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Property for sale information

 
Ancient Sands Golf Resort / 1br Apartment/2015  
Reference nr: 2015
Description:

Apartment 103 m²
Year of construction: 2011

Available are studio, 1br, 2br apartments and 2br Townhouses

Please get in touch with our sales team for current availability list and investment memorandum!

Exclusive Pre-launch Opportunity
- Prices 10% below launch prices
- Anticipated price increases of at least 30% during construction
- Reserve early to select the best units
- US$ 5,000 non-refundable deposit to secure your unit of choice
- Only 20% payable at exchange, 20% after six months, 60% on completion
- Mortgage finance available at completion
- One year complimentary Quintessentially membership
- Limited time availability for pre-launch opportunity - only 73 units
- Chance to join the advance villa selection list

Why Invest?

In Summary
1. Steady capital growth of at least 15% per annum expected for Ancient Sands Golf Resort
2. Strong demand - both domestic and International
3. Mortgage finance is available at completion
4. Estimated 14% gross rental yield, based on 75% occupancy
5. Robust tourist market - with over 11 million visitors in 2007 and over 1.3 million bed nights in El
Gouna in 2006; achieved occupancy of 83% in 2007
6. Stable and growing economy - driven by governmental reforms
7. No capital gains tax
8. Established resale market - approximately 4% of homes are resold in El Gouna each year (a figure close to European levels of housing turnover)
9. Low income tax
10. Low registration fees
11. No inheritance tax Introduction & Overview

Introduction & Overview

Ancient Sands Golf Resort is a luxury, international quality, off-plan residential golf development in El Gouna, the Red Sea’s premier leisure destination. Early investors have access to a one-time pre-launch opportunity, to secure their pick of the Hilltop Village first phase units. Prices during the pre-launch of this exceptional development, are 10% lower than at launch, with additional price increases scheduled before Hilltop Village completion.

Ancient Sands Golf Resort can be discovered in the world famous resort town of El Gouna. El Gouna is owned and developed by Orascom Hotels and Development, part of Egypt’s largest corporate group, controlled by the billionaire Sawiris family. The development is 22 km north of Hurghada
International airport on Egypt’s incredible Red Sea Riviera. On a site of 2.1 million square meters, Ancient Sands Golf Resort is centred around an 18-hole Karl Litten designed championship golf course and golf club estate house.
Luxury three, four and five bedroom villas surround the golf course and beautiful blue lagoons, that flow to the sea. The heart of the development, the Hilltop Village, is home to studio, one, two and three bedroom apartments and two bedroom townhouses. Twin villas nestle into the hill below.
These spacious homes have ample terraces that enjoy views to the stunning red tinted mountains, the lagoons, the crystal clear waters of the Red Sea, or the lush fairways of the golf course. Ancient Sands Golf Resort at El Gouna. LIFE AS IT SHOULD BE.

Deal Summary
Pre-Launch Real Estate Offering
Apartments: S - tudio, one & two bedrooms
- Townhouses: T

Bedrooms: Bathrooms: Price (€):
2 1 135,500
Features:
Beach
Golf
Spa
Submission Date:
01-22-2009
Last Update:
03-20-2009
Advertiser Details:


Name:
Bruno Friedl

Company:
INRES international, investment & real estate

Phone:
0049-8031-941287
Fax:
0049-8031-941588
Mobile:
0049-176-23 35 97 98

 
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Calculators

 
Property price: €135,500
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations