24 Bed Property for sale in Lapland, Finland

24 Unique luxury apartments, each with own private sauna, fully furnished and equipped to the highest specifications. 10 Tenanted commercial units (On long term leases) and 177 space underground heated parking lot.

All this is offered to you for sale in the most sought after location, the centre of Levi, Lapland, at the foot of the main ski slope. The most prime location.

The lucky purchaser or syndicate can take advantage of all the benefits that the prime location has to offer. Tourism figures in the area have increased year after year, and, with the ongoing investment in the area, are set to continue to grow even further.
The World Cup Ski Resort, Levi, has so much to offer in terms of year round activities, from the usual winter sports and Santa trips to rafting, canoeing, golf and other outdoor pursuits in the summer months. Situated just 20 minutes away from Kittila airport, Levi, is ideally placed for travellers. With direct flights from the UK and Moscow and other international locations already in place, the area is becoming more popular all the time.

This really is a once in a life time investment opportunity. Never before has such an opportunity arisen for a private investor or syndicate to purchase in this location.

The business consists of 24 individual high quality apartments, all unique in design, fully equipped and furnished including sauna, washing, and drying and cooking equipment. They offer a diverse range of accommodation to suit all requirements from couples to small families to groups of people.
There are 10 Commercial units which are all tenanted and remain open all year, and an underground heated parking lot. The development opened in November 2008; all the commercial units were rented in advance. Some of the tenants include a Sports chain, a Restaurant and a souvenir shop. The apartments are receiving rentals. All feedback received has been very positive.

The business pretty much runs itself, with management/services in place. This can be reviewed and changed accordingly by the new owner/owners.

The returns on the development are good, with yields estimated at an average of 6-10% net, exclusive of any potential capital appreciation. I have a more detailed breakdown/analysis of these available. Capital appreciation should be good partly due to the prime location of the development. It occupies the most sought after location in Levi, situated at the foot of the main ski slope in the centre where all the facilities are.

There is a company loan in place which is transferrable to the new owner/owners if desired.

Investing in Finland is straightforward with all legalities and financial transactions carried out by Finnish Lawyers, documents are translated into English to avoid any possible confusion.

Finland is a stable country with an export business strong in electronic, engineering, wood and paper.
Lapland, as you know, is a popular winter destination and Levi is the largest skiing resort in Finland, playing regular host to the Alpine FIS World Cup. The recent introduction of a snow making machine has ensured the long ski season. Summer in Levi is equally exciting with an Adventure park, Golf and Country Club and many outdoor pursuits on offer, combined with stunning nature. The shops remaining open all year round provide even more services in Levi.

Tourism in Levi is actively being promoted and investment in the area is huge. I have visited Levi on a number of occasions and it is amazing to see how much it has changed, it just keeps getting better all the time. Levi attracts both Finnish and international visitors, from as far away as Australia and Japan, as well as all the regular European destinations and Russia. As I have already mentioned, there are direct flights to Kittila available from several international airports.

I hope you have found this information helpful, I am able to provide more specific information and I am happy to arrange meetings with relevant people for you to discuss this further.
Please contact me for additional information. This is a unique, once in a lifetime, serious opportunity. There is only this development available for sale in the centre of Levi, there simply is no competition.