SERVICE APPARTMENT 5 STAR FOR SALE 1200 SQ M RENTED YEARLY ONE MILLION+200 THOUTHAND DOLLARS HUGE INVESTMENT MAADI NILE CAIRO

⭕G + 20

One year receipt and the building is ready for inspection

🔸 Hotel tower

🔸 Directly on Maadi Corniche

Hotel unit before price increase 🤩

🔸 1200 m like a palace

🔸 Direct Nile view

🔸 Third floor

🔸 Finished with air conditioners, furniture and appliances

🔸 Final receipt for one year, with a down payment starting from / 62 million and 500 thousand pounds

⭕ Total price before discount: / 360 million pounds

⭕ Total price after discount for a limited period / 300 million pounds, equivalent to 5 million dollars

⭕ Payment plans:

🔸 25% down payment and the rest over 3 years

🔸 35% down payment and the rest over 4 years

🔸 50% down payment and the rest over 5 years

⭕ Contract clauses that guarantee the client's rights

🔸 In the event of a delay in receiving the unit for a year and 6 months, the client stops paying the installments until he receives

Rent starts from 18% and 50% of it is collected after 6 months / average rent of one million dollars annually

🔸 Rent with the management company starts from 15% of the total unit price annually, in the event of collecting less than 15% in any year, the company is obligated to pay a fine of 10% of the total unit price

A real rental return after receipt starts from 18% to 22% as a minimum of the total unit value annually

🔸 In the event of leasing with the management company, no administrative expenses are collected from the rent until the installments are paid

Mohamed El-Sayed / NOVARA