Put simply, a SIPP (self invested pension plan) is a pension plan you run yourself, for yourself. SIPPs were set up by the Government in 1990 as a way of encouraging us all to save for our retirement.

SIPPs are different from other personal pension accounts because they allow you much greater flexibility in what you invest.
UK residents are able to invest their SIPP in to a variety of asset classes, one of which is commercial property. As Pirinea Hotel Spa and Residence will be run and operated as a hotel we are delighted to offer apartments in Block A and B within the property bracket.

 

The advantages are clear, if you buy an apartment in Pirinea using your SIPP you will receive tax relief on your purchase price and will save between 20% and 40% depending on what your current tax rate is.

With the assistance of Best Group ltd, a leading specialist in SIPP property RilaDev has released a limited supply of apartments in Blocks A and B which can be purchased through this scheme.

Please contact us for further information.

 

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