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Brno - 1, 2 Bed Apartments in Brno

Home » Czech Republic Property » For Sale » Czech Republic » Jihomoravsky » Brno » 1, 2 Bed Apartments

Property ID: 399007

Apartment

Price : £59,000 to £80,000

Delivery date: 1st Quarter 2009

Key Features

  • - Studios from ONLY £59,000
  • - One bed Apartments from ONLY £75,000!
  • - Experienced Local Letting agent in Place
  • - 15-20% Expected Capital Growth
  • - Excellent Long-Term Investment

Fantastic Opportunity to Invest in an Emerging Market, which is seeing 15% per annum Capital Growth. Brno, the second city of the Czech Republic is enjoying massive investment currently and attracting large Businesses. Studios from ONLY £59,000!!

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Full Description

We have sourced a Very Exciting New Development in the Czech Republic's second city, Brno. The city is Enjoying strong investment and is growing quickly, with property prices experiencing 15-20% per annum growth

After the first deal we had in Brno was a terrific success, we were quick to go back to the developers for another development for our investors! With 75% of this development already sold to the local market there should be an excellent sell on strategy for Buy-to-let investors.

We have the largest and most experienced letting agent in Brno lined up to manage our investors apartments. They have confirmed likely Rental Yields of 7% or more.

The development is located in a prosperous, booming area of Brno called Lesna. The area has a growing population and a large commercial park with many blue chip companies employing professional workers. Capital growth in Brno is currently 15% per annum and 15-20% is forecast for the next year!

 

How the Figures work.....

Studios from £59,000 and One-bed apartments from £75,000!

Initial Reservation Fee - £3262.50                                                              (Finders Fee £1500+vat + £1500 Developers Deposit (This will come off the 7% deposit)

30 Days Time - Deposit Monies of 7% (minus the £1500 already paid)

And £700 Legal costs. (50% of the Total cost)

You will sign the Initial Purchase Contracts at this stage.

Completion - Remaining Legal Cost and Mortgage admin costs, approx £1300.

 

 

As mentioned above we now ONLY have 2 Studios and 6 One-bed apartments remaining.... so please make an enquiry today?! We expect these last few to sell out within the next week or so!!

 

 

 

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