OwnerInvest
19th November 2008, 11:32
Owner Invest recently announced a very special offer from the Developer of a 4 star luxury apart hotel in Southern Portugal. The Developer agreed to cover all closing costs (legal, notary, mortgage etc...) equal to about 2% of purchase price and give 7% cash back to investors upon completion. This offer was originally intended to run only until the 15th November. However, it has proved such a huge success with investors snapping up over half of the available hotel rooms (in 2 months) that the Developer has agreed to extend the offer until Christmas.
Interested parties can enquire or find out more at the following address:
http://www.ownerinvest.com/buy-to-let/portugal-sesimbra/sesimbra_bay.php
For anybody who didnt see the previous posting, here is a summary of the investment opportunity:
4 Star front line luxury fully furnished to high standard
Prices start from £169,000 with 90% finance
7% cash back upon completion
ALL closing costs paid - a saving of over £20k on a 1 bed (approx. 10%)
ALL legal, notary and mortgage costs paid saving approx. 2% of purchase price **
No mortgage to pay until resort opens in approx. 9 months time
Studios have anticipated 11.2%+ ROI
Free personal use of up to 56 days per year
400m2 Luxury Spa - Developed & Managed by Unique Spa
SIPP compatible for tax free capital growth and income
Regards
Adrian
Interested parties can enquire or find out more at the following address:
http://www.ownerinvest.com/buy-to-let/portugal-sesimbra/sesimbra_bay.php
For anybody who didnt see the previous posting, here is a summary of the investment opportunity:
4 Star front line luxury fully furnished to high standard
Prices start from £169,000 with 90% finance
7% cash back upon completion
ALL closing costs paid - a saving of over £20k on a 1 bed (approx. 10%)
ALL legal, notary and mortgage costs paid saving approx. 2% of purchase price **
No mortgage to pay until resort opens in approx. 9 months time
Studios have anticipated 11.2%+ ROI
Free personal use of up to 56 days per year
400m2 Luxury Spa - Developed & Managed by Unique Spa
SIPP compatible for tax free capital growth and income
Regards
Adrian