Arish Wonderwall Project

Patra, Greece
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Arish Wonderwall Project
PROJECT OVERVIEW

Arish Wonderwall, a new standard for purpose-built student accommodation, located by the beach. Offering an easy fee-schedule (an “all-in” basis), inclusive of fully furnished individual studios with private bathroom, private kitchens and private terraces, WiFi, flat-screen television, gym, laundry room, study rooms and plenty of social spaces including lounges, roof top terrace, cinema room and gardens.

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PROJECT SPECIFICATION
Type
Purpose Built Student Accommodation, 56 Studio Apartments - Passive Investment Asset (fully managed)
Location
Located in the City of Patra, Greece (Patra is the 3rd largest city in Greece – home to 35,000 students)
GV
Golden Visa Eligible under €250k scheme
Legal Ownership
Freehold individual Title Deed over each Studio Apartment
Student Accommodation Operator
  • Fully managed with 15 year operator lease
  • Years 1-5 : 5% rental fix (net of expenses, but before investor own income taxes)
  • Years 6-15: market (actual) returns
  • Lease renews after 15 years with same or different operator

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