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Property for sale information

 
SUNSET PEARL BEACH & GOLF APARTMENTS  
Reference nr: RO185565
Description:

SUNSET PEARL, CLEOPATRA GARDENS & RIVIERA GARDENS are the name for three phases of the same development which occupies one of the most prime locations in the luxurious resort community of Sahl Hasheesh.

Nestled on a hilltop with outstanding view of the Red Sea, these magnificent golf and beach apartments are set amidst glistening dunes, palm trees, golf courses and crystal clear waters. These three developments contain a variety of studios, one two and three-bedroom apartments ensuring that, whatever your requirements, there's just the right type of apartment for your own personal needs.

Golf lovers will delight in the fact that the development backs on to one of Sahl Hasheesh's two 18-hole golf courses. Beach lovers will enjoy the fact that all owners of apartments in the complex have free access to the beach of the Pyramisa Hotel, just a short walk down the hill.

Sunset Pearl is now already complete, so it is the perfect for anyone who simply can't wait to start enjoying the idyllic delights of Sahl Hasheesh today. Those on a tight budget will find that it is finally possible to start enjoying the Sahl HAsheesh lifestyle right now through a combination of affordable prices and several attractive payment options, including the possibility of obtaining a developer backed mortgage over five years for 50% of the purchase price.

Sunset Pearl is also an excellent project for investors, coming with a Guaranteed Rental Scheme offering a yield of 18% over the first three years.

All owners at Sunset Pearl have access to the private beach plus facilities at the luxurious Pyramisa hotel

Facilities:

Stunning sea views from the majority of apartments
Just 500 m from the Pyramisa Hotel where owners of Sunset Pearl have use of the private beach and paid use of all other facilities including fully equipped gymnasium, SPA and many restaurants
Adjacent to one of Sahl Hasheesh's two golf courses
Three huge swimming pools, one of which is heated
Luxurious tropical gardens
Communal rooftop terraces
On site club house featuring fully equipped gymnasium with SPA and sauna
On site internet cafe
On site games room
Free parking places
Free shuttle bus to the Pyramisa Hotel
24 hour security
Management service available
On site laundry
Free stays in other Pyramisa Hotels including Cairo, Luxor, Aswan, Sharm el-Sheikh and soon in Dubai
Ten year's membership in the Pyramisa Owner's Club
Fractional ownership in the Pyramisa Owner's Club
Fractional ownership possibilities (one-quarter shares)
Guaranteed Rental Scheme offering: 5% in year one, 6% in year two and 7% in year three
Annual maintenance fee: GBP 16/m2
Construction on Sunset Pearl is now fully complete

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 69,500
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

 
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Calculators

 
Property price: €69,500
 

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