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Property for sale information

 
Apartments for sale near Naama bay, Sharm El sheikh  
Reference nr: AE878248
Description:

This is one of the best projects in the area of Naama bay and a unique chance for a good investment.

Location:
Located on a high cliff top behind the Marriott Resort, offering, some of the best views over Na’ama Bay and the Red Sea.
This fantastic compound, is located in a quiet area with gardens, only 5 minutes away from the centre of Na’ama Bay, the Beach, and numerous facilities are available here, including shops, restaurants, café’s, bars, nightclubs there is even a Mc Donald’s, Pizza Hut & KFC.
Distance from the international airport is around 10 minutes by car

The project is a Touristy Entertainment Resort consisting of:
apartments 60 – 90 - 120sqm

All are built on different levels to provide clear views for all.

Description of properties:

60sqm: one Bedroom, Kitchen, Reception, Bathroom, 1 Balcony or terrace depending on floor level.
90sqm:Apartment, 2 Bedrooms, Kitchen, Reception, 1 Bathroom, 1 or 2 Balconies or terrace depending on floor Level

120sqm:Apartment, 2 Bedrooms, Kitchen, Reception, 2 Bathrooms, 2 Balconies or terrace depending on floor Level

Payment terms:
10% deposit to be completed to 50% after contract signing.
50% on receiving the apartment within one month from first 50% paid

Bedrooms: Bathrooms: Price (€):
1 1 75,000
2 1 103,500
2 2 150,000
Features:
Beach
Submission Date:
06-01-2008
Last Update:
09-04-2008
Advertiser Details:


Name:
Amr Elkasrawy

Company:
GLOBAL INVESTMENT PROPERTIES 4U LTD.

Phone:
0020693662535 - +4401928566555
Fax:
0020693662535
Mobile:
0020101118784

 
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Calculators

 
Property price: €75,000
 

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