Fully Let - Newly Refurbished 1 & 2 Bed Apartments for Sale in Tranas, Jonkoping County, Sweden

10% Net Return! - Beautifully Refurbished Apartments

JUST RELEASED - MARCH 2008

PINE VIEW APARTMENTS - LOCATED IN THE THRIVING MARKET TOWN OF TRANAS IN SWEDEN.

JUST TWENTY-FOUR BEAUTIFULLY REFURBISHED 1 & 2 BEDROOM APARTMENTS.

NOW AVAILABLE FULLY LET WITH A MINIMUM 9% & 10% NET RETURN PA.

FROM JUST £23,960 TO £31,960.

PINE VIEW APARTMENTS is a newly refurbished block of just 24 units made up of 17 x one bedroom apartments and 7 x two bedroom apartments.

The building has 6 floors in total with 4 apartments on each floor, each floor has three 1 x bedroom apartments and one 2 x bedroom apartment available.

Location:

2 kilometres from the Town centre of Tranas, Sweden

AMENITIES INCLUDE:

* Passenger Lift - Central heating to all apartments and common parts - constant hot water, Internal cleaning of common parts and external up-keep of gardens & pathways.
* Ground floor entrance lobby leading to wide spiral staircase serving all upper floors. Passenger Lift.
* The apartments are arranged over 6 floors and in addition is a substantial Basement area divided to provide storage rooms for each apartment.
* Laundry room on Ground floor.

Room sizes as follows:

One Bedroom Apartments = 62m2
* Doors leading from central hallway/lobby
* Entry Hall = 4.6 x 1.36m. With fitted cupboards
* Bathroom = 4.2 x 1.49m.
* Reception = 5.63 x 3.56m.
* Kitchen = 4.2 x 2.86m.
* Bedroom = 4.2 x 2.87m.
* Fitted wardrobes in the bedroom 2.4 x 1.21m.

Two Bedroom Apartments = 82m2
* Entry Hall = 2.13 x 2.1m. Leading to entrance hall 2.13 x 2.34m.
* Reception = 5,6 x 3.6m.
* Kitchen = 'L' shaped 3.18 x 5.3m.
* Bedroom 1 = 5.13 x 2.92m. with built in cupboards (doorway through to kitchen if required)
* Bedroom 2 = 3.73 x 2.85m. With door leading to balcony 2.71 x 1.25m.
* Bathroom = 4.18 x 1.50m. W.C./wash hand basin.
* . W.C = 1.42 x 1.23m.

Prices:
* One Bedroom Apartments - £23,960
* Rentals Per Month = 3,900 SEK - Service charge/monthly = 1,360 SEK (conservative figure 20% margin for investor)

* Two Bedroom Apartments - £31,960
* Rentals Per Month = 4,700 SEK - Service charge/monthly = 1,760 SEK (conservative figure 20% margin for investor)

The only closings costs are conveyancing costs and 1% stamp duty.

Property prices in Sweden last year rose by 13%, these figures are certainly set to continue for 2008 and beyond.

Letting of Apartments:

Sweden has the strongest rental market in Europe, with over 60% of the Swedish population opting to rent. As you can imagine there is a huge demand for quality refurbished rental apartments in Tranas, tenants tend to stay between 1-4 years, such is the quality of 'Pine View Apartments' we already have a rental waiting list of 7 clients!

Twenty-three of the Twenty-four apartments have been let out in just the last three weeks alone, we have saved one apartment back as a show flat for investors.

* The 1 bedroom apartments are generating 3,900 SEK a month unfurnished - After taking off the 1,360 SEK 'Service Charges', that's a minimum 10% net return PA
* The 2 bedroom apartments are generating 4,700 SEK a month unfurnished - After taking off the 1,760 SEK 'Service Charges' that's a minimum 9 % net return P/A

* Considering the current market conditions, I'm sure you will agree this investment represents a superb low cost/risk investment.

Service Charges:

The Service Charges are extremely conservative, they have been purposely made on the high side to give investors a healthy margin until the 1st years figures and costings have been checked. There is thought to be a margin of around 20% which can only increase the already superb net return PA.

The Service Charges INCLUDE all of the following:

* Annual property tax
* Buildings and public liability Insurance
* Cleaning of all internal and external common parts, including snow clearing and gritting during winter months
* Heating and lighting of the common parts and if you do not occupy your apartment during the winter months it also includes heating within your apartment maintaining a safe minimum temperature. (please note: all radiators have an independant meter fitted, which registers electricity consumed for which you are liable over and above the minimum usage referred to).
* Constant hot water 24 hours daily
* Lift maintenance
* All common area costs for cleaning and painting of the facade, renovation of ceilings, pipes, drainage. Exterior renovation and exterior electrical ventilation equipment plus all related vat.
All of the above outgoings are included in the annual service charges, pre-calculated and approved by owners and certified annually by an accountant.

You as an owner have the right to voice and determine your own affairs by democratic vote held at the annual general meeting of resident owners.

YOU PAY ONLY FOR ELECTRICITY YOU CONSUME.

In addition: Each apartment has a centrally heated storage room in the basement and a seperate secure caged area for your bicycles, skies etc. There is also a secure cold cupboard for boxed or canned food products i.e. snacks of vegetables etc. There is a common laundry room on the ground floor with a washing machine, spin dryer and ironing facilities.

Outside Ammenities: For which there is a seperate annual charge per family of approx £45.00 Entitles you to a special card giving access to a brand new swimming pool, a tennis court, a safe play area for children with a wonderful selection of swings and slides etc. The new owner will have to pay this fee for the tenants if they let out the apartment.

There are also several barbeque areas for all the family to enjoy the use of and where you can mingle and meet with your neighbours. Ample free car parking areas available for everyone.

Sweden offers everything to make that ideal holiday home combining exciting summer vacations for all the family - from adventure sports to superb fishing, sailing, surfing, swimming, snorkelling, cycling, golf and many more plus the best of winter sports. Just imagine 22 hours of daylight in July and summer temperatures that last year averaged 22c.

TRANAS is a great place to spend your summer and winter vacations and also a wonderful place to live. It provides ample opportunities for active leasure time and cultural activities.
Visit the many museums, and sights of historical interest, enjoy a round of golf or some of the many other outdoor activities.

Our exclusive fully refurbished apartment building is located just 2 kms out of town and are shielded by a backdrop of Pine trees with footpaths leading to local bathing facilities.

There is a bus stop right outside affording easy access to STORGATAN which is the main High Street and vital nerve centre of this historic town, famous for being the longest and widest shopping street in Sweden and boasting a wonderful selection of shops, cafe's, restaurants and art galleries and also for holding a regular market day where stall holders sell their local products. During the summer months it holds many musical events enjoyed by tourists and locals alike.

The town of Tranas is a safe friendly place for you and your family to holiday together, with sandy beeches around the lakes where you can enjoy every water sport imaginable. The 4 month summer season is an experience you will cherish with temperatures last year averaging 20 and the cost of living, contrarily to common belief, on par with the rest of Europe. In Tranas you can enjoy a 3 course lunch time buffet for £5 including a beer.

For those golfing enthusiasts Tranas golf club is situated close by to Lake Sommon just two kilometers from the city center.

Tranas is also situated just by the big lake Sommen, which is the gem of this area, with a unique nature and many islands. Here you can experience the idyllic atmosphere of the skerries, bathing and fishing. There is also a boat park with a capacity for 1.000 boats.

Whether your a keen fisherman, a golfer or just into healthy outdoor lifestyle then Sweden waits to amaze you.