Important from Mondinion.com! Never pay any "deposit fee" or any other "fee" just to view a property! Any owner / agent who asks you to pay anything by Western Union / Money Gram should be immediately reported to us.
Why should I invest in quality student accommodation? Knight Frank has reported, through their own independent research, that only around 50% of all students in the UK have access to high quality purpose built student accommodation. The expansion in student numbers in recent years has led to a far greater demand for accommodation pushing up prices and in turn rental yields. There is intense competition among universities to attract students and the availability of prime quality modern accommodation is a critical part of their marketing plan. Demand for university places in the UK is at an all-time high. There were nearly 700,000 applications in 2010 alone, that's over 200,000 more applications than places available. By the same token, the demand for quality, purpose-built student accommodation has never been greater and due to the downturn in the UK property market it is easy to see why traditional investors are now turning to university projects as a way of enjoying higher returns. World Wide Resource is pleased to offer you the opportunity to invest at 25% below an official RICS valuation in one-bedroom apartments being built next to a major City University campus. There are only 150 units in this development being built to four-star hotel standard and due for completion by the end of 2013. The RICS discount amounts to an impressive saving of over £18,750 on day one. KEYPOINTS: · RICS valuation at £73,750 · Your purchase price only £55,000 · Fully furnished Luxury Studios (self-contained) and fully serviced · 60% non-status financing secured by developer (15 year tracker with interest rate 2.5% above BoE base rate) · 40% fully insured deposit - £24,000 with £2,000 back on completion · Estimated gross yields at 11% per annum · Fully managed rentals (management fee covers everything including council tax, rates, internet, etc.) · Non-status guaranteed finance of £33,000 on completion · Exceptional location within walking distance to University, local College, regional transport links, city attractions and main Hospital · The University has12,000 registered students and the College has 23,000 registered students · Huge demand for this type of accommodation with 100% occupancy expected
Other Details: Number of Bedrooms: 1, Number of Bathrooms: 1
This property is located in: Bradford, Brehdford (Bradford, United Kingdom).
For more details about this listing please click here to access the webpage provided by listing owner.
Neighborhood
Tourism 1 landmarks in the vicinity
Tourism
Hotel
Current filter contains 0 landmarks
Click on the icons to select or deselect a category...
FILTERS
Tourism
Lingfield Park Marri... Hotel ~ 0,428 km
Request More Details about this Property
World Wide Resource (Real Estate Agent & Developer) from United Kingdom
About World Wide Resource
New Hilton Hotel is being built adjacent to Salinas. Sal benefits from a large and modern international airport with direct weekly flights from 3 UK hubs (5.5 hours) and numerous others across continental Europe.
The Cape Verde islands are known as the “Caribbean of Europe” enjoying even tropical temperatures 52 weeks a year with no tropical storms and as such are a year-round tourist destination as well as being as being a strong and very stable emerging market (as stated by the International Monetary Fund - Click here: IMF). Sal itself is undergoing a huge amount of regeneration as you will see from our files and this promises good natural growth on the island unlike the Canaries which peaked some years ago.
The Salinas Sea Resort is the seventh hotel to be built and fully managed by the Oasis Atlantico Group www.oasisatlantico.com
Oasis are the largest and most experienced constructors and hotel managers in the Cape Verde islands. They boast four existing hotels in Cape Verde operating to an average 70%+ occupancy year-round (2 of them on Sal) and another two successful holiday hotels in the northeast of Brazil. Their Cape Verde occupancies were 90% last January/February and 95% in March 2011.
The Salinas hotel will open to the public in October with marketing contracts already in place with many of the major European tour operators that Oasis traditionally work with such as Thomson/TUI and TUI Nordic. The hotel is already 50% booked by these two operators alone for the Winter 2011-12 season even before it is open. First Choice is part of the Thomson/TUI group (the largest tour operators in the world) and this is a sample of their marketing for Salinas Sea:
Click here: First Choice | Salinas Sea Resort
Oasis Atlantico also confirm that Salinas Sea has been selected by the French group Heliades for its “Club Helia Mare” Club Helia Mare Oasis Atlantico Salinas Sea 5* - Sal
Before reading the attached files, we would like to emphasize from the outset the secure nature of this investment: Oasis Atlántico Group has an independently audited balance sheet of €128 million
Savills 2010 red book valuation of the Salinas Sea Resort was €32,117,000
Deposits are ring-fenced for the Salinas Resort and not used for any other development
Bank guarantees in place for completion of Salinas Sea regardless of sales achieved
We have secured prices at 25% below completion value for a limited period
Prices from €52,500 plus contractually guaranteed 50% LTV mortgages
50% share of the annual rental from year 1 with a 5% of purchase price rental guarantee as an absolute minimum
Mortgage paid off through rental income in 4 years to leave investors with an unencumbered, fully-managed five star rental property
Completion September, 2011. Hotel opens October 2011
No maintenance or management fees (covered for life)