Assisted Living in city Newcastle upon Tyne
30.00 sq.m.

€ 80 106

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UK. Newcastle. Apartments in a boarding house for the elderly-passive recurring income.
New object from Qualia in the UK with special conditions of acquisition - OPAL RIDGE.
The project is located on the North East coast of England, in Newcastle, near beacon St. Mary, which was built over a century ago, and the beach of Whitley Bay.
Newcastle is a picturesque city with a rich history.
• 66 apartments
• the right of the property is leasehold for 125 years
• the building will be commissioned in late 2020 / early 2021.
the cost of one apartment £ 70 00 ( 80 € 108 )
• If the Exchange (i.e. exchange of contracts) will be held before the end of March, the fixed rate of return increases to 10% in the first year of ownership, instead of 8%.
• Also, the investor has the option to repurchase for the 6th year - 100%., which did not exist before.
• High returns with minimal risk
• Favorable terms of purchase (especially when there are special conditions for the acquisition)
• High demand for pensions of the elderly middle class, as the staying 80% of the guests is funded by the government
• Object management is carried out by a specialized company with a CQC-licensed
• The low price for this type of investment
• Passive income for 25 years
• The possibility of portfolio diversification
Stability of revenue regardless of fluctuations in the real estate market
There is a choice of apartments and houses in various budget, including commercial facilities

Seller information

Seller type Agency
Company YouLand

Location of the property on the map

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