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Gibraltar
Apartments with an income of 17% per annum. A very profitable offer for investors! Guaranteed net income of 17% per annum. Apartments in a boarding house for elderly people suffering from dementia. Currently for sale are
apartments in a building under construction. Completion date: Q3 2024
Description of the property:
construction of a new building with 46 apartments,
each with an individual bathroom, began in February 2023
and will last a maximum of 18 months. Level - luxury
There is a huge demand for staying in this boarding house. High-quality round-the-clock medical care
A varied daily menu from professional extra-class chefs
24-hour access to exquisite products and food: snacks, a variety of pastries and drinks are available between meals.All apartments with bathrooms
Beauty salon and hairdresser
SPA center
Private rooms for events
and family celebrations with relatives of residents
Lounges on each floor for socializing and leisure
Luxurious cinema with a program of film screenings,
including by requests of residents
Cafe
Piano bar
Beautiful banquet hall
Active entertainment, programs for involving residents
in organized events
Landscaped garden for walks
Individual approach, high-quality medical treatment, respectful attitude, excellent staff. The Government of Gibraltar immediately after commissioning concludes
with the investor an agreement on the lease of the apartment for a maximum period of 15 years
with a buyback program. Only 2 types of studio apartments:
single and double.Total area of a single apartment: 16m2
Total area of a double apartment: 24m2
Investment programs:
Price of a single apartment with 100% payment upon purchase:
125,000£ (141,250€)
Price of a single apartment with 50% payment upon purchase,
then installments with monthly payment: 140,000£ (158,200€)
Price of a double apartment with 100% payment upon purchase:
180,000£ (203,400€)
price of a double apartment with 50% payment upon purchase,
then installments with monthly payments: 200,000£ (226,000€)
The apartments are sold in full ownership with an entry in the Cadastre. Buyback option:
after the commissioning of the property, i.e. in September 2024,
the investor can
1. sell the apartment back to the developer with a profit of 24%: receive income on the invested funds and return the invested money 18 months after the end of construction;
2.sign an agreement with the Government of Gibraltar to lease an apartment for 5 years with a guaranteed income of 17% per annum and a buyback option after 5 years with a profit of 36% of the purchase price;
3. sign an agreement with the Government of Gibraltar to lease an apartment for 10 years with a guaranteed income of 17% per annum and a buyback option after 10 years with a profit of 48% of the purchase price. When investing an amount of £2 million, the investor and his family can apply for a residence permit with subsequent receipt of a passport (if desired) after 5 years.
The buyer does not pay a commission!