House For Sale Central Tallinn Ad:161009

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1bedroom wonderful bedroom sale Central Tallinn

€140,000

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House 1 bedroom
For Sale
Vanalinn, Tallinn
Estonia

Veerenni, Central Tallinn, Tallinn, Tallinn, Estonia
Veerenni, Central Tallinn, Tallinn, Tallinn, Estonia - Click to view photos
�140,000 - Finance this property from �407 per month *
Apartment For Sale

1 Bedroom, 1 Bathroom

well-known as a desirable area to live due to its quiet, leafy streets and local amenities, including schools, shops and parks.

The area around each building will be professionally landscaped to enhance the natural environment and create a sense of community. The ground floor will consist of commercial space suitable for offices, retail shops and administration. Secure underground parking is available at additional cost and may enhance the attractiveness of your apartment on the rental market. Access to the apartments is via a central staircase and modern lift.

If your apartment rises in value by 10% during the construction period (and this is a conversative estimate given that the completion date is not for 15 months) you would benefit from a 200% percent return on your initial investment (ROI). If the market rises by 20% (again, a realistic figure), your return on investment would be around 300%.

Upon completion, it is possible to obtain 80% LTV financing from local banks and the Arc property team in Tallinn will ensure that your apartment is rented out and starts generating income as soon as possible.

However, should you wish to exit prior to completion you have the option to reassign your contract, meaning that you avoid the additional costs and hassle (although Arc Property will work with you to minimise this) of completing on the purchase and renting it out. Arc Property can assist you in this and any fees will be covered by the new purchaser

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