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Property for sale information

 
Famous Championship Golf Resort in Central Europe  
Reference nr: IS870112
Description:

Up to 166 apartments available with a flexible approach to final design and layout (provided interest is declared at an early stage)
Prices start from £139,000 (approx.)
Apartment sizes ranging from 54m² to 145m²
Due for completion Autumn 2009, show flat available as of Spring 2009
12 month rental guarantee at 5%
First years management costs included (normally 7%)
20 minutes from Krakow International Airport, with regular routes between major European destinations
40 minutes to Krakow City Centre, Polands capital of tourism
Championship standard 18 hole Golf Course designed by renowned Californian Ronald Fream and includes a modern driving range, club house and Golf Academy on site as well as having hosted the Senior PGA Tour, won by Ian Woosnam
Equestrian, shooting and cross country skiing facilities form part of the 160 hectare site making Valley Golf Village a year round destination for the whole family
The construction of these apartments is the first phase of development at Krakow Valley Golf & Country Club which will eventually include luxury villas and an integrated 5* Hotel and Spa complex, promising huge potential for capital growth
Increasing popularity of Golf, further awareness of Poland as a European golfing destination and Krakows’ popularity with tourists from all over the World promise that the Valley Golf Village will become one of Polands’ most exclusive golf resorts

The Valley Golf & Country Club is a development that has been specifically designed to benefit from the increasing popularity of Golf in Poland at one of Central Europes best Golf Courses.
Krakow city is already an established investment hot spot and has performed fantastically well over the last few years in terms of capital growth and rental yields. The typical investment opportunity has been city centre apartments, exploiting the historical shortage of housing amongst the increasingly wealthy middle classes in these areas. However, contrary to what many developers and agents advertise, this growth has slowed with a large amount of developments completing throughout 2008 and well into 2009/10. For this reason Maexpa-International decided on Valley Golf as an ideal development to construct, to take advantage of the recent growth in the local economy, with the working population having a dramatically increased disposable income.
In addition to local people, we expect huge growth in Poland as a destination for holidaymakers, not just for the historical and architectural aspects of the Old Town of Krakow but to take advantage of the beautiful surrounding countryside and year round activities.
The climate in Poland is mildly more extreme than the UK, with temperatures in the summer regularly above 30°C. This makes it an ideal location for golf from March through to October and with the Valley Golfs’ additional activities such as skiing (limited on piste), horse riding, shooting and hunting for the winter months the resort genuinely has year round appeal. First development of its kind in this region Year round activities – generating a year round rental income Close to Krakow city, offering many activities, bars and restaurants to suit every taste

Bedrooms: Bathrooms: Price (€):
1 1 172,000
2 1 221,000
4 1 359,000
Features:
City
Golf
Ski
Submission Date:
09-11-2008
Last Update:
09-17-2008
Advertiser Details:


Name:
International Sales

Company:
Maexpa International

Phone:
00 44 (0) 207 960 6039
Fax:
00 44 (0) 207 960 6139
Mobile:

 
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Calculators

 
Property price: €172,000
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations