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COMMERCIAL PROPOSAL FOR SALE (INVESTMENT) IN LUXURY VILLAGE IN SOUTHERN FINLAND. PUUMALA-SAIMAA AREA. CONTACT: Russia Moscow Nasekin Alexander Michailovich [email protected] 8-903-723-48-03 St Petersburg Demin Dmitry Ivanovich [email protected] Finland Vantaa Juha Kapraali +358 500 712 724 [email protected] Finnish company "Puumala Kotasaari Oy" is the sole owner of 21 hectares of land – a full separate Island. It also has valid permits for construction of elite cottage settlement (individual ownership is an option) located in Finland near the town of Puumala (“1000 Saimaa Lakes”). The project location is quite unique: 1. Proximity to the the Russian border: 70 km from the auto border crossing Brusnichnoe. 110 km from Vainikkala Railway Station, right across the Russian border in Finland. Vainikkala is 2 hours by train from St. Petersburg and 7 hours from Moscow. 2. Vainikkala. Availability of infrastructure centers: Sulkava – 11 km - local township with hotel, shops, restaurants, car rental, etc). Puumala - 20 km - district town with shops, restaurants, yacht clubs and other services. Lappeenranta – 70km – the administrative center with airport. Environment Untouched by urbanization, ecologically clean area. The island surrounded from three sides by the Saimaa Lake - Saimaa Lakes system stretches from South to North in Finland for over 900 km). Via Saimaa Lakes system you can get into the Baltic Sea, to Vyborg and St. Petersburg as well. The plot is covered with pine forest. Rich flora and fauna: mushrooms, berries (blueberries, cowberry, cloudberries, cranberries), wild hares, mooses and deers. Waters abundant in fish including salmon (salmon trout), grayling, pike, burbot, perch, roach, ruff, bream. Transport accessibility An asphalt highway leads all through to the Island with just 300 metres of local access by a breack-stone road in perfect condition. The highway is maintained and kept clean of snow. In summertime you can use water transport via Saimaa Lake – just 20 minutes to Puumala town. In Winter - snowmobiles on ice. The plan of the road on the half-island Communications in the area (21 hectares) The gravel road leads to each house plot. Electricity 160 kW own power substation is connected and operating. Complete layout (underground) of electrical cables to every house on a permanent basis. There are three intermediate electrical panels with the ability to connect on a temporary basis. Street lighting arrangement done with foundations for the lanterns set-up. Water supply Consists of the equipped well with a pump, pumping station house with central heating and expansion tank. Water supply is under pressure. Complete layout of water pipes leads to each house (there are six of them). All pipes are insulated with polypropylene. Centralized Sewerage Full layout of sewer pipes and connections to every house. Underground multi-level treatment facilities are built in accordance with the Finnish environmental requirements and standards. Sewage lifting - at the very bottom of the plot the well with two pumps (primary and backup) is equipped. Wastewater is pumped to the waste treatment facilities. Building permit At the moment on a plot of 21 hectares it is allowed to build five houses of 200 m2 each and one house of 100 m2. In addition - outbuildings (garage, shed) of 70 m2 and a yacht club facility of 30 m2. Thus total construction area is 1200 m2. Please be aware that all the terraces, balconies, canopies lower than 1,60m height can be built additionally without constraints (the second light and stairs not included). After the construction of the above mentioned structures on the general plan you may appeal to the local municipality for further increasing of the number of buildings. The main target of the local municipality is to preserve the environment. Experience of a positive reaction does exist. General Plan General plan is developed for the 21 ha plot with a precise indication of the buildings (6 houses, a yacht club, a shed building). It also identifies the areas of environmental and historical security (on the Island there have been found traces of ancient settlements - about the cabin yacht club build up in this zone is prohibited). Location of Yacht Club is developed and pontoon berths for boats is at the end of the half-island. Depth of 1,5m allows quite big boats and yachts. The proximity of water wells and the electrical communication provides an opportunity for a pontoon berth. All areas for houses are located on the waterfront (with sea view). The facades of future houses face South-West, thus prividing