Great investment opportunity- Off plan development in New Belgrade

Price: Starting from 60,000 euro for 1 bedroom, and 80,000 for 2 bedroom
Property Type: Off Plan Apartment
Number of Rooms: 1 Bedroom
Contact: www.investmentpropertyserbia.com

Property description:

Just a 5 minute drive away from Belgrade's business district and all
large multinational companies, this New Belgrade development is ideal for
a good medium to long term property investment in Serbia.

Why invest in Belgrade? (Capital city)

• High unsatisfied demand for residential properties;(estimates of 300,000
units in demand and only 1,800 units delivered in 2007).
• Local migration to Belgrade for the better-paid jobs (adds more pressure
to the residential/rental demand).
• Major Multinationals (Microsoft, IBM, Philip Morris) establish
headquarters in Belgrade (creates a demand for business rental).
• Prices on new build are still cheaper than the old communist and post
communist flats;
• Major investments in the infrastructure
• New low cost carriers flights are available from major airports (Whizz
air, Fly Nikki).

Why invest in "New Belgrade GP2"?

-Excellent payment plan (as little as 30% down payment)
-Brilliantly located in New Belgrade within the heart of Belgrade Business
Center with existing infrastructure.
- Excellent amenities and shopping centers around the development.
-Excellent transport links, main bus links,and easy car access to both
central city and the motorway network.
-Proximity to major employment opportunities for professionals ensures
rental income
-Major retail centers within 1mile radius(Delta City, the biggest shopping
center in the Balkans)
-High-standard interiors with large terrace.


Payment Plan:

Option 1
-3,000 euro reservation deposit
-30 %- 3,000 euro within 30 days.
-70% - on completion 06.2011 (mortgage possibility for non-residents)

Option 2
-3,000 euro reservation deposit.
-100% - 3,000 euro within 30 days. In this case you get a 8% discount on
the total price.


Q/A SECTION:
Q1) Can we offer a rental service?
A: We will once a development is completed

Q2) What is the rental yield in New Belgrade, Serbia
A: A mid one bedroom apartment is currently renting for €300-€500 per
month. “New Belgrade GP2” would probably achieve €400-450 per month
because is bigger, better located and with excellent facilities. In other
words, assuming that you had your property completed at this moment in
time, you could achieve a rental yield of 9% which would easily have
covered the cost of your mortgage.

Q3) Guaranteed rental income?
A: Guaranteed rental normally applies to holiday resorts where income from
travel companies can be taken into account. This is not the case in an
urban situation in Serbia.