. All necessary facilities are located within a few steps including plenty of shopping opportunities, schools and medical institutions. There are several public parks in the vicinity including the beautiful Bosepark and the Alter Park around picturesque lake Klarensee.



Over the past years, Berlin has significantly increased its attractiveness for locals and investors. As the capital of Germany, it is seeing huge government investment into infrastructure and upgrading projects. However, real estate is still available at very low prices. Investors can enter this evolving market at a fraction of the capital needed to buy property in other European metropolitan areas. To this end, experts expect a significant rise in property prices over the next years.




SCHOENBURG
Germany, Berlin, Tempelhof-Schoeneberg

Two Bedrooms 73m² to 73m² €129,000 to €129,000

Classic - Buy to Let
EXPECTED RENTAL INCOME UP TO: 4.13%

Bedrooms: Bathrooms: Price (€):
2 129,000
Features:
City
Submission Date:
03-19-2007
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: €129,000
 

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