Down payment: EGP 9,000,000
Top Fast Hotel Investment on Maadi Corniche
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:
Investment Opportunity on Maadi Corniche
Unit Details:
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.
Investment Opportunity on Maadi Corniche
Unit Details:
- Post-delivery, managed by a professional operation company
- Rental return rates: 18% to 25%
- High yield and quick investment
- 2 bedrooms with Nile view
- Total Price: EGP 18,000,000
- Down Payment: 35% = EGP 6,300,000
- Installments: Over 4 years
- Expected Annual Rental Income (at 22%): EGP 3,960,000
- Penalty for non-rental: 10% of the total price = EGP 1,800,000 per year
- If delivery is delayed beyond 1 year and 6 months, installments stop until delivery.
- If the unit isn't rented within 1.5 years, the management company pays a penalty of 10% of the total price.
- No administrative fees on rent until all installments are paid.
Property Information
- TypeOther Residential
- PurposeFor Sale
- Reference no.Bayut - NA Z 20-7 - 04
- CompletionOff-Plan
- Added on21 July 2024
- OwnershipPrimary
Features / Amenities
Swimming Pool
Covered parking
Pets Allowed
Electricity Meter
+ 11 more amenities
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks
This property is no longer available
Maak Real Estate
Agent:Nada Rabea