Sunday Express mentions Property Venture's Ski Property
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41397-Sunday Express

Sunday Express-ski _Zakopane apartment-Dec 2012








Richard Webber's article of 31.12.2012 on "Eastern Bloc Busters"

Mentions Property Venture® 's offer of ski property in Zakopane

"You don't have to be a millionaire to afford your own place on the pistes. While deep pockets may be needed if your heart is set on established resorts in France, Austria, Switzerland, those on more modest budgets should consider former Eastern Bloc countries...

Zakopane is popular with Russians and Ukrainians, and a new condo-hotel with 158 apartments is due for completion in 2014. It is attached to a 4-star hotel with 38 flats already reserved. Prices start from around £58,000 for a studio to £197,000 for a full-fitted, one bedroom apartment, plus 23 per cent VAT.

 ' For anyone wanting an investment, the operator is offering a five-year lease contract on these freehold apartments, with a yield of seven per cent per annum' says Louise Reynolds of UK-based Property Venture®, 'but they can also be bought purely as holiday homes, without the leaseback arrangement.

This concept is operated in other countries, including France and Morocco, although many are 10-year lease agreements. Under the leaseback arrangement in Zakopane, apartment owners get a guaranteed income of seven per cent net, a great return for a property they still get to use two weeks a year

Sunday Express-ski article_Zakopane property

It's the Holy Grail for those who want a holiday home but don't use it as much as they want, and end up saddled with runnings costs'

At an altitude of 1,960 metres, Zakopane compares favourably against other European resorts at a similar height. Chances are it won't be long before it's on everyone's radar."







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