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Property for sale information

 
Sharm El Sheikh, Egypt / Hotel Rooms in 5* Hotel For Sale / 7% rental guarantee for life  
Reference nr: LO449393
Description:

Hotel Rooms, Chalets, Duplexes and Villas For Sale In 5* All-Inclusive Hotel in Sharm El Sheikh, Egypt

• Size from 47 sqm
• Prices start at £45,590
• 7% Rental guarantee for life
• 5 year Developer Mortgage available
• Guaranteed buy-back
• Up to 8 weeks free personal use
• Fully managed and maintained by the hotel group
• Egyptian Stock Market listed company
• 99 Year Leasehold
• 1km private beach
• Sharm International Airport 4km
• Naama Bay 7km away
• 12 month season with 30° summers and 20° winters
• Beautiful warm and dry weather - 365 a year
• A unique mix of wealthy culture, beautiful beaches and golden deserts
• 3-5 hours direct flight from Europe all year round
• Steadily growing tourist destination expected to double over the next 10 years
• Investors getting on the real estate ladder now, will gain huge profits in an emerging market with an increasing demand over supply
• Cost of living in Egypt is around 20% of that in the UK
• Charges for title deeds and registration as low as 3%
• Hotel Group are an Egyptian stock market listed company
• Low cost investment with high returns


Price for Hotel Room 47sqm: £45,590 with Garden View (approx Euro 57,576)
Price for Hotel Room 47sqm: £63,450 with Sea & Pool View (approx Euro 80,132)




What are the payment options?
• 10% Reservation fee.
• 40% Stage payment within one month of signing the PPC.
From here you get the guaranteed rental on the 50% you have paid.
You then have 3 options:

Option 1: Immediate payment with a 10% discount on the remaining 50%
Option 2: Payment over 1 year in equal quarterly installments with 0% interest. Full rental guarantee paid from day of full payment.
Option 3: Payment over 5 years with equal quarterly installments + 3% fixed annual interest. The rest of the annual interest is covered by the guaranteed annual rent.


FOR ANY FURTHER INFORMATION, PLEASE CONTACT OUR OVERSEAS TEAM ON 01-6771188.

Bedrooms: Bathrooms: Price (€):
1 1 57,576
Features:
Beach
City
Furnished
Private Swimming Pool
Submission Date:
07-04-2008
Advertiser Details:


Name:
Locations - Overseas Department

Company:
Locations

Phone:
+353 (0) 1 6771188
Fax:
+353 (0) 1 677 11 98
Mobile:

 
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Calculators

 
Property price: €57,576
 

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