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Key selling points
- Yield of up to 4.69%
- Garanteed Rental Income
- Buy-to-Let residential
- Close to all Amneties
OUTRIGHT OR LEASEBACK
The dynamic small town of Sierentz has all the shops and public services essential for family living. The residence has been created using environment-friendly materials and building techniques.
Wood, sunlight, natural colors and rainwater recovery systems all contribute to creating a feeling of wellbeing and a new way of living. The apartments range from 1 to 4 bedrooms with garage and exterior parking. There are private gardens. Price: from € 119,400 to € 288,000 incl.VAT.
Type: 1 to 4 bedroom apartments.
Yield: up to 4.65%
Personal usage: Possible after 6 years
Lease Length: 9 years
Delivery Date: 4th term 2008 NEW ON THE MARKET!
The Pro’s
• Flexible commercial lease with breaking point after year 6, • No need to buy the furniture, • Possibility to break the lease and move into the property after 6 years • Council Tax and service charge paid by the tenant after the first two years • No property tax for the first two years • Property entirely managed and looked after • Reduced notary fees
The Con’s:
No personal usage allowed for the full length of the lease, unless you break the lease The Cost: 10% of rental income paid to the management company Land tax (€7 per sqm per annum)
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