Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
ROYAL BEACH RESORT  
Reference nr: RO311951
Description:

Looking for some affordable property that's right on the beach so you can simply walk straight out of your apartment each day and on to Hurghada's beautiful golden sands?

If so, Royal Beach is the right choice for you as it is currently the most affordable development which is built right on the beachfront, so you need walk just a few metres from your apartment into the azure blue waters of the Red Sea.

Royal Beach is a private, gated resort that will offer owners luxury resort facilities and amenities to rival any 5-star resort. Designed by one of the world's most creative architects, Royal Beach has been carefully planned to reflect traditional Egyptian features as well as a modern resort with features only found in luxury locations such as Dubai.

Investors will appreciate the fact that Royal Beach offers a Guaranteed Rental Scheme, with returns of 31.5% over the first five years.

Facilities:

Located right on the beachfront, just 30m away from the shoreline of the Red Sea
Large heated swimming pools
Public jacuzzis and plunge pools
Barbecue areas
Centralized satellite television
High speed internet to all apartments
Elevators to all floors
Private tropical gardens with waterfalls and other beautiful features
A glass 1500m2 shopping mall with exclusive shops plus supermarket
Six bars and restaurants conveniently located throughout the resort
24 hour laundry and roomcleaning service
24 hour security
Cinemas in the basement
Kid's Corner
Medical centre with on-site doctor
State-of-the art SPA and fitness centre overlooking the sea
Public reception area in the style of a luxury hotel including full concierge service
International French hotel management company
Possibility to buy over 7 years with a developer backed mortgage (60% LTV, 7.9% interest rate)
Guaranteed rental scheme offering the following rental returns each year:
Year 1: 5%

Year 2: 5.5%

Year 3: 6%

Year 4: 7%

Year 5: 8%
So whether you are looking for the perfect holiday home as close to the sea as it is possible to get, or whether you are looking for an excellent investment which offers both good rental income and excellent capital returns, Royal Beach is the right development for you.

Completion date: December 2011

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 46,700
Features:
Beach
City
Golf
Private Swimming Pool
Spa
Submission Date:
09-14-2010
Advertiser Details:


Name:
Rachel O'Dea

Company:
Privilege Estates

Phone:
0044 (0) 2074023327
Fax:
0044 (0) 2074023327
Mobile:
0044 (0) 7779297744

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €46,700
 

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