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Property for sale information

 
High Quality Apartments, Prime Location, Last Remaining Units  
Reference nr: PD925788
Description:

The building located at Weidenweg 41 / Eckertstrasse, built in 1895, is a historical monument ensemble pursuant to Secti on 7i of the Einkommensteuergesetz (EStG,
German Income Tax Act).

The group of residential buildings, composed of the front
building, side-wing and courtyard building, is being refurbished and modernized.

Property description Weidenweg 41 / Eckertstrasse:
The multi-family building at Weidenweg 41 / Eckertstrasse has, in addition to the ground floor, four stories in the front building and three stories in the side-wing and courtyard building. There is a complete basement in all the buildings. In the side-wing/courtyard buildings, the original 4th story will be rebuilt and converted to roof flats. The 728 m2 large property has a courtyard 134 m2 in size, as well as a second courtyard area, located
behind the courtyard building, which is approximately 117 m2 in size.

The building is protected as a historical monument.
• protected as a historical monument pursuant to Section 7i of the Einkommensteuergesetz (EStG, Income Tax Act) for the relevant building protection
• all flats have a balcony or terrace
• first-class location for families or single households
• economic purchase prices
• building equipped with modern mechanical devices, elevator on the front side of the side-wing stairwell, which accesses the bordering flats and the two roof flats
• elementary school, secondary school, daycare centers, kindergartens as well as shopping options are all within close walking distance

Bedrooms: Bathrooms: Price (€):
2 1 84,200
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:

 
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Calculators

 
Property price: €84,200
 

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