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Property for sale information

 
534-Tavira-best location!  
Price: from € 165,000
Mortgage & ROI calculators »
Type: Apartment
Country: Portugal
Tavira


Reference nr: 534
Description:

Unique opportunity to purchase an apartment in this historic building which was formerly a convent known as Convento Das Bernardas. The monastery has long since been derelict but will now be restored to its former glory and be a quiet oasis in the centre of Tavira in the historical quarter. It will have a communal centre in what was the cloister area and will be environmentally friendly using rainwater. Solar technology will also be used for light and the entire building will have state of the art fibre optic internet and TV access. The heritage of this property is not to be underestimated.
This is the only historic building in Portugal for which conversion for living has been permitted.

Bedrooms: Bathrooms: Price (€):
1 1 165,000
0 (studio) 1 200,000
2 2 260,000
3 2 370,000
Features:
City
Submission Date:
06-24-2008
Last Update:
06-25-2008
Advertiser Details:


Name:
SMART BUYERS DONT WAIT TO BUY - THEY BUY AND WAIT

Company:
Algarve Property Ireland

Phone:
+353 1 6405364
Fax:

Mobile:
+351 96 1855 649

 
Property Photo Gallery

 

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Calculators

 
Property price: €165,000
 

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