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Property for sale information

 
Egyptian Experience Complex Luxor  
Reference nr: DH510322
Description:

The Egyptian Experience complex ( homes overseas Off-Plan Top 20 Winner 2008) is the first residential tourist resort to be built in Luxor, the world’s greatest outdoor museum.It is therefore a very exciting project for all concerned and a great investment opportunity.

This development is located on the East bank of Luxor and overlooks the West bank and the mountains where the Valley of the Kings and Queens can be found. It is also just 20 minutes from Luxor international airport and 10 minutes from Luxor Temple and the centre of Luxor.
The land is actually on the bank of the River Nile so you can enjoy a magnificent view all the time and at night you can stroll down and watch the beautiful sunsets from the water’s edge.

The development will consist of approx. 300 (Freehold) apartments built in 3 phases.

Studios (45m2),2 bedroom 2 bathroom (80m2) apartments,3 bedroom 2 bathroom (113m2) apartments and some superb 3 bedroom (160m2) & 4 bedroom (226m2) duplex apartments.

All Prices will be in sterling (UK pounds) and will start from just £31,250. The prices quoted in Euros are based on an exchange rate of 1.16.

The development will also feature the following:-

Restaurant
Well designed and very spacious landscaped gardens to stroll in
Domes to sit and relax in the shade
Swimming pools with toddler pools
Pool bar
Administration office with full services
A shop
Tour service with English speaking guides
Palm trees along the Nile front
A special restaurant with Nile views
Full housekeeping service
24 hour security
There will be sun umbrellas and sunbeds around the swimming pools
Coffee shop

Payment Plans:
£1000 deposit to reserve your apartment, 25 % a month later and the remainder phased to completion.

Expected completion dates:
Phase 1 May-Dec 2009 Phase 2 May 2010 Phase 3 (final phase) early 2011.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 36,456
2 2 61,830
3 2 88,079
3 2 129,785
4 3 198,324
Features:
Submission Date:
07-29-2009
Last Update:
08-13-2009
Advertiser Details:


Name:
David Hawkins

Company:
DAH International Property Sales

Phone:
07835 517312
Fax:

Mobile:
07835 571312

 
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Calculators

 
Property price: €36,456
 

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