Property Purchase and Renovation of a 1 bed ground floor flat in Lądek Zdroj, Poland.
This 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.
Investors for this property will be able to withdraw their funds after 6 months and earn an effective annual rate of between 48% and 108% dependent on the investment amount.
An example calculation based on an investor backing this project for 6 months at the minimum effective annual rate of 48% is as follows:
Base amount: 999.00
Interest Rate: 4% (monthly)
Effective Annual Rate: 48%
Calculation period: 6 months
Total returned funds at the end of the 6 month fixed term: 1,215.34
Please have a look at our rewards system based on your investment amount and Annual Rate of return. The minimum Effective Annual Rate for this property is 48% and the maximum Effective Annual Rate for this property is 108%.
Your investment is secured via a "lean" 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 lean on the property you will receive your base amount invested including your monthly compounded interest.
Minimum investment: 100zł (Current Exchange rates: USD: 25.90 GBP: 21.60 EURO: 22.90)
Maximum investment: 91,065 zł (Current Exchange rates: USD: 23,600.00 GBP: 19,610.00 EURO: 20,900.00)
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 1,200zł per month.
PLEASE NOTE: Any investments can be made in the currency of your choice, however all costs, purchases, interest payments and base amount returns 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.
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 :
Pluming/Heating/Wiring = 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
Refurbishment: 2/3 Months
Resale: 2/3 months
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.
IF YOU ARE HAVING PROBLEMS USING PAYAPAL VIA GOGETFUNDING, PLEASE VISIT OUR SITE DIRECTLY TO MAKE AN INVESTMENT.
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