Country hotel cottages, exclusively represented by Intermark Real Estate, are one of the most reliable investment products with high passive income and liquidity on the market.
The hotel, built and operated by the developer since 2016, the developer replaces all cottages with new ones and sells them to the investor. During the winter season of 2022-2023, it is planned to add a building with a common infrastructure - a gym, a cinema, game rooms, as well as a playground. Prices are projected to increase by 20% by the time of completion of all works at the hotel, then an increase of 5-7% a year.
The last 10 cottages
£130,000 for a 1-bedroom cottage of 25 sq.m
£155,000 for a 1-bedroom cottage of 32.5 sq.m.
- 8.9 rating Booking.com
- 8% per annum for 10 years - fixed yield, indexed by RPI every year
- Buy back option for 105%, 107% or 110% of the purchase price respectively
The travel time to the hotel from the major cities of the North-West of England - Manchester, Liverpool, Sheffield, Leeds - 1.5-2.5 hours. The North-West is home to 7 million people - it is the third most populated region in the UK after London and the South-East Among local attractions - the beaches of South and North Wow, suitable for surfing, and Scarborough Harbour.
To the northwest of the hotel are North Riding Forest Park and North York Moors National Park, offering additional opportunities for hiking and cycling In the National Park North York Moors also filmed scenes from Harry Potter, and there are a number of attractions associated with the franchise, for example, Hagrid's hut.
Nearby are the Scarborough Sealife Centre Aquarium, Scarborough Castle, many local picturesque villages, an outdoor cinema, plus many other amenities, bars and restaurants