LUXURY HOUSE IN LJUBLJANA WITH THE TENANT - THE EMBASSY
PROPERTY TYPE: APARTMENT RESIDENTIAL PROPERTY
COST: 500 000 € (800 000 € - Bank financing)
SIZE of PREMISES: 600 m2
RENTAL INCOME: 108 000 € / 9 000 € per month
RETURN: 8% per year / 12 years.
MORTGAGE: 3% per year
THE LOCATION OF THE PREMISES:
The land plot is located in a prestigious area of the city Ljubljana – Murgle. Nearby is the necessary infrastructure.
The project at this stage represents a land area of 1 200 m2 already obtained a building permit, paid all the taxes and the land plot has all connections, including the sewage system, electricity network and gas pipeline. The construction of the complex ended at the stage of Foundation.
The complex will be 2 wing of the dwelling house. Each house has an area of 300m2 of net living space + balcony + terrace on the roof.
Building house plans from the highest quality materials, and it is planned to install a heat pump. Home be assigned to the energy class A.
In addition to the living area each house will have a private garage for 2 cars + street Parking.
Investment amount equal to the cost of an apartment in the city center area of about 180 m2.
A distinctive feature of the house is:
The high quality of the materials used Possibility to install a pool on the roof of the object The possibility of installing the lift The location of the complex – the centre of Ljubljana Excellent transport infrastructure The huge terrace on the roof Stable income of 9,000 EUROS per month
The mechanism is constructed in such a way that both parties of this agreement are reserved. The buyer is protected that the contractor does not receive the money until the complex is fully commissioned. On the other hand the developer is protected by the fact that the buyer will refuse to buy - the Deposit is lost.
THE SALE PROCESS: The project is planned as follows: The study of the complex, as well as processing of detailed data on it The signing of the contract with the exact terms of completion of the project, also showing all structural details and finishes – the agreement is made in notarial form The signing of the lease with prospective tenants (at the moment) The contribution to the Deposit account of a notary of 50 000 EURO or 10% of the purchase price. Access to funds the developer will have until the moment of acceptance of the constructed real estate House turnkey furnished. The construction of the complex and signing of the acceptance report of transfer Payment full payment for the complex transfer or loan Obtaining all the necessary guarantees for the construction, including banking (worth 5% of all construction works) The transfer of the property to the tenant
Tenant data is houses the Embassy of Argentina in Slovenia. The amount of net rent is 9 000 EURO.
The calculation of the recoupment made on the basis of the minimum lease payments. Also, we do not take into account the potential discount for a real buyer.
By the way, this object you can buy in a mortgage from 3% a year.