Hot Property Hotel Deal Offers 16.75% Discount with 10% Guaranteed Return for 6 Years plus Pension Plan (SIPP) benefits seen as an investment no-brainer
The Property Association has pioneered a new investment business model whereby investors buy hotel rooms. This new financial opportunity has triggered buying interest from major financial institutions who are keen not to be left behind.
Manchester UK (PRWeb) February 8, 2007 -- The Property Association is a Manchester UK based free-to-join property investors club which negotiates discounted deals & special offers for its members. If a member decides to take up one of the offers, they pay a pre-agreed finders-fee to The Property Association.
This creates a win-win because the discount easily absorbs the finders-fee and creates instant equity for the investor. Most of the deals are the usual 'off-plan' and 'bulk-buy' deals whereby the buying power of the Association is recognised by the developer in the form of discount.
At the beginning of December, The Property Association pre-announced an exciting investment offer involving a hotel and are now in a position to formally announce this deal. No less than 36 Property Association members have expressed an interest and have already placed holding deposits.
Having completed their due diligence, The Property Association are delighted to say that further negotiations have changed the deal for the better and consequently have some specially improved terms for their Property Association Members. (it's free to join) Full details can be found at http://www.InvestorHotels.co.uk
There are several ways an investor can purchase this investment. Regardless of chosen purchase route (see below), all members will now receive the benefit of the 16.75% discounted prices, together with reduced management costs and longer rental guarantee period.
This new concept guarantees a rental return of 10% per year for 6 years which is unprecedented in the buy-to-let industry. Financing schemes offer cash and non-cash investors options.
The scheme has been brokered between The Property Association founder, Mark Sawyer and a well-established hotel in a UK holiday resort. Mark explains 'Experience and visionary hotel management which delivers 82% occupancy rates plus 40 years of successful trading underpin this deal. Combining these assets with our buying power has created a unique opportunity for reinvestment and expansion in the case of the hotel and fantastic returns for TPA investors.'
Mark added 'This opportunity offers investors a truly hands-off investment. Apart from the small annual maintenance charge, there are no other outgoings. Prices start at £50,000 discounted to £41,625. Where can you get a good quality buy-to-let investment for this price in the UK? It's almost impossible and six year rental guarantees are unheard of.'
TPA are delighted to report that they have placed 36 rooms so far in under three weeks since official launch. Needless to say the vendor is delighted with the result.
Mark Sawyer listed the primary benefits as 'Almost 17% verified discount, Instant Equity of up to £11725 per room, the granting of a 999 year lease (as good as freehold). There is no Stamp Duty to pay only a very low maintenance fee. There are no furnishing costs, no unexpected overheads, no voids, no letting agent charges. One of the biggest benefits is that this investment is pension-plan-friendly (SIPP) which means it can be held as part of a pension plan. ttt
There are provisions for future exit strategies and a resell service in place which presents a zero-hassle, time-efficient, hands-off investment.
For enquiries call 0845 060 6677 during office hours. Quote this news release and get a free report. Website & Membership http://www.ThePropertyAssociation.com
BACKGROUND
In November 2002 Mark Sawyer was at rock bottom. Realising that he had only made any real money when he bought or sold his own residences over the years, he turned his attention to investment property and started a self education process.
In just over three years, Mark and his wife Virginia have jointly built a £4 million property portfolio. Most of this property came from the same offers they negotiated for their Property Association members. Over 20,000 people have joined them as free members and over 1200 people have become buying Associates.
Some of their Associates have purchased twenty or more properties and have portfolios larger than their own. Mark & Virginia Sawyer have now sourced and supplied more than £380 million in property for their Associate members.
For More Information or Media Interviews
Steve Foley Foley Associates
Phone 07966 200895 / 01706370717
e.mail stevefoley3-at-aol.com
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