Guaranteed 7% net yields over 2 years

This newly built development has a commercial ground floor with a bank, a health centre, a hairdresser and a retail unit, whilst the second and third floors both offer seven differently configured apartments, from studios to 2 bedrooms, varying in size from 46 to 121 m˛ and all with spacious loggias. Top quality materials have been used for the construction of the building, such as non corrosive steel and mould and rot free wood.

The project, which is scheduled for completion in February 2007, will be an interesting investment, as the developer will fully furnish all the units within the purchase price and will further guarantee a 7% net yield for 2 years. There also is a good tenant in place as it is currently leased to the Volkswagen management team.


Investment overview
▪ Turn-key investment opportunity. All costs included in package price.
▪ Guaranteed net yield of 7% for 2 yrs. (Net of furniture costs).
▪ Loan-to-sale expectations of 63% (including all furnishings).
▪ Good tenant in place (management of Volkswagen- VW).
▪ Includes high-spec furniture pack, kitchen, bathroom & electronics (incl. plasma screens & DVD player).
▪ Luxury finishings of high standard, including air-conditioning, internet access, video door-phones, and card access for entrance and lifts.
▪ The property management fees for the 2 year guaranteed yield period includes cleaning of the apartment and concierge services.
▪ Beautiful quiet location, home to celebrities.
▪ 15 min. drive to the city centre.
▪ Due to be completed March 2007, immediate returns available.
▪ Units from 3.8m SKK (110k EUR / 72k GBP)