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Key selling points
- 15% price increase in two weeks
- Option to Flip in 3 months
- Prices starting at £105, 630
- Low deposit required
- 85% Uk Mortgage available
- Freehold apartments
- Unique location in Bahrain
Pre-release Prices starting from £105,630.00
Location:
The Landmark City View’s renowned for its unique location.
The Landmark City View is in the Seef District, Opposite Dana Mall from the right-hand side and opposite the King Faisal highway from the north.
This luxury 20 story tower is nestled in the Seef District with close distance to Dana, Seef and the imminent City Center Mall, placing you in the neighborhood of all the world’s most exclusive shopping brands. The modern architectural building offers the choice of 3 bedroom executive suites and luxury 1 and 2 bedroom apartments.(FreeHold)
These apartments are at pre release prices starting from £105,630.00. They are due for imminent release to the public, where there will be a 15% price increase in the next two weeks. Availability is limited, This development in particular is a good vehicle for anyone to make a quick 100% ROI.
The 2 year construction time will allow for considerable capital growth, with finished comparable properties in the area selling today for over £100,000.00. With predicted capital appreciation of around 25% per annum, the returns are fantastic.
With mortgage finance available up to 85% loan to value (subject to status) it really doesn’t get much better than this, with the predicted capital appreciation and the benefit of a mortgage this surely represents one of the best opportunities available anywhere in the world, 200% ROI in 2 years, and a rental yield of in excess of 10%.
Financing:
Mortgage finance is available up to 85% Loan to Value from Ali United Bank who have a branch in the UK. You do not need to worry about having the mortgage in place until June and provided you have a good credit history this will not be a problem.
The ability for investors to make a quick decision is paramount the prices will be increased by 15% in two weeks. Meaning a property value of 100K makes 15K not bad for a 10K investment.
Payment Terms:
10% Deposit, followed by 5 quarterly payments of 10%, 2 quarterly payments of 15% and a final payment of 10% on handover.
Rental:
To give an idea of rental prices in these apartments, a small 1 bed will bring approx 1000BD per month at today’s prices. So rental yield will be in the order of 10 to 12%. When the project is completed in 2 years time it is predicted these apartments will have increased in value by a minimum of 50% from today’s value. This may or may not be of consequence, it depends whether or not the the investor wants to buy and hold or buy and flip….either way it’s an excellent deal.
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