Full Description
The Central 22 development is set in landscaped grounds overlooking a huge manmade lake, and units will include allocated parking and private back gardens. The area serves as prime commuter territory for city centre workers.
This is an off-plan opportunity with completion scheduled for June 2012, and based on exciting figures from a number of sources such as Knight Frank's Global House Price Index, which ranked Slovakia as having the second highest house price growth in the world, investors stand to make:
- Anticipated€365,704profit over4 years
- Anticipated ROI of 155% over 4 years
The developers have arranged staged payment plans for ease of purchase, and are able to put clients in touch with a local Slovakian mortgage provider for the build cost.
Why Slovakia?
- 220,000 new apartments are required to meet demand for property
- At current rates of construction this will take an estimated 15-20 years
- Analysts predict +20% house price growth for the next 5 years
- Stable, market-friendly political environment
- 2008 GDP growth at 10.4%
- One of the most generous tax regimes in the world
- 19% flat tax rate
- No stamp duty
- No inheritance or gift tax
- No capital gains tax
- Favourable Central European location (extremely close to Vienna, Budapest and Prague)
- Member of the EU, NATO, OECD and WTO
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