Property experts project an Annual rate of return of :
15.00%
the return on your investment in one year:
€170,400
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Russia is the largest country in the world and is currently experiencing strong economic growth and rapidly growing local wealth, particularly among the affluent.
Property investment opportunities typically focus on Russia's main cities of Moscow and St. Petersburg, but as the country develops and Russia's population becomes increasingly wealthy, new opportunities are emerging in Russia's new luxury holiday destinations.
Katherina Alpik is a year-round, European standard mountain and ski resort in Russia. The development consists of 160 apartments within 10 buildings, set over 2 hectares of land. The complex is already built and awaiting registration of ownership in summer 2007 so there will be no long delays before rental income begins.
Stable price growth is predicted in this region in the medium term due to the development of the nearby town of Sochi, which will be hosting the winter Olympics in 2014, investment in the region's infrastructure, and the development of 200km of ski slopes which are under construction. In addition, high rental yields are forecasted at 11% net per annum assuming 60% occupancy.
Due to the nature of the Russian property market, and due to the fact that the development is already completed, 100% of the price of the property is payable to the developer on purchase. This is standard practice in Russia.
Apartments from 33 square meters to 195 square meters.
The development is situated 40 km from the City Airport and 60 km from downtown Sochi.
The resort is in the north-eastern part of the Krasnaya Polyana settlement in the picturesque gorge near mountain foothills about 600 meters above the sea level in the Mzymta River valley.
