Builder: Provided by TheMoveChannel.com
Address:
Region: High Tatras National Park
Location:
Country: Slovakia
Investment: No
Stories: N/A
Units: N/A
Bath:
Bedrooms:
Unit Size: Contact Builder
Price: $219,024
Phase:
Leaseback: No
Completion Date:
5% or 6% guaranteed rental options available
Secure, gated resort with a variety of sports and leisure facilities in a superb location on the edge of the Tatra National Park
Alpine standard skiing at a fraction of the price
80% LTV mortgages available - Invest with just 11,762 cash + purchase costs
Area of outstanding natural beauty & UNESCO world heritage site with a wealth of tourist attractions to enable year-round visitation
Limited supply due to construction restrictions
600% increase in FDI since 2000
Increased tourist arrivals - Tatras Mountains are a hot spot for Eastern Europeans
Slovakias capital appreciation is currently at 15% per annum
Description
Located in the heart of Europe, Slovakias economic growth is outperforming neighbouring countries and to this end is attracting increasing amounts of Foreign Direct Investment. Slovakia now has the largest car production per capita in the world.
Its tourist industry is also gaining momentum and has seen visitor numbers to both its cities and mountainous regions steadily increasing. UK visitors to Slovakia increased by 38% between 2006 and 2007. The Tatras mountains have long been a well kept secret by the locals, but visitor numbers are steadily increasing in the Presov region with hotel revenues up by 43% in 2006.
Capital appreciation in Slovakia averaged at 15% in 2006.
Location
The Tatras Mountains form the border between Slovakia and Poland and are a UNESCO world heritage site. As well as being an area of outstanding natural beauty, the resorts of the High Tatras have a wealth of attractions to offer tourists year-round including skiing, hiking, spa and golf courses.
Previously a relatively untapped resource, Slovakias tourist spots are now becoming popular with both foreign and local investors, particularly as owning a second home in the famous ski resorts of the High Tatras is an important status symbol for wealthy Eastern Europeans. Due to limits on construction in the region, there should never be an over-supply meaning demand for a holiday home or let in the main ski resorts will remain high.
The Properties
Located on the edge of the Tatra National Park, the Silver Resort commands spectacular views across the Tatras Mountains and the surrounding landscape. A mixture of 1 to 3 bedroom apartments and villas, the resort will be a unique concept in the area and will offer its residents a high standard of living with a wide variety of facilities.
Conveniently situated just 15 minutes drive from Poprad Airport (with regular flights from London Luton and Stansted), 5 minutes drive to ski lifts and 4 km from an 18-hole golf course this resort will have something to offer everyone.
Add to this the fact that 80% LTV mortgages are available, enabling investments from just 12,699. With guaranteed rental income options available to give 5% or 6% yields, this is a cash flow positive investment offering forecasted capital appreciation of 15% per annum. The Silver Resort will be a sound investment option as well as a luxury holiday home.
Amenities
Sports facilities include Tennis Courts and Ice Skating Rink
Kids Club
Boutiques
Swimming Pool
Restaurants, Cafes & Bars
Spa with saunas, Jacuzzi, pool & massage centre
Central Plaza
Hotel
Payment Schedule
A partly refundable deposit of 5,000 is required to enable your reservation
20% of the total purchase price is payable upon signing the Future Purchase Agreement (FPA)
80% of the total purchase price is payable upon completion of the development (estimated to be 2nd Quarter 2010)
- Region: View All "High Tatras National Park Apartments"
- Country: View All "Slovakia Apartments"
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