Down payment: EGP 9,000,000
Hotel unit for sale on Maadi Corniche delivery naw
The Ultimate Residential Investment Opportunity on Maadi CornichePrime Nile View - Unmatched and Exclusive Offer
Located just past Al Salam International Hospital on the Nile Corniche, immediate delivery in 6 months.
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Project Highlights:
Studio with Nile View for Sale
Studio Details:
Area: 60 sqm with a Nile view.
Total Price: 11 million EGP.
Down Payment: 35% (3,850,000 EGP).
Installments: Over 4 years.
Annual Rental Income Post-Delivery (at 22%): 2,420,000 EGP.
Rental Guarantee: If not rented, a penalty of 10% (1,100,000 EGP annually).
Contract Terms Ensuring Customer Rights:
Delayed Delivery Clause: If the unit delivery is delayed beyond 1.5 years, the customer can stop paying installments until the unit is delivered.
Minimum Rental Income: The management company guarantees to lease the unit with a minimum rental income of 18% of the total unit price.
Non-Rental Penalty: If the unit is not rented within 1.5 years from the contract date, the company will pay a penalty of 10% of the total unit price.
No Administrative Fees: During the installment period, no administrative fees will be charged from the rental income if the unit is leased through the management company. ===================
Located just past Al Salam International Hospital on the Nile Corniche, immediate delivery in 6 months.
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Project Highlights:
- First Hotel Tower with Gloria Hotel Management:
- Track Record: Over 50 projects across the Arab world and the Middle East, including Saudi Arabia, UAE (Abu Dhabi, Dubai), Qatar, and Turkey.
- Structure: Ground + 20 floors.
- Ground Floor: Hotel entrance + commercial spaces.
- 20th Floor: Panorama restaurant with Nile view, infinity pool.
- Parking: Dedicated space covering the entire ground area with a special entrance from the Nile Corniche.
- 1st Floor Services: Gym, spa, kids area, co-working spaces, laundry under Brain 2 Fact management.
- Exclusive 2500 sqm on the Nile Bank: Restaurant and pool.
Studio with Nile View for Sale
Studio Details:
Area: 60 sqm with a Nile view.
Total Price: 11 million EGP.
Down Payment: 35% (3,850,000 EGP).
Installments: Over 4 years.
Annual Rental Income Post-Delivery (at 22%): 2,420,000 EGP.
Rental Guarantee: If not rented, a penalty of 10% (1,100,000 EGP annually).
Contract Terms Ensuring Customer Rights:
Delayed Delivery Clause: If the unit delivery is delayed beyond 1.5 years, the customer can stop paying installments until the unit is delivered.
Minimum Rental Income: The management company guarantees to lease the unit with a minimum rental income of 18% of the total unit price.
Non-Rental Penalty: If the unit is not rented within 1.5 years from the contract date, the company will pay a penalty of 10% of the total unit price.
No Administrative Fees: During the installment period, no administrative fees will be charged from the rental income if the unit is leased through the management company. ===================
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Property Information
- TypeOther Residential
- PurposeFor Sale
- Reference no.Bayut - NA Z 20-7 - 02
- CompletionReady
- Added on21 July 2024
- OwnershipPrimary
Features / Amenities
Swimming Pool
Covered parking
Pets Allowed
Electricity Meter
+ 11 more amenities
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Maak Real Estate
Agent:Nada Rabea