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Property for sale information

 
Germany, Berlin, Neukoelln / Exceptional Yield of 8.1%, great investment with growth potential  
Price: € 340,000
Mortgage & ROI calculators »
Type: Apartment
Country: Germany
Berlin


Reference nr: LO504187
Description:

EXCELLENT INVESTMENT PRODUCT WITH EXCEPTIONAL YIELD OF 8.1%. Tenanted apartment house available in Alt-Buckow, Neukoelln which is a period house dating back to 1900. The property has four residential units (438m2) on a plot size of 846m2 and was modernized in 1990. The rental income exceeds 27,000 euros per year which offers a great yield of 8.1%. Furthermore with a rent increase the yield could exceed 9%!

Alt-Buckow lies to the south of central Berlin and offers a ‘green’ residential area. This area is likely to benefit from the new Berlin International Airport currently under construction alongside the existing Schoenefeld Airport and due to open in 2011. The new airport is expected to have a considerable impact on local communities through the demand for additional housing for the substantial workforce.


This is a great return and excellent for growth...and with a rental increase potential of 9,1% yield.



Type: Apartment Block
Area: Berlin, Neukoelln, Alt-Buckow-Strasse
Size: 438 m²
Tenanted: yes
Price from: Euro 340,000
Yield: 8.1 %
Ref: FBFB1291


PLEASE CONTACT US IMMEDIATELY ON 01-6771188. DO NOT MISS THIS OPPORTUNITY!

Bedrooms: Bathrooms: Price (€):
6 4 340,000
Features:
City
Furnished
Submission Date:
06-18-2008
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: €340,000
 

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