West Properties International
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UK+44 (0) 845 643 9839
Ireland1890 9 300 90
Bulgaria+359 2 950 2045
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6 Year Managed Investment Portfolio

 
Investor

The 6 year managed Portfolio investment is a limited offer which has been assembled to offer investors massive returns by taking advantage of rising property values in Bulgaria. The initial investment of €640,000 is combined with €640,000 from developer finance and a €500,000 share in a project under development, giving the investor their share of the returns from an investment pool worth over €1.7m.

The costs are fixed and are outlined below:

Fixed Cost Details
Rental Charges   €39,172
Property Mgt Fees   €41,152
Legal/Notary Fees 5% of cost €59,670
Mortgage App Fees   €605
Accountants Fees   €9,000
ReSale Fees 3% €63,426
Property Tax .13% €8,347
Waste Charges €100 per property p.a. €3,400
Property Insurance € 150 per property p.a. €5,100
Site Investment Interest 6% p.a. Capped €90,000
Bulgarian Loan Interest 8% p.a. €298,667
Total Capped Costs   €619,079

Breakdown of the Total Investment:

Breakdown

 
Investor Contribution (Apartments)
West Finance (Site Level)
West Finance (Apartments)

The Returns

 
Apartment Portfolio Profit (after 6 Years) 788,824
Investor Investment Returned 640,000
Site Investment Profit (after 3 Years) 517,000
Total Gross Return 1,945,824
Less Total Costs 619,079
Total Net Return 1,326,745

For further details on this investment option call us today for a free consultation. This is a limited offer until August 2008.

Site Level Investment

 
Site Level

West Properties International currently have over 20 sites for sale or at planning stage.These sites range in price from €480,000 rising to €20,000,000 depending on location and size.All sites are in areas that have been zoned for either residential, commercial or industrial use.

At West Properties International we are not limited to just the sale of the site, we can also oversee design, planning, construction and sale of completed developments. We are also in a position to plan and advise on taxation and legal issues.

As the Irish property market continues to cool off, there is excellent potential in Sofia and greater Bulgaria. Investment at site stage can yield significant returns.

Investment Properties






Ireland Office
Bothar Na Mine,
Ballybane,
Galway

t: 1890 9 300 90
e:
Corporate Headquarters
146 Vitosha Boulevard
Sofia 1463
Bulgaria
t: +359 (2) 950 2045
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