Select Resorts believe that a balanced investment strategy should include a property element. Property, despite the occasional dip, has consistently delivered strong returns on investment when compared to other investment products.
Both land and property offer the opportunity of excellent capital growth. A SIPP property also offers the additional benefit of providing a rental income to boost your pension fund.
Investing in land or property is one of the best advantages of having a SIPP. When purchasing a property using a SIPP it cannot be used as a residential property, it must be for commercial purposes.
You can use a SIPP to purchase a variety of commercial property types:
- UK Based and overseas Commercial Property
- Hotel Room Investments
- Overseas Land
**Neither Select Resorts nor Savills are able to advise as to the suitability of a SIPP as this is dependent upon personal circumstances and it is essential that guidance is given by an IFA. We are able to supply names of IFA's, who are familiar with the property we offer and have assisted clients who have bought through us.
What is a SIPP?
- Self Invested Personal Pension (SIPP)
- Personal pension for which the person investing for retirement has a greater
control and choice where their fund is invested. - Fund managers may invest in potentially volatile stocks and shares, allowing you limited or no control on how your money is invested or its performance.
- SIPPs give the 'control' back to the individual
- Wide variety of investment choices, one of which is Commercial Property, such as hotel & holiday accommodation
- Same tax relief benefits available - between 20% & 40% depending on the prevailing tax rates and your personal tax band
- The SIPP can borrow up to 50% of its net assets - for further investment
- SIPPS are fully regulated by the Financial Services Authority (FSA)
- No personal use is allowed under SIPPS
