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Property for sale information

 
PYRAMISA APARTMENTS:FRONT LINE BEACH LUXURY  
Reference nr: RO505499
Description:

If you're interested in buying into the luxurious Sahl Hasheesh resort, then Pyramisa could be the right development for you, because it has it all.

PYRAMISA is not simply an apartment building, it is a five-star hotel that is operated by one of Egypt's leading and most prestigious hotel groups- Pyramisa.

Following the resort's official opening in February 2008, the Pyramisa Resort has recieved some rave reviews and has seen extremely high occupancy rates. By buying a suite at the Pyramisa, you get to share in the resort's success.

Naturally the Pyramisa is a frontline beach property- now the most affordable frontline beach propert left in Sahl Hasheesh by quite a wide margin.

Whether you are looking to invest in Sahl Hasheesh primarly as a holiday home by yourself, or for investment purposes- or both toghether- Pyramisa is an option defenitely worth considering. The resort offers a Guaranteed Rental Scheme offering an annual return of 7%, a guaranteed buyback scheme and four weeks personal usage per year, which can not only be redeemed in the Pyramisa at Sahl Hasheesh, but in any other hotels which are located throughout Egypt and also Dubai.

The fact that the hotel is already complete also provides complete peace of mind for anyone who is nervous about buying into offplan developments.

Facilities:
Firstline beachfront property
Stunning sea views from all units
Adjacent to a world-class 18-hole golf course
Two enormous swimming pools ( heated and unheated) with dedicated children's pools and pool-side bars
A variety of restaurants, cafes and bars including Asian, Italian and Seafood
Onsite health SPA offering a wide variety of treatments plus a sauna and steam rooms
Fully equipped modern gymnasium includes bikes, rowing machines and weight lifting equipment
Beautiful landscaped gardens throughout
Supervised Kid's Club
Tennis court
Onsite diving centre allowing divers to explore the Sunken City just 100 m from the resort
24 hour security
Full management service available
Parking
7% Guaranteed Rental return on all units with four to eight weeks personal useage per year ( four weeks for studio, eight weeks for one and two bedroom units)
Swap your weeks for stays in any other Pyramisa hotel across Egypt or Dubai
20% discount on all restaurants
Annual maintenance fees: GBP8/m2 if part of the Guaranteed Rental scheme; GBP16/m2 if not
Construction of the Pyramisa was completed in 2007, maening that all units are ready to move into instantly

Bedrooms: Bathrooms: Price (€):
1 1 67,200
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

 
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Calculators

 
Property price: €67,200
 

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