We use cookie files as a part of our websites. We use cookies in order to understand how the users use a website and adjust the website in such a way that using it is more pleasant and interesting. We also use cookies for advertising and statistical purposes. Cookies may also be used by advertisers cooperating with us and by research companies. You can change your cookie-related settings and any times. Using our websites without changing cookie-related settings means that these files will be placed in your device. Detailed information related to using cookies, including the option of changing cookie-related settings may be found in our "Privacy Policy". X
Price from EUR
Price to     EUR
Area from to
Rooms from to

Porto Ada Villas
Italy
Italy
The Peak Towers
Thailand
Thailand
Villa on Brać island
Croatia
Croatia
House in Poreč
Croatia
Croatia
Cala de Mijas
Spain
Spain
Cabo Roig
Spain
Spain
Apartment in the Centre of Marbella
Spain
Spain
Taymouth Castle Golf and Spa - fractions and apartments
Aberfeldy, Perthshire, Scotland, United Kingdom
Apartment, Room(s):1 - 3
30.000,00 GBP



10% rental guarantee for 2 years. After this time rental income will be shared with the hotel 50/50.

 

The Castle is set in 500 acres of stunning grounds

We are selling the suites in the East wing which is an existing building of the castle.

It’s currently shell and core status with full planning for 42 suites (11 are already sold)

The suites are priced at £30,000 a fraction and the returns are 10% for 2 years (if not used for the 4 weeks of ownership)

There will be further price rises when these 11 are sold until the true market price is approached.

The apartments have freehold status and the entire East Wing has its own separate title (encumbrance free) for added buyer protection.

"The equivalent of English Freehold residential status in Scotland is Absolute interests in land and this means that a person has unfettered ownership of property. In Scotland historically until the abolition of the feudal system there were two distinct legal estates, superiority and feu. The estate of superior was unfettered, and therefore absolute. Under a feudal estate the actual owner (or "feuar") must not have breached the feuing conditions, but he was otherwise entitled to complete possession of his property for all time, and therefore his ownership is also regarded as absolute, subject to any statutory”

Completion of the whole of the East Wing will be 12 months.

Maintenance costs for a fraction per year based on 52m2 apartment:

1. Insurance £25


2. Council Tax £25


3. Limited By Guarantee Company administration £100

4. Maintenance £25 psqm divided by all 13 owners eg Suite 32: £25 x 51.9 = £1297.5 / 13 = £99.80 per fraction.

Total costs per annum based on this apartment are £250.

Annual utilities calculated using the below usages.

You will not pay these for the nights in the rental pool as these will be covered by the rental income. Personal usage would only pay a % per night used of the utilities.

Based on standard BSRIA (www.bsria.co.uk) occupancy factors and 46 individual suites I would like to confirm the following utility estimations for the three ranges of suite based on non-continuous occupancy. Pls note that whilst I’ve adjusted the electricity and gas estimations, I’ve hardly adjusted the water consumption estimation as the number of sanitary fitting in every suite is almost the same regardless of area.

Electricity

Gas

Water

Estimated Cost

kWh/annum

kWh/annum

Litres/annum

£/annum

45m2

2100

10600

70000

£1,444

55m2

2800

1300

75000

£1,627

65m2

3300

15200

80000

£1,790

As you can see, all costs can be covered for less than£10 a night, for the nights that the owner wishes to use their property.

Personal Usage can be booked as following:

1stFeb -14thFeb – We open up owner bookings for up to 1 week, subject to availability.

15thFeb – 28thFeb – We open up owner bookings for up to 3 weeks, subject to availability.

If bookings are not made in this time then the property will be added to the hotels booking inventory

This can be up to 13 months in advance but only 4 weeks in total per fraction can be booked in any 12 month period.

On the 1stMarch – The remaining weeks will be allocated to each owner for rental purposes. This will be each fractions remaining usage evenly dispersed through the year and they will receive 50% of the net nightly room rate based on these weeks only.

North Wing

This is off plan

There are potentially plans for 50 suites and a family spa. Once the separate spa in the grounds is completed, the indoor/outdoor pools of this spa will become the children’s swimming pools.

Facilities

Existing golf course designed in 1925 by James Braid (who also designed Gleneagles which hosted the Ryder Cup) with clubhouse

4 restaurants (one is a unique smokehouse restaurant) 3 of the restaurants are to be built however the spike bar in the golf house is ready now

Equestrian Facilities

Family Spa

Main rustic/rural spa in the grounds (to be built over a stream)

There is a vast range of facilities that can be arranged within the area.

Order of build

1. Reception rooms and East Wing (8 suites we are selling first and all common hotel areas. We will then start to run the hotel at this point).

2. 13 bedroom in main castle and rest of east wing at same time.

3. Family Spa

4. North wing

5. Equestrian centre and Smoke House Restaurant

6. Clubhouse