Golden Park, Kremnica
GOLDEN PARK Kremnica, situated in the beautiful surroundings of Kremnicke Mountains in a rapidly developing, well accessible region of Slovakia.
By purchasing a property in this project, you will gain a full ownership of an apartment furnished and equipped to a high hotel standard. The management of the property, operation and maintenance services including utilities and insurance will be provided free of charge for the owners.
Further, you will have guaranteed rental yield of 5% for the first 5 years and you will receive half of the yields achieved by the hotel operator of GOLDEN PARK, Kremnica above the level of 5% each year - this way you will take a share in relevant returns on rental of your apartment. Apartment owners will also benefit from 30 days holiday stay off-season for free.
134 apartments with an area from 22.6 m2 to 102 m2
Prices from € 45,538
Guaranteed rental yield of 25% in 5 years (+ any further profit)
Finished: 12/2009
Guests of the complex will be able to take advantage of a luxurious wellness centre directly in the hotel (more than 920 m2 - pools with standard and thermal water with healing properties, saunas, Jacuzzi, massages), gym, restaurants, café and night club, sporting goods rental service, congress halls. Further, there are numerous possibilities of all-year-round sport activities in immediate vicinity including skiing and golf.
Hot water from the thermal drill nearby will be used not only in the wellness centre, but also as an alternative source of heating.
INVESTMENT OUTLINE
Capital appreciation in SR (2007): 20%
Regional capital appreciation (2008): 20%
Guaranteed rental yields: 5% for 5 years
Rental yields (expectation): 7%
Financing: up to 90% LVT (EU citizens)
Instalment schedule
1. payment: deposit € 3,315
2. payment: 10% from the sales price afterthe Future Contract is signed (minus€ 3,315 deposit)
3. payment: 40% from the sales price after the rough construction is completed
4. payment 40% from the sales price after the indoor plasters are finished
5. payment: 10% from the sales price after the apartment is handed over to the owner