Leading Irish
property company, Malborough
International, has announced
details of a turn-key
development in Poland, The
Tower, and an information
seminar about the development
will be hosted in the Radisson
Hotel, Stillorgan, Co. Dublin
on the 28th and 29th
of April. The event is
free of
charge and a representative
from the Polish Embassy will
be in attendance as well as a
Polish solicitor involved in
the selling, who can offer
advice on potential
investments.
The Tower
apartment complex, based in
the popular city of Swidnica,
south west Poland is due for
completion in December 2007.
The development of 26 luxury
apartments, set in a former
German Hotel in the town
centre, is only a 45 minute
drive from Wroclaw airport
which is regularly serviced by
flights from Dublin, Cork and
Shannon. As a number of units
in The Tower have
already sold, Marlborough
Properties expects strong
demand to continue with the
second phase of the
development, The Opera,
which will consist of a
further 38 high quality
apartments due for completion
in December 2008.
For those
wondering why they should
invest in Poland – the answer
is rather why not? Poland is
one of the largest members of
the European Union and can
offer exceptional business and
investment opportunities.
Since entering the European
Union in May 2004, the
country’s economy has received
an important boost. Polish
GDP is the fastest growing in
Europe and it is the largest
single market.
Financing the
investment couldn’t be easier
and other incentives to invest
in this area are;
-
80% mortgages
available.
-
Ready to rent
apartments from €65K
-
High
potential for short term
capital appreciation
-
High quality
build and finish from Irish
developer.
-
35/65%
payment scheme – 35% up
front, 65% on completion
The attractive
development is centrally
located in the picturesque
town square of Swidnica, which
is host to an array of
festivals as well as being
close to a range of year round
amenities. The apartments are
also situated near a number of
big multinational companies
that have set up base in this
thriving country such as;
Toyota, Colgate LG Electronics
and P&G.
Pat Cody,
Managing Director of
Marlborough International
commented;
“This is an
excellent opportunity for
those looking to invest their
SSIA’s or simply enter the
thriving residential
investment market. The fact
that the development is being
managed at all levels by an
Irish team makes it even
easier for Irish people to get
involved. We highly recommend
good quality investments in
Poland over the next three
years as a way of getting
excellent return on investment”.