2 Bed Apartment for sale in Oulu, Finland

Features
Edit?•High end ski project in Northern Finland
•Only €6000 total contribution
•100% financing project
•Rental guarantee mininum 6% no capped rate
•Positive cash flow
•Fully furnished
•Ideal for investment
•Non status finance
•Ski in ski out facility
•Each apartment has its own sauna


Full description:

This is a no brainer deal. Low money down - €6000 total contribution, non status 100% finance, rent guarantee and positive cash flow on a high end project that is key ready.

We are pleased to announce the Launch of our 2nd Development in this country.

You can walk out of your front door and straight onto the slopes. No walking on ski boots, no bus rides, simply step on to your Ski or Boards and start ski-ing. The Apart Hotel lies on slopes adjacent to the main ski lift and in the evening you can ski down into the apartment complex! You can simply sit back and enjoy the easy access and central position. All Apartments are fully equipped and contain their own Sauna department and have their own balcony or terrace.

We are committed to these projects in Finland

We are launching with Block A, first come first served basis…

The Mortgage approval process is simple and accessible to most client’s with the minimum of information.

Here is the Outline of Proposed Structure:


- €6,000 Total Contribution. To Reserve complete Reservation form and pay 1000 Euros Deposit. Contracts are ready to be issued and when signed balance to be paid
- 70% Developer Mortgage (interest only) Circa 3.5%. Spreadsheet shows this as a guide but could be less
- 10% Gifted Deposit
- Bridge Finance to 100%-Repaid by Resort Management Co. from Rental Income (see model)
- 2 Year Rental Commitment @ 6%
- Anticipated Rental Income 15% net of costs(50% split with Management Co)
- Cash Positive Day 1
- Superb Growth Potential
- Prime Plot

These units are expected to complete October/November 2010.

A few points to consider.

A major International Tourism Specialist have carried out case study on this development, Report available under NDA, the average occupancy rate for the area is 83 Euros with 59% occupancy, also refer to http://www.stat.fi/index_en.html Statistics Finland

For this Development they have concluded for this superior development 165 Euros mean average and 65% occupancy rates

The average yield is 10% this Development is assessed at 22%, so to be conservative the spread sheet has worked on 15% based on Purchase Price

Management will take 50% and Investor 50%

I think this a superb Investment Opportunity, one of the best to ensure exclusivity we need to have these units sold by the end of the month

Videos
http://www.vuokatti.fi/index_uk.php?id=10_39&la=uk
Slopes
http://www.vuokatti.fi/index_uk.php?id=2_309&la=uk
Masses of other info on
www.voukatti.fi

Financial Model - ask for more information

Vuokatti
Snow White Vuokatti is situated in the village of Vuokatti in the municipality of Sotkamo, in the centre of beautiful Kainuu. The landscape of Sotkamo is dominated by Vuokatti’s wild chain of hills, from which a splendid scenery opens up over the numerous lakes of the municipality.

In summer hiking paths pass over Vuokatti, whilst in winter ski-tracks pass along the traditional UKK-route.

Presently, belonging to Vuokatti’s greatest sights are a ski pipe and snowboard tunnel, which are not yet known anywhere else in the world.

Spa, downhill skiing centre, golf course... Whatever the season, Vuokatti really is full of events and activities all year round. It is the treasury of activities beyond compare.

vuokatti hillside
Imagine a ski holiday where you can walk out of your front door and straight onto the slopes. No walking on ski boots, no bus rides, simply step into your skies or board and start skiing! Snow White Vuokatti Hillside is a ski-in ski-out hotel, it lies just next to the front slopes! You can sit back and enjoy the easy access and central position.
The hotel has 77 apartments located on four buildings A,B,C and D.

There are three alternatives for apartment sizes; 32,5m2, 48.5m2 and 66,0m2, which
each containing their own sauna department.

All the apartments have their own balcony or terrace.

Snow white concept
Snow White is a new Finnish apartment hotel chain offering a high quality and fully
equipped holiday apartments for customers.

An outstanding architecture of the apartments and a high-class interior design ensures a unique experience beyond compare.

In Snow White - destinations the pure and fresh nature of Finland can be enjoyed together
with services and amenities of modern holiday resorts. Snow White - holiday apartments are within easy reach for everyone: via the online reservation system a holiday apartment can be booked for e.g. vacation, business meanings or accommodating party guests.

Snow White - ownership model is a way to combine a profitable investment and carefree
vacation.

Snow white apartments
Particular attention has been given to design of individual floor plans of Snow
White -apartment hotels, high quality materials, and appearance that is characteristic and modern, but also locally fitting.

Apartments are unique, fully equipped entities, where every detail has been specifically
thought throughout to create a carefree and comfortable atmosphere. All Snow White-apartments have a stylish Villeroy&Boch set of dishes, top-class Finlayson linen and high quality Sony AV devices.

Furniture and textiles are stylish and in keeping with general appearance of the
apartments.

Sauna, bathroom & changing room
The heart of every Snow White apartment is sauna with functional bathroom and changing room. Sauna and bathrooms interior combinesblack alder, white tiles and beautiful porcelain
bathroom furniture. Soft and top-quality Finlayson towels give the final touch on the whole experience. In every apartment, the utility room combined with sauna section is equipped with washing machine and dryer.

Bedroom
Top of the range mattresses, pillows, quilts and linen made by Finnish company Finlayson guarantee a good night sleep, vital for a successful holiday. A lot of consideration has been put into the interior design of the bedrooms: a calm colour scheme, spacious closets and modest furnishing following the style of the rest of the apartment.

The amazing northern lights shining in from the window can be shut out with blackout blinds so nothing disturbs your peace.