Homes Abroad the UK's leading guide to Holiday Homes Abroad

  • 1
  • Budapest
Price £89,995
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Property Description

• 1,2, and 3 bedroom properties available in Phase One from £89,950 – due to be completed in 2014.
• Developer finance allows the investor to pledge only 50% of the purchase price on initial investment. The remaining 50% will be offset against investor returns over a 10-year term at a 0% interest rate.
• 10% annual return throughout 10-year period.
• The developer offers to buy back the property in year 10 at 125% of the purchase price.
• Rooms are purchased on a long lease basis for 175 years.
• Site is fully unencumbered and free from creditors and bank debt.
• Resort delivered by globally-recognised and provenprofessional parties.
• SIPP & SSAS compatible project.
• Saloc is now considered a‘Project of high significance’ by the Hungarian government.

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