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Property for sale information

 
Marlin Inn Beach Resort, 6% Rental Guarantee  
Reference nr: BI873504
Description:

Hassle Free Investment Opportunity
Luxury Beachfront Hotel with 85% + occupancy year round
Central Hurghada - thriving tourist town
Guaranteed Rental of 6% (net) for 5 years (option to renew)
Long established proof of rental income
Complete, constructed, modern- no waiting for completion!
Prices in sterling- great advantages for euro buyers!

All this at only £37,870

(€40,888 approx)

Ideal Investment Opportunity

Economists are forecasting the ECB rate to fall below 2% in 2009. While this is very beneficial to borrowers, it is not so good for savers as rates on their deposits are also decreasing. Many are now looking at new ways to invest in order to achieve a better return on their savings. We are likely to to see a return to the type of scenario we experienced previously for a number of years, namely maintaining funds on deposit is something people should consider for purposes of convenience rather that as a high yielding investment option.

The Marlin Inn is an ideal alternative for savers looking for a good investment opportunity for the following reasons:

* Competitively low prices with hotel rooms starting at €40,888 approx - prices are in sterling so advantages are available to euro buyers

* Hassle Free Investment opportunity - the hotel is fully built and is operational at the moment. Hurghada is a thriving tourist destination and hotels there enjoy occupancy levels of 85% upwards all year around.

* Buyers will receive a 6% guaranteed rental income per year for 5 years, with the option to renew after 5 years. This is a net figure with all maintenance fees, insurance etc. already paid.

* The purchase can be paid over 12 months with an easily managed payment plan -
40% - Initial deposit
20% - after 4 months
20% - after 8 months
20% - after 12 months

* Rooms come fully furnished and are fully managed and marketed by the management on buyers behalf so it is a hands off investment requiring minimal involvement from the owner.

* Buyers have the benefit of a complimentary stay in the hotel for 4 weeks every year

* Investors benefit from a risk free investment and immediate annual income as there is no waiting for the hotel to be built - it is operating now.

* Buyers can benefit from growing capital appreciation over the 5 years while also receiving an annual guaranteed income. Hurgahda is a growing tourist town in Egypt and has not yet reached its peak

The Marlin Inn Beach Resort - 4* DeLuxe Beachfront hotel in the heart of Hurghada

The Marlin Inn Beach Resort is perfectly located on the shores of the Red Sea, situation close to the heart of bustling Hurghada, but also situated in a peaceful paradise on the shores of the calm turquoise waters of the Red Sea.

The newly refurbished facilities at the Marlin Inn have been carefully planned to provide guests and owners with all of the facilities and services to enjoy on their holiday. The hotels beautiful private beach is an excellent place to relax on the shores of the beautiful Red Sea, along with the sea view restaurant where guests can enjoy lunch while admiring the luxury yachts as they pass by.. As a well establ

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 40,888
Features:
Beach
City
Furnished
Golf
Private Swimming Pool
Submission Date:
02-06-2009
Last Update:
02-26-2009
Advertiser Details:


Name:
Belmore International

Company:
Belmore International

Phone:
00353 1 297 3394
Fax:
01 293 9060
Mobile:

 
Property Photo Gallery

 

Lobby area of the Marlin Inn Beach Resort

Beautiful Beaches Hurghada

Marlin Inn Beach Resort view from the Promenade

Private Beach at the Marlin Inn

Marlin Inn Beach Resort
 
Calculators

 
Property price: €40,888
 

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