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Property for sale information

 
Hurghada Dreams  
Price: from € 30,820
Mortgage & ROI calculators »
Type: Apartment
Country: Egypt
Hurghada


Reference nr: RP747125
Description:

Hurghada Dreams is a brand new gated development of hotel-style apartments with 1 & 2 bedrooms, commercial units and extensive facilities. The project is located centrally in Hurghada in a strategic location between downtown and newtown.

Across the road from Hurghada Dreams is the best open public beach in the area meaning you do not have to walk to find a beach and also you get fantastic sea views from most apartments on Hurghada Dreams. This project presents a unique opportunity to invest in Egypt’s rapidly emerging property market. No other project this close to the centre can offer sea views & beach access with extensive facilities on a large project at these prices. Purchasers are sure to see strong capital growth and an excellent rental income throughout the year.

KEY FEATURES
Sea View from many apartments
Large public beach right across the road
High quality building and European style finishing
Commercial units including Abu Ashra Market
Panoramic sea view coffee shop/restaurant
Rental & maintenance service

FACILITIES
Swimming Pools
Roof top cafe
Health Club
Super Market
Phamacy
Coffee Shop
Excursions
24hrs Security

Bedrooms: Bathrooms: Price (€):
1 1 30,820
2 1 52,260
Features:
Beach
Submission Date:
01-24-2008
Last Update:
06-03-2008
Advertiser Details:


Name:
Richard Parker

Company:
International Dreams Ltd

Phone:
0044 203239 9430
Fax:

Mobile:

 
Property Photo Gallery

 

property photo
 
Calculators

 
Property price: €30,820
 

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