- It is a
year round destination
- Beautiful beach front
location
- 10% rental income a year,
guaranteed rental market
- No capital gain tax, no
income tax, no inheritance tax
- It has an established tourist
and property market
- One of the top five holiday
destinations in the world
- Huge demand for Hotel and
Resort accommodation all year round
- Well-established and still
growing tourist industry
- A very popular place for
international real estate investors and tourists
- Limited land available to
build on, so limited new developments
- Demand massively outstrips
supply
|
- Launching
prices are 45% below market value
- Prices start from 95K which
means you need a 28.5K deposit either through equity in a
property or cash.
- If deposit is paid by cash
then the Developer will pay you up to 6% interest on your
money on a monthly basis until completion.
- If your deposit is funded
through equity in property then the Developer will pay the
Full interest payments until completion so this is 100%
financed.
- Guaranteed 70% LTV mortgage
at 200k means around a 40-45k cash back on completion.
- 10% rental guarantee for 2
years (can be extended) means you don't have to worry about
letting the property and rental will cover your mortgage
payments.
- As the freehold owner you
are entitled to use your property for 30 days a year. If you
decide not to stay there you can rent this time out
privately which will increase your yield even more.
|
