Property investors looking to expand their portfolio with a new-build property are being urged to consider a new development on the Llŷn Peninsula in North Wales, where Natural Retreats is building 20 two- and three-bedroom holiday homes with superb sea views. Available on a 999-year lease, the homes are managed as part of Natural Retreats' network of high-quality holiday rental accommodation.
So-called "staycations" have become more popular as holidaymakers find better value for money in a break in the UK than they do overseas. Agent Knight Frank predicts a 2.6% rise in real terms of spending by domestic tourists over the next ten years and a 4.4% rise by overseas visitors to British shores.
Owners of the Natural Retreats Llŷn Peninsula Residences can be allocated private use of their property and get Platinum Membership of the brand's Great Stay Programme, allowing them to swap two weeks of usage at this resort with two weeks at another of Natural Retreats' worldwide portfolio of resorts.
There is a choice of two- and three-bedroom property layouts. Each is granted a unique viewpoint of the coast and benefits from privacy from the other properties. Sea views through full-height picture windows are provided from every living room and master bedroom. There is an impressive specification, with central heating, a fully fitted kitchen with full range of appliances, stylish bathrooms, an en suite to every master bedroom, Apple TV and wifi, landscaped terracing and allocated parking.
Prices for these new homes in North Wales are £320,000 for a two-bedroom property (approximately 1,000 sq ft of accommodation) and £432,000 for a three-bedroom property (1,300 sq ft). The annual service charge covers a full management service, including cleaning and maintenance, lettings service, a seven-days-a-week concierge and a bespoke online owners' portal where you can view and track all aspects of your property management and bookings.
Natural Retreats have a range of purchase options offering 6% net rental guarantee for the first three years on a limited number of the residences, or a unique offering of 4.5% net rental guarantee that allows the buyer 28 days usage per year in guarantee period. The rental guarantee is subject to terms and conditions and applies to a selected number of residences only, and usage restrictions apply.
As an added bonus, while the development is being built you will be able to enjoy 21 days per year holiday at some of Natural Retreats amazing other UK locations, completely free of charge.
This northwest corner of Wales is a scenic delight, with miles of sandy beaches along Nefyn Bay, the rolling countryside of the peninsula and the peaks of Snowdonia National Park a short drive away. Close by the development is the Nefyn and District Golf Club, a links course with panoramic views of the coast to the east and west.
Just a few miles away are the popular resorts of Abersoch, Pwllheli and Porthmadoc, with a host of excellent shops, bars, restaurants and amenities. Fans of water sports will love the area, with facilities for jet-skiing, surfing, windsurfing and wakeboarding. Hikers and cyclists with also love the varied terrains within easy reach and there are other tourist attractions such as Portmeirion village (made famous by cult TV show The Prisoner) and the Ffestiniog Railway.
For more information contact 01625 416 450, email enquiries@naturalretreatsresidences.com or visit www.naturalretreatsresidences.com.