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Property for sale information

 
Kamareia Resort  
Reference nr: RP528947
Description:

Kamareia Resort is a luxurious, new, low-density development that is being built in one of Hurghada's most upmarket locations - nestling between the villas of Mubarek 6, which are very popular with Europeans, and the exclusive villa district of Magawish.

As opposed the majority of developments in Hurghada which contain five floors, the buildings at Kamareia contain just three. Containing perhaps the lowest density of buildings of any development in Hurghada, the large gardens at this resort give a feeling of openness and tranquility, despite the fact that it is located right in the heart of the town.

Constructed in the classic Nubian style, similar to many of the buildings in the luxurious El Gouna resort, Kamareia features a combination of differing sizes of apartments and villas together with a hotel. Facilities including three large swimming pools, tennis courts and a health club give a variety of entertainment options inside the resort, with all of Hurghada's many attractions just a short taxi ride away.

Facilities & Benefits
Just 800m from the beach
Three large swimming pools
Low density development containing a low ratio of buildings compared to the large area of landscaped gardens
Free shuttle bus service linking Kamareia Resort with the local public beach and also to Hurghada International Airport
Sports facilities including tennis court and five-a-side soccer pitch
Children's playground
Residents can use all ofthe facilities of the attached hotel including its bars, restaurants and coffee shops
On site shops including a supermarket and pharmacy
On site internet cafe
On site medical clinic
Health club
Private parking spaces
Centralized satellite television
High speed Internet to all apartments plus wifi
Public reception area
24 hour security
Full management service available
Maintenance fee of USD7.50/m2 per annum (revised every two years)

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 25,000
1 1 30,000
Features:
Submission Date:
11-04-2009
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
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Calculators

 
Property price: €25,000
 

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