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Friday, July 18, 2008
Why ski anywhere else when Slovakia offers the only truly alpine skiing in Eastern Europe at a fraction of the cost?
The Tatras Mountains, a UNESCO world heritage site, are fast maturing into a prime ski destination with stunning investment potential.
Resorts in the same mountain range across the border in Poland are considerably more expensive, as are those in Western Europe.
We have therefore selected an elite 4* development bordering the Tatra National Park, 5 minutes from alpine ski slopes and a short distance from an 18 hole golf course.
A mixture of studio, 1, 2 and 3 bed apartments and villas within a gated secure complex will offer a high standard of living and a range of facilities including spa, ice rink and bustling plaza.
Studio apartments are available from ~ £56,137. Guaranteed rental options of 5% or 6% per annum are available whilst the annualised return on capital employed is expected to be 147%.
Property Frontiers are exclusively offering 20 investors the chance to buy into the hugely successful Silver Resort in The High Tatras on a 10% down until completion basis.
- Only 10% deposit until completion.
- 90% mortgages now available.
- Invest for as little as £7000 plus legal costs.
- 3% price increases on 23 July: Reserve your unit before then to secure at the current price.
- Guaranteed rental income and expected return on capital employed of 147% per annum.
According to Sourcing Manager at Property Frontiers James Black, purchasing at Silver Resort gives investors ‘an incredible opportunity to benefit from capital growth during construction' and thanks to strict planning restrictions over the Tatras Mountains, ‘supply should never outstrip demand due to overdevelopment'.
In essence, Silver Resort constitutes a very secure investment opportunity where low entry costs, favourable payment schemes and sensitive development equate to low cost entry with the potential for high price appreciation.
At the heart of Europe, Slovakia's economic growth is outperforming neighbouring countries with GDP growth of 10.4% in 2007 and FDI increasing by an enormous 600% since 2000.
Add to this Slovakia's flat tax rate of 19%, 0% stamp duty, tourism expected to increase by 5.3% per year for the next 9 years and capital appreciation already in the region of 15% and investment property in Slovakia has a very promising investment future.
For more information on Slovakia, the High Tatras or Silver Resort please contact Property Frontiers on 01865 202700 or visit our website:
http://www.propertyfrontiers.com/
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