The first phase of Trinity Court will comprise 4 buildings on 5 levels offering 135 apartments, with underground garages and some with retail spaces and offices as well; by the completion of the project there will be a total of 300 apartments, offering a wide range of sizes and layouts (from 47 m² to 120 m²), and most of them will have a terrace, balcony or garden. Construction started in March this year with completion expected by the end of Q2 2008. Prices per m² will range from 25,500 to 31,500 CZK and apartments will cost between 1,500,000 and 3,900,000 CZK (35,500 to 92,000 GBP; 52,500 to 137,000 EUR), including a parking space & cellar, excl. VAT.

Trinity Court (Brno, CZ)- NEW PROJECT

Country: Czech Republic
Location: Rajhrad, Brno
Number of apartments: 135
Apartment size: 47m2 - 120m2
Estimated completion: Q3 2008

Description:

Situated on the peripherals of Brno, the town of Rajhrad shares the same benefits of investing in Brno it?s self whilst at the same time being comparatively cheaper.

Rajhrad is a commuter town with a history dating back to the 13th century. Located 5km from the city limits of Brno and 11km from the historic center, Rajhrad has excellent public transport links via train and bus connections.

Brno, the second largest city in the Czech Republic (population of 400,000), has been the focus of more buy-to-let investors in recent months with it?s combination of both high capital growth, coupled with strong yields. Brno is strategically located in the middle of three regional capitals- Prague, Bratislava and Vienna. The city has recently won an award as Eastern Europe?s (Visegrad) ?European Cities & Regions of the Future 2006/07? and has seen sustained economic growth of over 9% for the past decade.

The first phase of Trinity Court will comprise 4 buildings on 5 levels offering 135 apartments, with underground garages and some with retail spaces and offices as well; by the completion of the project there will be a total of 300 apartments, offering a wide range of sizes and layouts (from 47 m2 to 120 m2), and most of them will have a terrace, balcony or garden. Construction started in March this year with completion expected by the end of Q2 2008. Prices per m2 will range from 25,500 to 31,500 CZK and apartments will cost between 1,500,000 and 3,900,000 CZK (35,500 to 92,000 GBP; 52,500 to 137,000 EUR), including a parking space & cellar, excl. VAT.

Investment Overview
? Excellent buy-to-let opportunity, benefiting from both high yields and the growth
? Off plan investment - to complete Q3 2008
? Commuter town benefiting from the growth of Brno, with good public transport connection to the city centre
? Rental yields (gross, including parking) expectations up to 8.02%
? Expected capital growth of 15 % per annum.
? Average unit price (including parking, cellar, excl. VAT) of 1,900,000 CZK
? LTV's expected up to 80% for non-resident purchasers.
? No local capital gains tax if held for 5 years
? Equity requirements starting at 225k CZK / 7.9k EUR/ 5.3k GBP
? Bridging loans available for exchange deposits (ie. no cash down).