· Shops
· Fantastic capital growth potential in one of the world’s most up and coming property hotspots!
|
Special Payment Option 1 - Low staggered payments
|
· Reservation fee of €3,000
· 20% payable on contract
· 15% payable 6 months after contract
· 15% payable 12 months after contract
· 50% (less the reservation fee) on completion
OR …
|
Special Payment Option 2 - 100% Finance until completion
|
· Reservation fee of €3,000
· 50% (less the reservation fee) payable on contract
· The Developer guarantees to ‘cash flow’ 6% interest payments on the full 50% deposit until completion (this should mean that the Purchaser will have no reduction in income during the construction of their property)
· 50% payable on completion (plus the interest payments)
|
Special Completion Offer A - 10% Cash back on keys!
|
· Purchaser will receive 10% cash back (of the purchase price) on signing of the property at completion
· Purchaser signs up to the hotel rental programme for a minimum of 2 years
· During these 2 years, the Purchaser gets a minimum of 8 weeks per year for personal use (2 weeks in high season)
· The Developer receives all income generated, that would have been the Purchaser’s share of the rental income, during the 2 years (but only up to the point that the 10% cash back has been covered)
· After the 10% cash back has been covered (or after 2 years whichever comes sooner) the Purchaser joins the standard hotel rental programme and receives the full entitlement of rental income
OR …
|
Special Completion Offer B - 6% Guaranteed rental income for 3 years!
|
· Purchaser will receive 6% per annum (of the purchase price) guaranteed rental income (paid monthly) for 3 years following completion
· Purchaser signs up to the hotel rental programme for a minimum of 3 years
· During these 3 years, the Purchaser gets a minimum of 6 weeks per year for personal use (2 weeks in high season)
· The Developer receives all income generated, that would have been the Purchaser’s share of the rental income, during the 3 years (but only up to the point that the 18% total guaranteed rental income has been covered)
· After the 18% guaranteed rental has been covered (or after 3 years whichever comes sooner) the Purchaser joins the standard hotel rental programme and receives the full entitlement of rental income
|
Additional Free Incentives Include:
|
· Free air-conditioning
· Free legal services
· Free Basic Furniture Pack
· Please Note: For quality and consistency purposes, a ‘Hotel Excellence’ Furniture Package is a requirement to be a part of the hotel rental programme. Purchasers must therefore upgrade to a ‘Hotel Excellence’ Package.
· The upgrade cost for a ‘Hotel Excellence’ package is as follows:
o 2 bed apartments €10,300
o 3 bed villa €15,500
· The upgrade cost for the ‘Hotel Excellence’ Furniture Pack can be added to the completion balance (via the completion mortgage if required)