Finland: Economic Success, property investment success

The Aurora Sky hotel apartment complex in the winter -- and summer -- wonderland of Levi has just become an even hotter investment property. Expected rental yields on the development have always been 8-12%, but the new ski-lift that has been approved for building right opposite the main entrance will increase rental yields by making it a ski-in ski-out hotel.

With up to 90% finance available and such gains expected, as well as an optional 6% guaranteed rental yield for the first five years or rental management for a 10% fee, there is no doubt that Aurora Sky apartments are excellent investment properties, but not enough is said about just how wonderful they are as holiday homes.

Levi is a vast expanse of beautiful scenery, with only the occasional row of houses making a dent in the gorgeous landscape, of course there's the well equipped Levi ski-resort, and the breathtaking mountain reaching up toward the sky from it, but apart from that it is largely unspoiled by modern development.

The Levi residential property development, including the Aurora Sky apartment hotel is going to be a self-contained holiday village just yards from one of the Levi ski-resort's downhill slopes, including shops where you can purchase the day to day essentials, as well as designer gear and skiing equipment -- the latter can also be hired from the resort.

But skiing is not the only thing that draws tourists to Levi; there are a whole host of other popular activities in summer and winter including:

• Husky dog-pulled-sled rides
• Hot-air balloon rides
• Reindeer rides (at Christmas)
• Fishing (ice-fishing in winter) in the nearby Levi lake
• Snow-mobile safaris
• Nordic walking
• Admiring the Northern lights tourist attraction

On top of all that and just being in amidst such beauty and clean fresh air, being in the home of Santa Claus is a benefit in itself for families with children. Only after you have considered all its beauty should you consider buying an Aurora Sky apartment as an investment. When you do the fact that your money is held in a government ordered escrow until you get the keys is also a benefit, because if anything stops the development, or you just change your mind you can get your money back minus a small administration fee.

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