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Property for sale information

 
Hilbert Strasse - Berlin  
Reference nr: CO874046
Description:

Hilbert Strasse

Location

Located in Berlin-Lichenrade, one of the most prestigious residential areas of Southern Berlin. The area is renowned for its exclusivity and is home to an array of luxury houses and properties of high end apartments.

Description

Hilbert Strasse is a beautiful quiet, tree lined street offering easy access and the convenience of the city centre just 15 minutes away. Just 10 minutes due south by car will bring you out of the heart of Berlin to the nature parks over the border at Brandenburg.

The property, constructed in 1912 was completely refurbished in 2003 to an extremely high standard. No expense has been spared during the renovations which is reflected in the type of tenant occupying the apartments and the rental incomes achieved. The lush private gardens benefit from playground areas as well as a barbeque station that is frequented by all the tenants during the
summer.


Property Features

* Pre-War building, magnificently restored

* Strong capital growth potential

* Long term rental contracts

* 3 year rental guarantee at 5% net yield

* 60% mortgage available

* Full management included

Prices

* Studio Apartments - Sold out

* 1 Bedroom Apartments from €148,500 - current net rental income €618/month

* 2 Bedroom Apartments - Sold out

* 3 Bedroom Apartments from €311,990 - current net rental income €1300/month

Bedrooms: Bathrooms: Price (€):
1 1 148,500
3 2 311,990
Features:
Submission Date:
07-29-2008
Last Update:
07-29-2008
Advertiser Details:


Name:
Chris O'Driscoll

Company:
MPS Global

Phone:
00353 14911422
Fax:

Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €148,500
 

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