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Property for sale information

 
CAPITAL Tower  
Reference nr: Cap Towers
Description:

Guaranteed rent 5.3% for 10yrs

CAPITAL Tower is a 17-storey apartment block, originally built in the 70s. The redevelopment of CAPITAL Tower encompasses a core renovation that will completely transform the building and the surrounding area.

The architectural design of the individual apartments, the use energy efficient systems and in particular the addition of glass pods which project from the facade make CAPITAL Tower unique in Berlin.

There is a choice of eight floor plans which range in size from 34.5m2 to 87.9m2 * City Centre Location * 10 year 5.3% Rental Guarantee * Financing Available * Immediate access to public transport system * Prices include fitted kitchen & bathrooms * Tenants responsible for other furnishings * Completion Spring 2008 * Units from 34.5msq to 87.9msq on 17 floors * Renovated to highest standards PAYMENT PROCEDURE * Booking Fee: €3,000 * Balance to 40%: On Signing Contract (4-6 weeks later) * 65% Loan: Drawn Down On Completion Spring 2008 (5% Cost - Stamp Duty, Legal & Registration)

ADDITIONAL INFORMATIONSituated on the corner of Altenhofer Strasse and Landsberger Alle - one of the main arteries to the centre of Berlin - this neighbourhood combines elements of its rural past with modern architecture and borders the fashionable district of Prenzlauer Berg. Only a short, five minute tram ride to the famous Alexander Platz in the city centre, the vicinity has two modern shopping centres, medical facilities, schools and kindergartens. Around the corner is the Sports-forum offering extensive sports facilities and close by a large park. All of this combines to make the area ideal for young professionals and their families.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 37,500
1 1 65,500
2 1 89,000
Features:
City
Submission Date:
03-26-2007
Last Update:
07-03-2007
Advertiser Details:


Name:
Liz Maher

Company:
Imagine Property Network

Phone:
1850 200 780 or 091 730104
Fax:

Mobile:

 
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Calculators

 
Property price: €37,500
 

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