This is a Quest 2 Invest star development for MAY.
If you are looking for a low cost entry into Slovakia’s thriving property market, this development ticks all the boxes. Pekny Park is a superb new investment opportunity to purchase into a city centre development with potential for huge capital growth ( ROI 312% by completion) as well as 10% -12% average rental returns This is a true buy-to-let BUT in Slovakia, probably the hottest property investment spot in Europe.
With 90% mortgages (sts) available the leverage for investors is very good and with low interest rates of 4.2%, this project will appeal to all serious investors in this tight economic climate.
These apartments have been specifically designed for the rental market with the needs of prospective tenants in mind on price, style and size. This is reflected in the end user prices which start from only £32,403 and with deposits of £6,480 this is affordable for even small budget investors.
There is a choice of studio, 1 and 2 bedroom apartments available which is what the market is demanding in this area. Sizes vary from 25 sq ms -88 sq ms according to the number of rooms so single and multiple occupiers are catered for.
Key reason to invest in Pekney Park • Up to 90% mortgages available subject to status • Good leverage with low deposits of 20% and a reservation fee of only £1,000 refundable up to 30 days • High return on investment (average Completion ROI 312%) • High rental yields 10%-12% average • Low interest rates 4.2% • Buyer funds protected by bank until construction is completed • UK and Slovak lawyers in place • Easy exit strategy before and after completion • Over 10,000 jobs being created in the area • This development although luxury standard is about 30% cheaper than similar developments in the area until prices go up during the build. • Only 45 minutes from Bratislava airport