This is a scheme where you buy a property with the knowledge that you will receive a fixed rental income for a fixed period of time. This can provide you with peace of mind and can cover the mortgage costs during that period of time. Additionally, the management of the property is hassle-free as the property developer or management company is responsible for this aspect over the agreed time period.
Rental income
No guaranteed rental scheme is free! If the risk is lower, the return will be lower; a guaranteee obviously lowers the risk. A valid guaranteed rental scheme is where the property developer or management company knows what rental income can be achieved and will pay you a smaller amount, the excess being kept by the property developer or management company.
If you want to achieve the maximum possible rental income, then a guaranteed rental scheme may not be suitable. In this the case, you will be responsible for renting and maintaining the property. You should also budget for the possibility of a void period (where the property is empty).
Property with Guaranteed Rental Scheme
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The Views at Pyla
Exceptional low risk investment with low entry costs and guaranteed, index linked rents for 10 years
- Prices from £114,000 (€149,000)
- Four small luxury apartment block
- Large landscaped garden areas
- Two five star recreation and fitness centers
- Two large swimming pools
- Two children swimming pools
- Car parking for each apartment
- 3 Communal changing rooms and toilets
- 10 % Deposit only (£11,400)
- 10 years index linked rental guarantee
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