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Property for sale information

 
Germany, Berlin, Charlottenburg / Apartments in magnificent period house  
Reference nr: LO997464
Description:

There are five apartments available in this magnificent, modernised period house in Charlottenburg. This beautiful corner house offers a terrific location in the heart of Charlottenburg. The area offers a rich variety of shops, cafes and restaurants and represents one of the great ‘lifestyle areas’ of central Berlin. The nearest rail station (Charlottenburg) is approximately 400 metres distant and the famous KuDamm is only a short walk at approx. 800 metres. Nearby is the attractive Lietzensee Lake which is a great meeting spot on sunny days.

The apartments range in size between 44-158 m2 over five floors. This wonderful old apartment house has been modernized whilst retaining a number of attractive period features. The refurbishment included the installation of a lift at the rear of the house. All apartments are tenanted offering yields between 2-5%. However, this investment is about LOCATION and Charlottenburg is one of the most attractive spots in Berlin. This much sought after area continues to attract investors who see the benefit from securing investments in prime locations.


Type: Apartment
Area: Berlin, Charlottenburg, Holtzendorffstrasse
Rooms: from studio to 3-bed apartment
Baths: 1
Size: 43.76 - 157.92 m²
Tenanted: yes
Price from: Euro 74,392
Yield: 2-5 %
Ref: FBDA1269


PLEASE CONTACT OUR OVERSEAS DEPARTMENT ON 01-6771188 FOR FURTHER DETAILS.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 74,392
Features:
City
Furnished
Submission Date:
05-29-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €74,392
 

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