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Key selling points
- Guaranteed rental of min 8%
- Owner occupier or leasehold options
- Low deposit and easy payments
- 70% Mortgage with HSBC
- Beachfront and ocean views
- Superb on site facilities
guaranteed rental package starting from 8% per annum (MIN) with an estimated 15% to 20% capital growth. HSBC UK Mortgage of 70%. 2weeks personal usage and free flights for owners? Still more to come - Fully furnished huge range of facilities and spa and just 25mins from Kuala Lumpar airport.
- No Capital Gains
- No tax on rental
- Fully backed by the government who own 33%
- Proven joint venture partners
- Underwritten by PNSB
Finance provided by HSBC MalaysiaFirst phase of this beachfront village which will comprise of 22miles of long sandy beaches plus nature reserve. Stunning ocean views and superb facilities.
Prices from just £73000 This must be the investment package of a lifetime.
TWO OPTIONS
Lease Back - Maintained and operated by 5 Star Resort Hotel (Swiss-Bel International Hotel) - Fully Furnished - 14 Nights free stay + free flights for the first 2 years (1 set of return flights per year) - Privilege Membership Card - Guaranteed Rental GRR)
Owner Occupation - Must pay Maintenance fees - Must Contribute to a Sinking Fund - Privilege Membership Card Finance
Finance LTV up to 70% is being sourced via HSBC bank in Malaysia with estimated interest rates of around 6.3% over 20 – 30 years, up to the age of 65. This finance is on a draw down basis, with payments starting on completion.
Reservation – A 2% reservation fee is required to secure a property and is fully refundable in the event that the loan application is rejected.
Payments – payments are made as follows:
- 10% on contract 10% on Commencement of piling works for said building (approximately 2-4 months) 10% on commencement of pilecap of said building (approximately 6-8 months) Capital gains tax
- The law has just changed making capital gains on property zero rated.
Completion dates – The developer estimates a completion date of 18 – 24 months depending where the property is within the development. 328 units (124 Travelers, 816 Canary, 66 Ivory and 10 Royale) and is phase one of a 10 year project covering 22km of coast line. Construction - Reinforced concrete foundation and frame, with Masonry wall and cement board cladding. The roof is a timber truss with alang alang thatch. Timber flooring is used throughout apart from the bathroom where a terrazzo tile is used. Air conditioning is fitted as standard in all units.
Furniture –Fully furnished Rental package – Guaranteed return of 8% for years 1 and 2 then review every 4 years with minimum 8%.
Projected returns are:
- Year 3 – 8.04 - 8.33%
- Year 4 – 8.80 - 9.12%
- Year 5 – 9.62 - 9.97%
- UP TO 15 YEARS
Free stay – Owners are given 14 nights free stay during the 15 year lease back.
Request full brochure details now as these are selling like hotcakes.
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