Tatragolf Mountain Resort For Sale in Slovakia

Project

Name: Tatragolf Mountain Resort
Total Investments: 264

Location

TATRAGOLF is a mountain home project located in the High Tatras (Slovakia) adjacent to a brand-new professional 27-hole golf course and a state-of-the-art water park and thermal spa/wellness centre (under construction). A total of 264 mountain apartments, in 11 superb manors of 24 units each are being built over more than 17,000 square meters of land. Every mountain apartment offers spectacular views of the High Tatras, the Low Tatras, or the golf course. The general concept is the result of studies regarding the best-integrated mountain apartment projects in Canada and the Alps. The classic architecture of these manors creates a relaxing holiday atmosphere, particularly when combined with breathtaking views. One of the reasons why the purchase of a TATRAGOLF mountain apartment is such a good move is its ability to provide the convenience of a vacation home without the drawbacks. The owners do not have to care for the maintenance of their properties.

Rental Program

The developer is guaranteeing your rental return at 7% of your purchase price for the first 3 years with a room rate share, soon to be released, thereafter.

Payment Schedule

Initial non-refundable reservation deposit of 3.000€
30% (less initial reservation deposit) within 7 days of signing the pre-purchase agreement. This usually occurs within 30 days of signing the reservation deposit.

There is also a second option where you could pay and initial deposit of 50% and the remaining 50% upon completion giving you a further savings of 3% off the purchase price.

Financing of up to 70% LTV is available. Please see the financing page for full details.

Completion Date

Fourth quarter 2007.

More Reasons to Invest in Slovakia

It has the fastest growing GDP in Europe.

Slovakia has an excellent strategic location in the centre of Europe and is bordered by 5 other EU countries.

Over the past 2 years Slovakia has implemented some of the most progressive reforms of all the new EU accession countries, and, in the eyes of many analysts, it now has one of the most progressive business environments in the EU.

According to the World Bank, Slovakia had the fastest transforming business environment in the world last year, and comparisons are already being drawn with the Republic of Ireland's economic transformation in the 1990s.

In 2005 Slovakia received foreign exchange rate earnings from tourism of EUR 1 billion, an increase of 10% year-on-year.

Slovakia is a premier winter destination and has everything you would expect from a European resort - but at a fraction of the price.

Offering a true alternative to the Alps, the breathtakingly beautiful surroundings of Slovak mountain resorts will impress any skier who appreciates well prepared slopes, state-of-the-art technology, and the latest in skiing and snowboarding equipment.

The flow of tourists is increasing every year, making the prospect of buying property, flats and houses in these resorts very attractive indeed.

With the on-going large amounts of capital being invested, the resorts are just getting better and better making them among the most hi-tech in Europe.

The Slovak Republic is located in a moderate zone with distinct seasons. The average daily temperature is -2 celsius in the winter and 21 celsius in the summer. The coldest month is January; the warmest are July and August. At the highest elevations snow remains on the ground for an average of 130 days per year.