Blending Maldivian, Polynesian and contemporary Malaysian architecture, the properties are light, airy and spacious, and GEM Estates has access to 30 newly released Canary Palm Villas with some special touches. The fully furnished two bedroom villas are finished with natural dark wood flooring, traditional steeply pitched roofs and exposed ceiling beams. With en-suite bathrooms, open-plan kitchen and living areas and two waterside decks accessed via sliding glazed doors from both bedrooms and living area, these Canary Palm Villas bring the beauty of the turquoise waters quite literally to your doorstep.
A central Clubhouse serves the Golden Palm Tree community with a range of facilities including a swimming pool, gymnasiums and Spa, business centre, library and café with sweeping viewing deck. Sepang Gold Coast, the macro-project in which it sits, offers a tantalizing array of shops, restaurants, cafés, boutique hotel resorts, a marina, as well as plenty for the children and their willing chaperones including a theme park, aquarium, open zoo and even a children’s’
The developer, in conjunction with Swiss-Belhotel, is guaranteeing a generous 8% rental income for 15 years and with good reason. The powerhouse of Kuala Lumpur with a 7.2 million-strong population is within a 75 minute drive and many residents will happily swap briefcase for suitcase to enjoy breaks within the Golden Palm Tree resort. Likewise, the award-winning Kuala Lumpur International Airport is a hassle-free half hour drive, ideal for delivering international traffic, whilst the nearby F1 circuit at Sepang will guarantee that the area is packed to the rafters on race weekend. Add an expanding middle class underpinned by strong economic growth, 30 degree sunshine all year and a Malaysian government forecast of 24.6 million tourist arrivals by 2010 rising from 17 million in 2006 and the 8% guarantee seems far from optimistic.
Owners with Golden Palm Tree have 21 days free holiday entitlement per annum and a quick tap of the calculator confirms that at least 120% of the purchase price is guaranteed to be returned in 15 years, not to mention 15 – 20% capital appreciation each year and a nice zero capital gains tax.
Canary Palm Villas start from 930,567 RM (approx £149,397 GBP or 184,704 euros).
Contact GEM Estates on info@gem-estates.com, visit www.gem-estates.com or call UK Freephone 0800 036 0068, Irish Freephone 1800 211 462 or call the Spanish office on 00 34 952 799 286.
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