Retro

Retro is new multifunctional development on the market in Bratislava. Exceptional combination of housing, sports and shopping facilities with attractive design will soon grow on Nevadzova Street in up-and-coming Ruzinov area, Bratislava District II. Retro features:

• - over 300 apartments,
• - three floors of full-fledged shopping center with wide offer of services and comfortable parking
• - post office,
• - bank branches,
• - fashion shops,
• - children corner,
• - restaurants and cafes,
• - supermarket,
• - interior designers,
• - offices,
• - private medical center
• - sport facilities include:
  - badminton hall,
  - fitness center,
  - relax center (cosmetics, manicure, massage, pedicure, hair-dressers).

The complex is designed to provide high-end accommodation for upper-class market. Its location (see below) will attract professionals and all levels of managers employed in companies based in Central Business District of Bratislava.

Location

Bratislava

Bratislava is the capital of Slovakia and is the country's largest city. It is the only national capital in the world that borders two other countries, Austria and Hungary.

Ruzinov (Bratislava, District II)

location: Ruzinov is District II of Bratislava, located just to the east of the Old Town. It is an established residential area with vast areas of greenery, two lakes, various schools, hospitals, theater, houses of culture, sports and shopping facilities. All these qualities and building of the new business district in southwestern part of Ruzinov make it the quickest rising area of the city and a star of real investment in Bratislava.

Future potential: Central Business District

Ruzinov has been designated to be at the primary residential area for so much needed Central Business District of Bratislava. Business District zone lies to the south and southwest of Ruzinov, with several office space developments already in place. There are Apollo Business Center I and II, and City Business Center I - IV, which offer more than 200 000 square meters of office space at the moment and more is to be built. It is to be the counterpart of London‘s City in Bratislava, seated between The Old Town and Ruzinov's residential areas. Ruzinov already is the most popular area with young professionals and the Central Business District will rocket Ruzinov on the top of the chart of the best capital growth offering areas in Europe.

Payment Terms

The Right Move Abroad have a refundable reservation fee policy which enables you to hold an apartment for up to 30 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property / development within the 30 day period. Only 10% of your reservation fee is retained by The Right Move Abroad as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is €3,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 30 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.

FIRST INSTALMENT - 20% upon signing the Preliminary Contract of Sale within 30 days of making your reservation (minus your €3,000 reservation fee).

SECOND INSTALMENT - 50% upon completion of the rough construction of your apartment building (approximately June 2009).

THIRD INSTALMENT - 25% upon completion of the interior of your apartment (approximately April 2010).

FOURTH INSTALMENT - 5% upon issue of the operation permit and hand-over (approximately July 2010).

Property Management

There are a number of local property management companies who can rent your apartment out. The conservative estimated return is 5-7% with capital appreciation at 15-20% currently. How (and whether or not) you rent your apartment is your choice, as too is the type of offers you wish to invite (long term versus short term). We will assist you in sourcing a suitable property management company, who will also advise an estimated rental income for both short and long term lets, and estimated occupancy figures.