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Property for sale information

 
Lotus Breeze - Luxury apartments with rooftop pools, 15K GBP  
Reference nr: MK391371
Description:

Key selling points

- Expected rental yields of 11% - 23% per annum
- Approx. 5 mins walk to the beach
- Mortgages available up to 65% loan to value - at completion
- Free Inspection Tours*
- Spectacular views of the Red Sea
- Roof top terrace with swimming pool, bar and restaurants
- 10 minutes from Hurghada International Airport
- Completion August 2009

Project Overview

Lotus Breeze is a gated European style development situated in the Intercontinental area of Hurghada and approx. 100 meters away from the main promenade leading to the beach. The complex will consist of studio’s, one, two and three bedroom apartments complete with their own terraces with views of the communal gardens & swimming pool, sea or mountains.

Studio apartments from 14,500 GBP

One Bedroom apartments from 22,500 GBP

Two Bedroom apartments from 33,500 GBP

Three Bedroom aapartments from 51,500 GBP

NEW FEATURE

An additional swimming pool together with bars and restaurants are also being created on the top floor terrace area. Residents will be able to enjoy the sunset and views of the Red Sea whilst sipping cocktails from the comfort of their home.

As this development is located in one of the most sought after locations in Hurghada, you are guaranteed a superb property that can be used as a holiday home, full time residence or as an investment.

From the creative layout of the apartments to the full complement of the recreation facilities available to the residents, everything at Lotus Breeze has been created with convenience and lifestyle in mind.

Hurghada

Where the desert meets the sea lays the capital of the Red Sea Governorate, Hurghada, also known as Al-Ghardaka in Arabic, a truly unique and fascinating place to visit. Hurghada was founded in the early 20th century, and until a few years ago, remained a small fishing village. But today, With over 20km of spectacular sandy white beaches it has gone on to become the foremost tourist resort of the Red Sea coast and an international centre for aquatic sports.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 21,000
1 1 32,500
2 1 47,500
Features:
Beach
City
Private Swimming Pool
Submission Date:
11-13-2007
Last Update:
06-03-2008
Advertiser Details:


Name:
Mo Khan

Company:
NoMoreHotels Ltd

Phone:
0044(0) 870 850 8514
Fax:
0044(0) 208 675 8044
Mobile:
0044(0) 7931 181 768

 
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Calculators

 
Property price: €21,000
 

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