maximum Sunlight. Yacht Club location is caused by the headland after which the water is always calm (no wind). Also on this bay seaplane (small aircraft) can be parked - the use of which is widespread in Finland. The descent and ascent of boats is in "B" on the road, owned by Kotasaari. There are all conditions: the road approaches to the edge of water, gentle slope, it is already used by local fishermen in agreement with Kotasaari. Construction and Investment Location of building points in organized so that not to disturb the neighbors and at the same time not to be isolated. The distance between the houses is 100 -110 m Fences in Finland are not customary. Thus, you have the opportunity to build a house in one floor or two floors (recently more and more popular is the construction of one stored buildings). Construction of houses can be made of different materials: laminated veneer lumber, logs, timber, frame house with a filling of insulation, foam and blocks and bricks. Based on the availability of high-level wood, known to the whole world, in Finland: Honka, Portio, Kuusamo and so on, we advise you to build houses of laminated veneer lumber 205x200. Approximate calculation of the price for house made of laminated veneer lumber 205x200 with the area of 200 m2: House Kit = 135 000 EUR House building = 30 000 EUR Basement = 25 000 EUR Engineering = 30 000 EUR (heating, water, sewage in the house) Finishing the inside sanitary ware, kitchen = 75 000 EUR Landscaping and small architectural =15 000 EUR elements (gazebos, tents, etc.) _____________________________________________________________________________ 310 000 EUR According to approximate calculations for one house: 5 Houses 310 000 EUR х 5 = 1 550 000 EUR 1 house (100 m2) 170 000 EUR х 1 = 170 000 EUR Shed 35 000 EUR х 1 = 35 000 EUR Yacht-club 20 000 EUR х 1 = 20 000 EUR Pier for boats and yachts 25 000 EUR х 1 = 25 000 EUR _____________________________________________________________________________ Capital investments to the construction of facilities 1 800 000 EUR Earth, communication and documentation of construction 1 300 000 EUR and licensing _____________________________________________________________________________ The total amount of investments 3 100 000 EUR Commissioning and start up of all systems 10 000 EUR 2-year warranty 1% 18 000 EUR _____________________________________________________________________________ Total amount 3 128 000 EUR In case of constructing frame-panel houses the price can be reduced by 10 - 15%, and when using brick - increase by 20 - 30%. But laminated board is proved to be environmentally friendly, high-tech in terms of construction, durable, fashionable and modern material. Safety Finland - one of the countries with the lowest crime rate in Europe. Many owners (certainly not in the cities) do not lock their houses. But, despite this in cottages Alarm systems are generally used, which allows you to monitor the safety of structures by web cameras connected to the police. Also Alarm systems control heating, water leakage, fire, and other settings via the Internet and mobile communications. As a rule, a manager who keeps track of all the buildings and manages them by sending an SMS to the remote control at home is hired. He also organizes at any time cleaning, snow cleaning, any small construction and service work. Documents and Legal Form “Puumala Kotasaari Koy” is set up as a homeowners association: 5 share-holders/founders Russian citizens and a director - (employed) Finnish citizen. Each founder owns equal 20% shares. Registered shares are attached to a particular plot for the construction of a house. The sixth house is currently stated as a guesthouse, and each shareholder will own 20% of the structure, if not take in the sixth shareholder. After the construction of the house, the shareholder draws it to himself and assigns to a particular location, owned by him in accordance with the registered shares. The land outside of the houses (the rest of the Island) is under “Puumala Kotasaari Koy” (including all roads, electricity and other facilities and communications) - in which each shareholder has at the moments 20%. In case of further sale of a single plot of land (the house), the shareholder sells his house together with his shares on joint ownership. This form of association quite common and legal in EU. At the moment, the annual land tax on 21 hectares is minimal – just 150 EUR/annum. No other costs except electricity. After registration of the house of 200 m2 tax will stand at approximately 400 EUR/annum. We tried to give you a general overview this unique location.