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Property for sale information

 
Beach front Apartments for sale , Sharm El sheikh  
Reference nr: AE716371
Description:

Prices from just 45 590 GBP

350 units -- studios, chalets, duplexes and villas from 47 sqm.

7% Guaranteed annual Return/Yield with guaranteed capital appreciation indexed-linked to % annual increases in room rates/revenues.

50% developer 5yr mortgage - at 8.5% over 60 months. NOT subject to status.

99 years leasehold units with optional leaseback contract - this contract is optional and not obligatory and client has Opt-Out option.

Construction is finished and the hotel is fully operational.

Full due diligence available.

all-inclusive hotel resort with stunning facilities - 120.000m2 grounds, private sandy beach , indoor and outdoor pools, tennis, squash, diving and aqua sports centre, 2 bars, 5 restaurants, health club & gym, hairdresser, kids club.

4 weeks personal use for studios & 8 weeks for 1 and 2 bed units (excluding August, Christmas, New Year & Easter). Of which 2 weeks can be taken at any other of the chain's hotels .

12 month season 30 C in summer and 20 C in winter.

4 km from Sharm International Airport , and 7 km from Naema Bay.

Only 5 hrs from UK - IV trips available.

The area offers: active beach life, diving and golf, camel rides and desert safaris, buzzing nightlife, exotic markets and much more.

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 58,825
1 1 103,870
1 1 116,130
2 3 185,480
3 3 265,670
Features:
Beach
Furnished
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: €58,825
 

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