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Property for sale information

 
Zina Heights  
Reference nr: AE590325
Description:

Zina Heights is Hurghada's newest deluxe resort, and will serve as a landmark for the area due to the uniqueness of its design and its location. Set in beautifully landscaped gardens, less than 10 mins from Hurghada International Airport and a few minutes’ walk to the turquoise waters of the Red Sea, Zina Heights is a premium resort of high spec properties.
With its elegant lines curving around tropical gardens and an impressive fresh-water pool, the design of Zina Heights reflects the high standard followed through in every detail of this exclusive resort.
Consisting of 335 properties spread across 4 floors, this innovative design ensures that every property has views of either the sea, pool or beautiful botanic gardens.

Zina Heights will be built with the closest attention to detail, from the design of the individual properties to their stylish surroundings.
The luxurious mastersuites are located within a Deluxe Hotel resort and these residential apartments have the benefit of a range of generous and exclusive hotel services and guest amenities located on the ground floor, to include a range of fine dining restaurants, spa, boutiques, bars and concierge services. There will also be a dedicated hotel management team present in Zina Heights to ensure that the highests standards are maintained. Located outside will be a large lagoon style swimming pool surrounded by pool bars and cafes and extensive botanic gardens giving Zina Heights a tranquil and exclusive ambience.

In line with the concept of luxury hotel living, all the properties have spacious opn-plan designs with private terraces, in the style of impressive mastersuites. With a choice of designs, from open plan properties with private terraces, to larger suites with wrap around balconies offering seaviews, there is something for everyone in Zina Heights

Zina Heights, Hurghada - Why Invest?
* Freehold ownership
* Exceptional property prices starting at €39,900
* Rental Guarantees of 6%, 7% and 8% gross per year for 3 years (renewable)
* Located in one of the last prime locations in Hurghada - all other new developments are at least 7-30km outside of the key areas of Hurghada
* Extensive range of exclusive on-site services, fine dining restaurants, boutiques, spa, shops, cafes and more - far more services and facilities than an average apartment block would have, making this resort very unique.
* All apartments have sea, garden or pool views
* Luxurious residential apartments with 5 star hotel services - hotels are key investment opportunities as hotels in Hurghada are currently 85%-90% occupied all year round
* Easily manageable payment plan spread over two years
* Already established tourist destination - holidays from Ireland, UK, and the rest of Europe by leading tour operators
* All year round sunshine making it an excellent winter as well as summer destination
* 18 Hole Golf Courses nearby
* Capital Appreciation of 20-25% per annum

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 39,000
0 (studio) 1 48,900
1 1 52,900
0 (studio) 1 43,900
Features:
Beach
City
Private Swimming Pool
Spa
Submission Date:
10-17-2008
Advertiser Details:


Name:
Andrew Emons

Company:
West Side Village

Phone:
0080 000 111 555 (Free Phone UK & Ireland)
Fax:
01375 378818
Mobile:

 
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Calculators

 
Property price: €39,000
 

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