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Property for sale information

 
Parkowa Aleja, Prime Investment Property in Poznan, Poland  
Reference nr: DB920705
Description:

 40 units available comprising 1, 2 & 3 bed apartments
Investment Facts
 Prices start from £77,000 (approx.) All taxes included
 Town centre location close to the historic Market Square and all amenities including shops, restaurants, bars and Poznans’ extensive tram network
 Student population in excess of 120,000 at 25 separate Universities across the city
 One of Polands’ major centres for trade with Germany, due to its proximity to Berlin (250km) and as home to Central Europes’ largest ‘Trade Fair’ exhibition centre.
 Poznan was one of the strongest growth areas in Poland in 2007 and this is set to continue, in part due to strict planning laws in the region and high demand from an increasingly wealthy workforce
 Host to Euro 2012 matches
 Set to join the Euro (€) in the near future
 Investor friendly local economy with less ‘red tape’ than other parts of Poland
 Secure underground parking
 Balconies to some apartments
 River views
 Several sites earmarked for development in the immediate area.
 Long completion (Spring 2009)
 Sophisticated mortgage market for overseas purchasers (90-110% LTV)
 Full management available including tenant find, rent collection, tax returns and representation at owners meetings. Free for the first year and 7% thereafter

Located in West-Central Poland, equidistant between Warsaw and Berlin, this important and historical city is Polands fifth largest and was ranked as its’ second wealthiest (earnings) in 2007. Unemployment is low amongst its 600,000 inhabitants and it is a hugely important centre of education with roughly 120,000 students attending its 25 individual universities. The most famous of these is the Adam Mickiewicz University, one of the most influential and popular universities in Central Europe.
Introduction to Poznan
Since the end of the communist era in 1989, Poznan municipality and metro area have invested heavily in infrastructure, especially public transportation and improved administration. This has resulted in substantial investment from foreign companies in Poznan. Also important to note is that there is a very positive attitude towards investment in Poznan in comparison to many other parts of Poland.
The EU has also decided to allocate €66.5bn of funds for Poland between 2007 and 2013. This is the highest budget allowed to any of the accession countries that joined the EU along with Poland in 2004, a fact which increases investor confidence and optimism in Poland’s prospects for economic growth.

Bedrooms: Bathrooms: Price (€):
1 1 92,889
2 1 175,371
3 1 373,803
Features:
City
Submission Date:
09-11-2008
Last Update:
09-11-2008
Advertiser Details:


Name:
International Sales

Company:
Maexpa International

Phone:
00 44 (0) 207 960 6039
Fax:
00 44 (0) 207 960 6139
Mobile:

 
Property Photo Gallery

 

Parkowa Aleja, Poznan, Poland.

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Parkowa Aleja, Poznan, Poland

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Calculators

 
Property price: €92,889
 

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