GUARANTEED
INCOME
High quality studios in commercial district
Total number of units
- Total number of units by type:: 94
- Number of available units by type:: 35 (37%)
Complex/building features
- Total number of units 94
- Total floors 6
- Type of construction Completely renovated building / Old brick property / Reinforced concrete structure
Distances
- Airport 5 km to
- Distance to centre of the town/city 100 m
- Food shop 300 m
- University 1.70 km
Rental income features
- Rental demand in the area High,Long-term rental,Short-term rental
- Who will rent Local people,Students,Young professionals
- Unit finishing in order to rent Fully-furnished
- Rental management Local estate agency
- Annual rental income 8% (guaranteed)
Exit strategy
- Resale Possible after completion, Possible before 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
- Bathrooms Fully fitted bathroom, Shower box
- Flooring in rooms Laminate flooring, Wall-to-wall carpet
- Internal walls Painted walls, Walls with wallpaper
- Heating Central heating / Electrical heating
- Windows UPVC window frames
- Views from units River views, Town views
Additional purchasing costs
These additional costs include the following, among others:
- Lawyer fees £750 + VAT + Disbursements
- Other costs Furniture Pack: £2495 + VAT
Capital appreciation (p.a.)
- Expected price increase of the property* 4-6% (estimated)
*Quote is based on historic facts, market analysis and monitoring of local trends on the market.
*Resale price is fully depending on market conditions. Resale price is not guaranteed.
Ongoing costs and aftersale charges
- Maintenance charge Not obligatory,
- Management fee and looking after property Management cost after the rent assurance period: 8% +VAT of monthly rent
- Keyholding Not obligatory,
- Accountant Not obligatory,