the property investment experts
Luxury Hotel and Spa Investment with 9.83% Projected Net Returns
Key Features
9.83% Net Returns Projected.
50% LTV Finance Available.
Freehold 2-3 Bedroom Houses.
5 Star Hotel & Spa Operator.
James Braid Designed Golf Course.
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Our Rating:
Luxury freehold 2-3 bedroom houses within the historic estate of Taymouth Castle managed by a 5 star hotel and spa operator with excellent returns.
Taymouth Castle
Principal International are delighted to offer clients this truly unique opportunity to invest in this iconic Scottish Castle and Estate project on the banks of Loch Tay and the River Tay in the middle of the stunning Perthshire countryside.
Investors can choose from a range of four 2 and 3 bedroom property styles located on the east side of the estate in a private wooded area close to the River Tay, sized between 1,711 and 3,131 square feet of living space, priced from £496,144.
Clients can can take advantage of status finance of up to 50% of the purchase price.
Investors will enjoy excellent net returns, projected to be up to 9.83%.
These properties represent a truly hands off, passive investment, as they will be managed by a leading 5 star experienced hotel operator.
The par 72 James Braid designed golf course has been remodelled and is over 7,000 yards long; James Braid has designed over 200 courses in the UK, including Gleneagles.
This iconic Scottish Castle and Estate is situated on the banks of Loch Tay and the River Tay in the middle of the stunning Perthshire countryside. This exceptional hotel and estate investment offers a range of house types within the extensive grounds of this long established country estate.
Taymouth Castle Estate are in the process of appointing one of the world’s leading ‘high end’ hotel operators to run this extensive Hotel, Spa and Golf Estate, to ensure it attracts discerning travellers from around the globe. In addition to the world class Spa and remodelled James Braid designed golf Course, the Estate also hosts Scotland’s premier salmon reach and will benefit from top class equestrian facilities, shooting and a range of other country pursuits. The development of this 5 Star hotel will perfectly serve the two prime areas of the hotel market – a destination of choice for the upper end of the tourism industry and first class conference facilities for the corporate market, not just from the local area, but across Europe and beyond.
The main hotel building within the Taymouth Castle Estate is the original castle building, which has been expertly and sympathetically restored to provide historic main rooms, alongside which will be developed elegant accommodation within the castle building, complimented by modern facilities of the world class Spa and the remainder of the main hotel accommodation. Tastefully positioned around the golf course, River Tay and the grounds of the Estate will be found an extensive range of 2 to 5 Bedroom luxury houses that will provide second homes and rental properties, all fully served by the Hotel Management company and all benefiting from the full range of facilities offered by the Taymouth Castle Estate.
The first phase of the Hotel is planned for opening by mid 2012, these hillside properties by the end of 2012 and the whole Estate scheduled for completion by the end of 2014.
This area of Perthshire has a strong tourism market and a shortage of high quality accommodation with first class services. In arriving at the projected weekly rental rates for these different properties, we have used local market data on what is currently being achieved for similar, but not such outstanding, property.
Pool:
Yes
Parking: Yes
Completion: Q4 2012
Parking: Yes
Completion: Q4 2012
Price
Guides
Guides
The Lochland
159m² (~1712ft²)
£496,144
The Carrick
257m² (~2767ft²)
£811,304
The Erskin
261m² (~2810ft²)
£811,304
The Tay
291m² (~3133ft²)
£908,036