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Crete Property

Rimondi Grand - Crete

Rimondi Grand is an exclusive Hotel and Spa resort located close to the stunning historic harbour town of Rethymno in Crete. Rethymno attracts thousands of visitors each year and provides the perfect  mix of authentic Cretan tradition alongside modern amenities, entertainment and facilities.

Investment Summary

Investors can purchase a discounted share within a hotel suite and benefit from rental income and capital growth on their share of the property. Mortgage finance is not required as shares are very affordable and can be purchased outright from as little as £10,000 using personal money or pension funds via a SIPP (Self Invested  Personal  Pension).

For added security, the whole transaction is handled in the UK (governed and protected by UK law) as the hotel suites are held in a UK Trust structure.

Why Invest?

Discounted Price - Prices at Rimondi Grand are already significantly lower than similar Greek hotel investments currently on the market. Investors can now benefit from the additional negotiated discount of 25%.

Affordability - The obvious benefit of buying a fraction of a hotel suite is that it costs considerably less than purchasing the unit as a whole, making fractional ownership a cost effective way to diversify your investments. Investor prices start from as little as £10,000.

Guaranteed Returns - Guaranteed income of 6% for the initial 2 years, followed in subsequent years by an equal share with the management company of room revenues received. All parties  are working towards the success of this investment.

A Growth  Market - Fractional Ownership of property is currently experiencing rapid growth within Europe. Already hugely popular in the US, the benefits of fractional ownership, such as affordability, flexibility and ease of ownership are contributing to its current escalation in popularity.

Fully Managed Investment - Investments are managed by a dedicated management company. Therefore, the day-to-day running of your asset is coordinated on your behalf, making this a truly hands off investment.

Annual Returns  – Combined income and capital growth returns projected at approx 17% per annum.

Investor Protection

Security – All Investments  are secured on property.

UK Trust Structure – The process of purchasing fractions via a UK Trust, who act in the interest of all parties involved, adds an additional layer of security to the purchase.

No Mortgage is Required – Appeals to Investors who do not wish to take on further debt to facilitate an investment.

No Costs – Contractual obligations ensure Investors are protected against future dated expenses. For example, in the unlikely event the hotel receives no income, an Investor is not liable for any hotel running or maintenance costs.

Money Held in Escrow – For properties which are not yet constructed.

 

Why Crete?

The largest Greek island, Crete has an established tourism trade and importantly, an unexploited property market. There is no oversupply of real estate as property has primarily been built “to order”.  A discounted opportunity now exists to invest for mid to long term gain.

Appeals to Investors who do not wish to take on further debt to facilitate an investment.  There is no over supply of real estate as property has primarily been built “to order”.

Please Note

A lifestyle product  is also available at the higher cost of approximately £13,500. This entitles purchasers to spend 5 weeks per annum indefinitely at the Rimondi Grand or exchange this for weeks in a comparable hotel anywhere in the world via the exchange programme offered by Interval International (Not available via a SIPP).

 

Disclaimer

Please note rental income is only guaranteed within the first 2 years from completion. Rental returns after this period are subject to occupancy and room rates obtained by the hotel.

TailorMade Alternative Investments have done their utmost to ensure the information produced within this document is accurate at going to press.

For further information please refer to your Agent

Wealth Creation Financial Solutions Ltd

Call Now   07802 380 712

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