Apartment 80 m²

Other apartments on request!

AL HAMRA PALACE 7 STARS HOTEL - APARTMENTS STARTING AT A PRICE OF 380.000.- / YIELD EXPECTATIONS STARTING AT 12% p.a.

Description:

The expected commissioning date of the Al Hamra Palace Hotel is the end of 2008. It will be a 7 stars hotel with deluxe beach near Ras Al Khaimah. After it is finished, it will be the gem of Al Hamra Village portfolio. Is will have a wonderful golf course view (golf course for 18 holes). Besides it will have a 1,5km long private beach.

Furnishing

This is a hotel with 300 rooms, about 72sqm each, and with further 166 apartments. Hotel Palace will offer several Royal and diplomatic rooms, the most modern Deluxe Spa, 7 restaurants with various themes, coffee shops, several boutiques, seminar and meeting rooms for over 400 participants, plus a cigar bar and a piano lounge, as well as many other facilities a 7 star hotel can offer.

Location

Ras Al Khaimah is about 40 minutes from Dubai by car. The landscape with its mountains in the background and the Arabian Sea in front the house is absolutely fabulous. Beautiful beach and green background are combined on an endless sea shore. You will find here the newest golf cources, Top 5-6 star hotels and first-class malls. Participate from the very beginning!

Ras Al Khaimah stands in front of a great break through, which Dubai has already made. RAK offers you a gereat opportunity to make the right investment at the right moment. Al Hamra Village is a district with very high quality housing. A lot of leisure activities as well as pure entertainment. The area is surrounded by the fantastic gleaming ocean. A beautiful lagoon with a luxury marina for more than 200 boats, green lawns of the golf cource for 18 holes, luxury hotels and restaurants and the Al Hamra Mall are going to enrich the whole district. The new owner will be fascinated by the breathtaking sea view.

The Hotel Palace is a freehold property far away from the hustle and bustle of Dubai and borders on the magnificent and ancient Oman. A well preserved secret place in the Emirates.

Further details

The apartments you can buy with our help can be rented via hotelmanagement. The expected yield lies between 15% and 20% p.a. as at the moment the hotels in RAK are booked up to 80% and during high saison up to 100%. This is an opportunity for an ideal inverstment in the future. Please send us your application form (contact form) and we will contact you directly.