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Property for sale information

 
Renovated School House in Friedrichshain, Berlin  
Reference nr: PD397431
Description:

The former Max-Kreuziger-Oberschule school grounds is being carefully restored and renovated in two
construction phases and will be transformed into an elegant residential palace.
A total of 67 flats will be created with approximately 53 m² to 143 m² of living space.
The restoration / renovation work being implemented and the furnishings and fixtures used are
above-average and have been coordinated with the authority responsible for the conservation of
historical monuments.
On the former schoolyard, dotted with older trees, a park-like green area will be created with
fountains and a playground. Parking places for cars and bikes are also planned.
The Max Kreuziger building was built in 1952-53 in a neo-classical style. In the socialist “school
palace”, expensive materials (fine wood, travertine) were used and it was lavishly decorated using
stucco, stone inlay and high quality exterior plaster.
For further information please contact Paul Delaney at 01-4964134 or alternatively by email at paul.delaney@marlborough.ie

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 124,000
Features:
City
Submission Date:
04-20-2007
Last Update:
04-24-2007
Advertiser Details:


Name:
Pat Cody

Company:
Marlborough International Property

Phone:
00353 1 4964134
Fax:
00353 1 496 4135
Mobile:

 
Property Photo Gallery

 

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Calculators

 
Property price: €124,000
 

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