London calling

In terms of a hassle-free luxury investment opportunity it may not get much better than this. Deep in the heart of London’s glittering commercial centre, the magnificent Icon Tower will rear up over the once derelict docklands of Canary Wharf.

Just 10 minutes from City airport, 15 minutes from the City, 20 minutes from theatre-land and right on the doorstep of a bustling business epicenter, on the banks of the River Thames, this is a key destination address.

Canary Wharf has, since its dazzling make-over become one of London’s most sought-after areas.

Over the years buildings of distinction and prominence have sprung up, blending effortlessly with the area’s old merchant heritage, all serviced by excellent transport links and iconic views of the Thames.

Impressive as it is, development of Canary Wharf is still growing and potential exists for the commercial centre to double in size over the next 10 to 15 years.

It is prime hunting ground for both the hungry property-buyer and the high-end renter – which makes the Icon Tower a particularly attractive investment opportunity.

Due to be completed in 2009 the 21-storey-high Icon Tower is set to become another landmark in the capital’s skyline.

Located in the Millennium Quarter, a new residential and commercial regeneration area, the property offers capital growth potential.

There are a range of off-plan two-bedroom apartments for sale from 635sq. ft. to 1660 sq. ft.

Dazzling luxury, contemporary design and space – a rare commodity in prime market London – make the apartments ideal pied-a-terres.

Bespoke furniture and state-of-the-art fixtures and technology are available. Luxurious bathrooms, custom-fitted kitchens and stylishly appointed reception rooms make up elegant spaces. 

For the leisure conscious there will be a health spa and fitness centre; for workaholics there will be a full suite for business services and spaces for offsite meetings, and, for the more discerning of residents there will be a butler service to satisfy your every whim.

Star International Real Estate is exclusively selling the properties on behalf of a top London  developer.

For those who are interested in investing in property in the UK this appears to be a win-win deal. 

You can buy apartments to live in, or buy-to-let. If you choose the latter then all the hard work of furnishing the property, finding a tenant and managing it it is taken care of for you.

You will receive a guaranteed rental income of 7.5 per cent p.a. of the purchase price for the first two years of ownership, paid monthly into your account to cover your mortgage outgoings, or as an income if you buy your property outright.

A reduced letting and management fee of 10 per cent of the guaranteed rental income per annum is charged.

A two-bedroom apartment will attract between £1,160 to £4,275 per month in rent.

And, if you’re a foreign investor buying in the UK you escape capital gains tax.

Similarly if you’re a Briton who has been resident outside the UK for more than five years, you are also exempt from capital gains tax, providing you sell your property while remaining non-resident.

Star International Real Estate deal with the whole sales process, advising on mortgage providers and solicitors to make your purchase a smooth and easy process.

You do not even have to leave Bahrain unless you wish to. It’s a tempting opportunity?