Amazing investment opportunity from international hotel brand with 10% yeilds

Apartment · For Sale
$142,000

Modern fully furnished two bedroom apartment located inside the 5* resort managed by a well-known international hotel management chain.
The apartment has a balcony with a sea view, kitchen, bedroom and a spacious living room.

Movenpick 5* is the brand new project located right on the most beautifull beaches of Vietnam – Cam Ranh stretch. The project consist of a Hotel, gated villas community and a Condo Hotel. The Condo-hotel has 8 floors of luxury condos – all with a front sea view.

This property has an optional rental program – that means that you can live at the property for the whole year or sign a contract with the management company to receive the guaranteed rental income. If you want to sign the contract, you’ll receive the following conditions:
You receive 85% of the total profit, but not less than 10% from the total value of the apartment / villa per year for 5 years. After 5 years you can sign a new contract with the management company or live there / manage it by yourself;
You can use your property up to six months per year, but your profit will be reduced accordingly (e.g. if you use it for half of the year, you’ll receive half of 10%, which is 5%);
You’ll get the ownership certificate (pink book for your property) – according to the current laws that means that you will own it for 50 years + can extend for 50 more years (total 100). Than you can sell it to Vietnamese and he will have it for freehold;
The income is paid every 6 months.

Location

Đại Lộ Nguyễn Tất Thành, Cam Hải Đông, Cam Lâm, Khánh Hòa, Vietnam

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