GUARANTEED
INCOME Luxury buy-to-let serviced apartments, centrally located

 
/ ANO TOUMPA
INVALID LISTING

Total number of units

  • Total number of units by type:: 78
  • Number of available units by type:: 53 (68%)
  • Location: Region Andrijevica Municipality, Ano Toumpa MAP
  • Development: Residential
  • Unit types: Apartments (various types), 1-bedroom apartments, 2-bedroom apartments
  • Total number of units:78 
  • Units available for sale:53 (68%)
  • Unit sizes: 0 sq.m FLOOR PLANS
  • Development status: Under construction
  • Planned completion: October 2018
  • Ownership: Freehold 
  • Rental return (p.a.): 8% (guaranteed)
  • No commission
More features Less features

Complex/building features

  • Total unfolded area of the building/s 100000 sq.m
  • Total number of units 78
  • Type of construction Reinforced concrete structure

Distances

  • Airport 12 km to 
  • Food shop 200 m
  • Railway station 500 m
  • University 2 km

Rental income features

  • Rental demand in the area High,Long-term rental,Short-term rental
  • Who will rent Expats,Local people,Young professionals
  • Unit finishing in order to rent Fully-furnished
  • Rental management In-house management company,Local estate agency
  • Annual rental income 8% (guaranteed)

Taxation

  • Annual local tax/council tax (approximate) £500-£1,169 (estimated)

Exit strategy

  • Resale Possible after completion
  • Easy exit High demand - very easy
  • Who will buy Foreign buyers, Local people

*Please note that exit or resale of property depends on market conditions.

Unit/apartment features

  • Furnishing Fully furnished
  • Heating Air-conditioners
  • Views from units Town views

Facilities in the complex/building

  • Communal Outdoor parking lot, Internet access, Laundry and dry cleaning
  • Recreational Children's playground, Fitness centre, Indoor swimming pool, Jacuzzi
  • Commercial Cafe

Additional purchasing costs


These additional costs include the following, among others:

  • Stamp duty 5-9% (estimated)
  • Lawyer fees £900-£1,800 (estimated)

Buy-back options

  • Buy-back options 110% at year 7

Ongoing costs and aftersale charges

  • Management fee and looking after property Obligatory, £1,000 - one bedroom; £1,250 - two bedroom
Less features