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Property for sale information

 
PARADISE GARDENS  
Reference nr: RO332832
Description:

PARADISE GARDENS occupies one of the best non-beachfront plot in the Sahl Hasheesh resort, being located adjacent to the only public beach on the resort. Golf fans will love the fact that it backs onto one of the resort's three PGA Championship courses and all buyers are going to benefit from the vast swimming pools inside the resort and the area full of shops, bars, restaurant and family entertainment centres located right next to the plot.

Investors in Paradise Gardens are able to take advantage of a Guaranteed Rental Scheme offering up to 7% per year return for a period of three years, with six weeks personal usage.

Paradise Gardens is also one of the very few developments offering developer backed financing, making it possible to purchase an apartment here for just 30% down, with the remainder payable over a period of up to five years, at attractive interest rates.


COMPLEX FACILITIES:

Developed by one of Egypt's largest and most prestigious luxury hotel chains
Located just 100m away from Sahl Hasheesh's public beach
Adjacent to one of the resort's three 18-hole championship golf courses
Sea view from many apartments
High quality building and European style finishing
Massive swimming pools
Tennis courts
Gymnasium
Five-a-side football pitch
SPA and wellness club
Bar
Restaurants
Shops
24 hour security
Pre-installation for telephone and internet lines
Landscaped gardens
Guaranteed rental scheme offering the following annual returns with eight weeks personal usage (six weeks for hotel studios) and discounts on all Pyramisa Hotel services
Maintenance fees of EUR22 per m2 per year ( EUR 11/m2 for those apartments in the Guaranteed Rental Scheme)

Bedrooms: Bathrooms: Price (€):
0 (studio) 1 78,488
Features:
Beach
Golf
Private Swimming Pool
Spa
Submission Date:
01-12-2009
Last Update:
09-14-2010
Advertiser Details:


Name:
Rachel O'Dea

Company:
Privilege Estates

Phone:
0044 (0) 2074023327
Fax:
0044 (0) 2074023327
Mobile:
0044 (0) 7779297744

 
Property Photo Gallery

 

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Calculators

 
Property price: €78,488
 

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