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Lifestyle:
Investment type: Guaranteed Rental, Buy to Let
Size: 60m² ; 646ft²
Price: £4613.0/m² ; £429/ft²
Facilities: Two Pools, Gardens, Restaurant, 24 Hour Security
£276,804
( €353,250 / $532,487)
REF: VTY003
The Valley Apartments
Tuscany
There are 4 properties of this type
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- Guaranteed rental of 5% net per annum for 3 years
- 6 weeks personal usage per year
- Property fully managed and serviced
- Off-plan investment opportunity
- All apartments offer the highest standards of luxury, comfort and service
Estimated mortgage repayment:
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Tucked quietly away in the rolling Tuscan countryside just half an hour from Pisa and under an hour from Florence are The Valley Apartments at Borgo di Colleoli. Located close by the award winning Borgo di Colleoli village, this exclusive release of apartments offers privacy and seclusion in beautiful rural surroundings.
The development consists of three, two storey buildings fashioned from historic farm buildings which are being renovated into just 17 luxury one and two bedroom apartments, and range in size from 55sqm to 100sqm. Along with a communal swimming pool and tennis courts, owners will also benefit from all the facilities and services at Borgo di Colleoli which includes a vaulted enoteca, fine dining restaurant, two swimming pools and a delicatessen.
The apartments are fully serviced, come with a guaranteed rental income if desired and benefit from a property management service. The Valley Apartments are currently available to buy off plan and prices start from £180,000.
Guaranteed rental of 5% net per annum for 3 years and 6 weeks personal usage
Rental to be paid quarterly in arrears following completion of furnishing of apartment to Borgo di Colleoli standards.
Management and maintenance fees taken directly from your rental ? so no unexpected bills to pay.
Prices in the Valdera region of Tuscany, where Borgo di Colleoli is located, are currently some 50% lower than in the neighbouring Chianti region.
Freehold Apartment Purchase Details
Reservation Fee of £500 secures exclusive option to buy for 10 days.
Initial deposit of £10,000 required within 10-day option period to commence legal paperwork and maintain option to buy.
Initial deposits are non-refundable but are fully transferable to alternative Memberships or Freehold options in the event of non-completion.
Second deposit ? 20% of net purchase price due within 30 days.
Progress payments through to completion
If completion not satisfied, interest at the rate of Clydesdale Bank published rate plus 4% is payable from 60 days.
Prices Range From €339,500 - €495,000.
Owner Options
Temporary Colleoli Membership granted upon payment of deposit through to property completion ? Full Colleoli Membership can be retained at preferential rate.
Membership of The Owners Club of Europe available through Colleoli Membership
The properties are unfurnished
Property furnishing options and upgrade package available on design to maximise personalisation. Interior design scheme selections and furnishing choices available from early 2007
Rental Options
To be announced 3 months prior to completion
Option 1 - Similar to current Colleoli scheme
Option 2 - Speculative rental at 25% commission
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Mortgage Calculator
To calculate the monthly mortgage repayment, assumptions have been made for the values of the deposit (30%), APR (4.2%) and mortgage term (30 years). These values are the average ones for Italy.
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Enjoy four days at five star Borgo di Colleoli for just £399 per couple.
Come and experience the magic of Tuscany, staying at Borgo di Colleoli. Spend four days at the five star Borgo for just £399 per couple including flights to Pisa or Florence, airport collection, three nights accommodation with breakfast and a personal tour of the Borgo village ? and imagine a lifetime of such pleasures.
