FROM JUST £23,960 TO £31,960
50% LTV FINANCE AVAILABLE
Sweden offers everything to make that ideal holiday home combining exciting summer vacations for all the family - from adventure sports to superb fishing, sailing, surfing, swimming, snorkelling, cycling, golf and many more plus the best of winter sports. Just imagine 22 hours of daylight in July and summer temperatures that last year averaged 22c.
TRANAS is a great place to spend your summer and winter vacations and also a wonderful place to live. It provides ample opportunities for active leisure time and cultural activities.
Visit the many museums, and sights of historical interest, enjoy a round of golf or some of the many other outdoor activities.
Our exclusive fully refurbished apartments building is located just 2 kms out of town and are shielded by a backdrop of Pine trees with footpaths leading to local bathing facilities.
There is a bus stop right outside affording easy access to STORGATAN which is the main High Street and vital nerve centre of this historic town, famous for being the longest and widest shopping street in Sweden and boasting a wonderful selection of shops, cafe's, restaurants and art galleries and also for holding a regular market day where stall holders sell their local products. During the summer months it holds many musical events enjoyed by tourists and locals alike.
PINE VIEW APARTMENTS is a newly refurbished block of just 24 units made up of 18 one bedroom apartments and 6 two bedroom apartments. (Click here to view Kitchen)
The building has 6 floors in total with 4 apartments on each floor. Each floor has three 1 bedroom apartments and one 2 bedroom apartment. (Click here to view living area)
AMENITIES INCLUDE:
Passenger Lift, Central heating in all apartments and common parts, Constant hot water, Substantial Basement area divided to provide storage rooms for each apartment, Laundry room on Ground floor.
PRICES:
One bedroom apartment - £23,960
Two Bedroom apartment - £31,960
APARTMENT SIZES:
One bedroom apartment - 62m2
Two bedroom apartment – 82m2
FINANCE:
Optional 50% LTV finance is available subject to status.
CLOSING COSTS:
Conveyance costs and 1% stamp duty.
Note: property prices rose in Sweden by 13% last year. This figure is considered to continue during 2008 and beyond.
LETTING OF APARTMENTS:
Twenty-three of the Twenty-four apartments have been let out in just the last two weeks alone, they have all been let out on 12 month contracts. We have saved one apartment back as a show flat for investors.
The 1 bedroom apartments are generating 3,900 SEK a month unfurnished - After taking off the 'Service Charges', that's a minimum 10% net return PA
The 2 bedroom apartments are generating 4,700 SEK a month unfurnished - After taking off the 'Service Charges' that's a minimum 9 % net return P/A
The management fee has been negotiated at 1 months rent P/A. You will be delighted to hear the current owner has agreed to swallow this initial cost.
SERVICE CHARGES:
The Service Charges are extremely conservative, they have been purposely made on the high side to give investors a healthy margin until the 1st year’s figures and costs have been checked. There is thought to be a margin of around 20% which can only increase the already superb net return PA.
The Service Charges INCLUDE all of the following:
• Annual property tax
• Buildings and public liability Insurance
• Cleaning of all internal and external common parts, including snow clearing and gritting during winter months
• Heating and lighting of the common parts and if you do not occupy your apartment during the winter months it also includes heating within your apartment maintaining a safe minimum temperature. (please note: all radiators have an independant meter fitted, which registers electricity consumed for which you are liable over and above the minimum usage referred to).
• Constant hot water 24 hours daily
• Lift maintenance
• All common area costs for cleaning and painting of the facade, renovation of ceilings, pipes, drainage. Exterior renovation and exterior electrical ventilation equipment plus all related vat.
All of the above outgoings are included in the annual service charges, pre-calculated and approved by owners and certified annually by an accountant.
You as an owner have the right to voice and determine your own affairs by democratic vote held at the annual general meeting of resident owners.
YOU PAY ONLY FOR ELECTRICITY YOU CONSUME
In addition: Each apartment has a centrally heated storage room in the basement and a separate secure caged area for your bicycles, skies etc. There is also a secure cold cupboard for boxed or canned food products i.e. snacks of vegetables etc. There is a common laundry room on the ground floor with a washing machine, spin dryer and ironing facilities.
Outside Amenities: For which there is a separate annual charge per family of approx £45.00 Entitles you to a special card giving access to a brand new swimming pool, a tennis court, a safe play area for children with a wonderful selection of swings and slides etc. The new owner will have to pay this fee for the tenants if they let out the apartment. There are also several barbeque areas for all the family to enjoy the use of and where you can mingle and meet with your neighbours. Ample free car parking areas available for everyone.
Children’s Play Area & Swimming Pool
Tranas Town
The town of Tranas is a safe friendly place for you and your family to holiday together, with sandy beeches around the lakes where you can enjoy every water sport imaginable. The 4 month summer season is an experience you will cherish with temperatures last year averaging 20 and the cost of living, contrarily to common belief, on par with the rest of Europe. In Tranas you can enjoy a 3 course lunch time buffet for £5 including a beer.
The beaches and Lakes in summer.
For more information or to purchase one of these exceptional properties contact TIM HAMILTON ASSOCIATES LIMITED on
+44 (0)1202 669966 or email tim@timhamiltonassociates.com.