condoinvestment2

Castle Investments through its USA based partner are purchasing foreclosed condominiums directly from selected USA Banks at up to 70% discount of their previously sold price. These properties are situated in the bustling community of Orlando Florida, where the demand for quality property in the domestic rental market is high. Castle Investments can offer this type of property to individual clients either for their own use or as Buy to Let. The unique selling point of this investment opportunity is that Castle Investments have direct access to bank foreclosed stock, which is not readily available to either real estate agents or the public generally.

Now is the time to benefit from the relationships Castle Investments have with a variety of US Banks. With the significant downturn experienced by the U.S real estate market over the last 4 years, the Partners believe this is one of the best global real estate opportunities available.

The underlying investment strategy is to purchase these bank foreclosed properties at a price which is 10%-15% BMV (below market value), this could possibly be as much as 70%-80% discount to original market price. As a result of the underlying property values being depressed there is a robust underlying yield from the rental of these properties, in the region of 12% gross per annum.