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Property for sale information

 
A FAVOURITE FOR THE 2016 OLYMPICS  
Reference nr: Champions
Description:

An impressive and intimate private residence, built to luxury quality and elegant design specifications exacted from British standards. In the heart of Sports City's dynamic central ring and waterway of commercial and residential neighbourhoods, Champions Tower III is attractively designed with huge aesthetic appeal, and in addition is very attractively priced.

A friendly and secure premises, with luxury finishing inherent throughout, the development offers roof top health club and terrace, marble floored lobby area, high speed elevators, parking facilities, in house maintenance team and 24 hour security. The development combines an upscale lifestyle with clear investment advantages, offering guaranteed rental yields, which are excellent at 8% of the purchase price for the first 3 years of ownership, and up to 70%-80% loan to value developer financing over 5 years.

The development enjoys a superior location with easy access to all sporting recreation and commercial amenities, international sporting attractions and stadiums, an Ernie Els designed world class golf course, the world's leading sports academies and state of the art sports centres and shopping centres. In addition, the residence is within 500 metres to the Emirates Road, linking The Old City to the New City, via the fabulous DubaiLand project. Welcome to the world's largest sports and cultural destination that will capture the imagination of sports lovers around the globe, with strong potential to win the bid to host the 2014 Asian Games and 2016 Olympics.




CHAMPIONS TOWER III
United Arab Emirates, Dubai, Sports City

Studio 48m² to 56m² €90,000 to €104,000
One Bedroom 61m² to 107m² €111,000 to €184,000
Two Bedrooms 117m² to 118m² €197,000 to €199,000

Classic - Buy to Let
GUARANTEED RENTAL INCOME UP TO: 8.00%

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 90,000
Features:
City
Submission Date:
03-19-2007
Last Update:
03-21-2008
Advertiser Details:


Name:
IMOINVEST International

Company:
IMOINVEST International

Phone:
+353 (0)1 443 4411
Fax:
+353 (0)1 616 98 34
Mobile:

 
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Calculators

 
Property price: €90,000
 

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