Property Purchase and Renovation of a 1 bed ground floor flat in Lądek Zdroj, Poland.
This 35m2 ground floor 1 bed apartment lies in the sought after Spa resort town of Lądek Zdroj, the oldest Spa Resort in Poland at 777 years old. It is ideally situted near shops, restaurants and amenities. It has access to off street parking and only a 10 minute walk to the Spa and Gardens.
Currently this property is available for purchase through the Local Council as a refurbishment project.
FUNDING REQUIRED: 91,065 zł
(Equivalent in: USD: $23,600 or EURO: 20,900 or GBP: £19,610)
Minimum investment: 100 zł
Costs to renovate this property are as follows
Total purchase price: 35,350.00 zł
Notary/Solicitor Costs: 3,535.00 zł
Contracts: 1,500.00 zł
Renovation Costs inclusive of labour
Plumbing/Heating/Electrics: 13,500.00 zł
Windows: 4,600.00 zł
Ceilings/Flooring/Walls: 5,000.00 zł
Bathroom incl. fixtures and fittings: 9,500.00 zł
Kitchen incl. fixtures, fittings, units and white goods: 8,000.00 zł
TOTAL PURCHASE AND RENOVATION COST: 91,065.00 zł
HOW DO I GET MY MONEY BACK?
Investors in this project will be able to withdraw their principal sum after 6 months.
An example calculation based on an investor backing this project for 6 months at the minimum effective annual rate of 20.75% is as follows:
Base amount: 999.00
Interest Rate: 19% (yearly)
Effective Annual Rate: 20.75%
Calculation period: 6 months
Total returned funds at the end of the 6 month fixed term: 1,097.74
Please have a look at our rewards certificate for more information.
Following the refurbishment, this property will either be sold or rented. Please contact us directly should you be interested in purchasing this property at a later date to add to your own property portfolio as a rental income property. The estimated rental Income for this property will be in the region of 1,200 zł per month and the resale value of this property will be in the region of 180,000 zł.
Your investment is secured via a "lien" or what is known as a "promissory note" on the property. Following the 6 month fixed term and conclusion of the contract and annulment of the investors lien on the property you will receive your base amount invested.
PLEASE NOTE: Investments can be made in the currency of your choice, however all transfer costs, initial investments, interest payments, base amount returns payments and refunds are in Polish Złoty. As the interest payments count towards an income, please consult your own countries Tax Code to adhere to Income Tax Regulations or contact us directly should you require further assistance. Prior to any payments being transferred back to the investor, all fees and charges from 3rd party companies such as PayPal, banks, etc. will be specified and deducted from the final principal sum and/or monthly interest payments. It will be up to the investor to decide how and when to receive their final principal payment in the currency of their choice. Please be aware that Fifty Shades Developments do not take responsibility for currency conversion rates and/or fluctuations.
Investment ID: FSD0010
Consultant ID: n/a
Planned Purchase: 07/09/2019 - 29/09/2019
Investment Period: 6 months
Investment Target: 91,065 zł
Interest Rate: 19%
Investment Principal buyback: Yes, 12% penalty rate
Repayment of principal Loan Sum: In full at the end of the Loan Period
Payment of Interest Payments: Monthly, on a specific date
Financing Type: Secured Debt
Guarantee from the Project Owner: Property Lien/Secured Debt
Borrower: Fifty Shades Developments
Purpose of Investment: Property Purchase and Renovation of 1 bed ground floor flat in Lądek Zdroj, Poland
We hope you enjoy backing this project. Please do not hesitate to contact us via phone or email through our website www.50shadesdevelopments.com .
If you are being referred through a consultant in your country then please make sure to add their reference details in your email when you have processed your payment. So that we can offer good rewards with decent interest rates we only accept PayPal transactions, due to safety, fees and costs associated with other types of payments. However, if you would like to make a direct bank to bank transfer then please let us know in advance of your transaction and we can help you find the best and cheapest way to do so. Following your investment, all documents and contracts are sent electronically. Please confirm and sign them within 3 days to open your portfolio. Once your portfolio is active, you will have access on a daily basis to view the status of your backed project.
Thank you from the team at FIFTY SHADES DEVELOPMENTS!
*Please note that the internal images of the bathroom and kitchen are examples of already completed projects
HAVE A LOOK AT OUR OTHER INVESTMENT OPPORTUNITIES:
1. Property Investment Funding 1 Bedroom Apartment in Poland https://goget.fund/2HZPGFd
2. Property Investment Funding 2 Bedroom Apartment in Poland https://goget.fund/2O2zV3Q
3. RENOVATION PROJECT FOR 2 SELF CONTAINED GUEST APARTMENTS: APARTMENT 1 https://goget.fund/2NYu2oG
4. RENOVATION PROJECT FOR 2 SELF CONTAINED GUEST APARTMENTS: APARTMENT 2 https://goget.fund/2NTofjU