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Investment Property » For Sale » Czech Republic » Jihomoravsky » Brno » Apartment    

Apartment investment in Jihomoravsky


Location

Czech Republic
Jihomoravsky
Brno

Price

£59,000
to £80,000

Delivery date: 1st Quarter 2009
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Property ID: 399007






     
 

 Description

Key selling points

  • Studios from ONLY £59,000
  • One bed Apartments from ONLY £75,000!
  • Experienced Local Letting agent in Place
  • 15-20% Expected Capital Growth
  • Excellent Long-Term Investment

We have sourced a Very Exciting New Development in the Czech Republic's second city, Brno. The city is Enjoying strong investment and is growing quickly, with property prices experiencing 15-20% per annum growth

After the first deal we had in Brno was a terrific success, we were quick to go back to the developers for another development for our investors! With 75% of this development already sold to the local market there should be an excellent sell on strategy for Buy-to-let investors.

We have the largest and most experienced letting agent in Brno lined up to manage our investors apartments. They have confirmed likely Rental Yields of 7% or more.

The development is located in a prosperous, booming area of Brno called Lesna. The area has a growing population and a large commercial park with many blue chip companies employing professional workers. Capital growth in Brno is currently 15% per annum and 15-20% is forecast for the next year!

 

How the Figures work.....

Studios from £59,000 and One-bed apartments from £75,000!

Initial Reservation Fee - £3262.50                                                              (Finders Fee £1500+vat + £1500 Developers Deposit (This will come off the 7% deposit)

30 Days Time - Deposit Monies of 7% (minus the £1500 already paid)

And £700 Legal costs. (50% of the Total cost)

You will sign the Initial Purchase Contracts at this stage.

Completion - Remaining Legal Cost and Mortgage admin costs, approx £1300.

 

 

As mentioned above we now ONLY have 2 Studios and 6 One-bed apartments remaining.... so please make an enquiry today?! We expect these last few to sell out within the next week or so!!

 

 

 

Disclaimer

Please note that information on the pages on this website do not constitute

regulated financial advice, which recommends a course of action based upon the

specifics of your personal circumstances.

we do not providing financial, legal or tax advice under

the regulations of the Financial Services Authority, and any statements referring to

these subjects are to be considered opinion only. The information presented on

these pages is intended to provide a general overview for personal financial

information. It is recommended that before making any decisions based on the

information provided, you should take independent financial, legal or tax advice

from duly regulated advisors.

Property values can decrease as well as increase. No express or implied income

claims are made herein. we use all reasonable efforts to

ensure that the property information published on the website and elsewhere is accurate, current and complete at the date

of publication; no warranties or representations are made or implied as to the

accuracy of such information.

Neither us, nor any of its Directors, employees or

representatives will be liable for damages arising out of or in connection with the

use of information provided. Nor will they accept responsibility, to the extent

permitted by law, for any errors, omissions or inaccuracies in any of the

information of any kind, nor for any loss arising from the use of, or any action

taken in reliance on, any information appearing on the website and elsewhere.

 

 
     
     
 

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