This property is located in Belgium. Pagodas near the Japanese Tower , the 4th floor and top floor of a small building with low charges , nice apartment of ± 95m² consisting of: entrance hall with security door , cloakroom , wc , living 35m² , kitchen, 2 bedrooms, bathroom, terrace.
Transaction costs + repairs are evaluated at 23,950€
Besides rental income , our experts believe it is reasonable to expect a capital gain 3.5% / year for 10 years considering the Belgium property market :
Property prices in Belgium are rising again, after a short-lived decline in the first half of 2014. Nationwide, Belgian house prices rose by 1.13% (1.23% inflation-adjusted) y-o-y in 2014, based on Statistics Belgium figures. On a quarterly basis, house prices increased 1% (1.1% inflation-adjusted) in Q4 2014. more to be found here
YOUR ANNUAL TOTAL RETURN : ( Rental income + gain annual average) 4.24% + 3.5 % = 7.74%
23,950€ (including repairs)