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Property for sale information

 
Serviced apartments in Blu Mirage, Guaranteed minimum rental return of 12%/1031  
Reference nr: 1031
Description:

Studio 32 m²

ONLY FEW STUDIOs AND 2BR APARTMENTS LEFT IN T3!!!! ALL OTHER TOWERS ARE SOLD OUT!

Guaranteed minimum rental return of 12%!

HURRY IF YOU STILL WANT TO PROFIT FROM THIS INVESTMENT OPPORTUNITY!

A deluxe resort, that is designed to combine elegance, luxury and tranquility. Offering one of UAE’s greatest investment avenues, The Blu Mirage is set to be the ultimate in luxury investment.

Created for the discerning investor who considers only the best Serviced apartments in Blu Mirage:

- Guaranteed minimum rental return of 12% per annum for 3 years

- 60% of the rental net-profit to the investor

- Professional audit statement provided to investors

- Fully furnished to five-star standards

- Share of all rental return

- Receive returns even if your apartment is vacant

- Return is calculated on the initial price of the property

- Saleable at any time

- Direct beach access

Specifcations:

Blu Mirage has a Gross Development Value of almost AED 675,000,000.00 and occupies an area of 35,228.14 sq.m and has an approved GBA of 105,684.42 sq.m.It features BG7 buildings, housing over 1,000 residence apartments, service apartments and hotel rooms, each with a waterfront view and surrounded by extensive soft and hard landscaping.

Backed by 300 meters of exclusive water frontage, The Blu Mirage offers each of it’s residents a stunning view of the Arabian Gulf marred only by the spectacular sunrises and sunsets, that can be viewed in total privacy from each unit.

Explore the exclusive yacht club, stroll down to the private pier, feed the seagulls or watch the boats dock at The Blu Mirage’s own marina.

The Blu Mirage welcomes its young clients with facilities specially designed to keep them entertained. Our kiddy pool and well equipped playground, complete with slides, swings and jungle gym will provide endless hours of safe and varied opportunities to play and explore, ensuring that parents are left free to enjoy their well earned break.

Services:
24 hour reception
Concierge service
Valet parking
Secure underground parking
Exclusive 24-hr. manned security gate at front entrance
High speed wireless internet
Daily housekeeping
Laundry service
Mail
Retail shopping
Business center
Property management system
Professional onsite 24/7 management
Rental pool


Amenities:
Swimming Pool
Clubhouse
Health Club
Steam and Sauna rooms for Men and Ladies
Squash Courts
Karaoke Lounge
Sundeck
Cafes
Nursery
Amphitheatre
Location:

314 meters of water front

Distance apart from buildings is 25 to 30 meters

6 lifts for each tower (2 front; 2 middle; 2 end)

Each tower has an easy access for emergency and other reasons

Looking from the road T1 is the smallest on the left

Sharing boundaries with public park

Continuous gardens from one tower to the end tower

There is underpass going to the beach from our towers

There is elevation on the road curtain wall system for commercial advertising screen

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 94,000
Features:
Submission Date:
10-15-2008
Last Update:
03-23-2009
Advertiser Details:


Name:
Bruno Friedl

Company:
INRES international, investment & real estate

Phone:
0049-8031-941287
Fax:
0049-8031-941588
Mobile:
0049-176-23 35 97 98

 
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Calculators

 
Property price: €94,000
 

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