0% Down Payment
12
SERVICE APPARTMENT 5 STAR FOR SALE 76 SQ M RENTED YEARLY 71000 DOLLARS HUGE INVESTMENT MAADI NILE CAIRO
Hotel Apartment on the Nile Direct
6 months initial receipt and a final year of operation
With a rental return of 18% ~ 22%
------------------------------
76 meter unit directly on the Nile
You pay a down payment and installments for a year and then you get your profits
Total unit price before discount = 20254000
Total unit price after discount = 18229000
25% down payment = 4558000
Installments for 4 years instead of 3 years
Each quarter = 855000
Total value paid per year = 3418000
Average rental return 20% = 3646000
This means that you profit in the first year after operation (228000)
Reve Du Nil
Novara Development
- Our project provides you with all the success factors for investment
- With a construction rate exceeding 95%
- Receipt one year from the date of contracting
* Facade width 55 meters overlooking the Nile
* 4 elevators in the tower (Hyundai)
* Tower ground floor + 20 floors
* (Ground floor hotel entrance - first shops and service areas - from the second to the nineteenth floor hotel units - twentieth floor restaurant - swimming pool)
* 2800 meters on the Nile River (restaurants, cafes, infinity pool and Night club)
* Hotel management company:
Gloria Hotels & Resorts
* Receipt finished with air conditioners, furniture and appliances (Samsung)
* Initial receipt 6 months and final receipt 12 months
* Maintenance: 7%
* Real rental return after receipt starts from
* 18% Up to 22% minimum of the total unit value annually
Mohamed El Sayed /
6 months initial receipt and a final year of operation
With a rental return of 18% ~ 22%
------------------------------
76 meter unit directly on the Nile
You pay a down payment and installments for a year and then you get your profits
Total unit price before discount = 20254000
Total unit price after discount = 18229000
25% down payment = 4558000
Installments for 4 years instead of 3 years
Each quarter = 855000
Total value paid per year = 3418000
Average rental return 20% = 3646000
This means that you profit in the first year after operation (228000)
Reve Du Nil
Novara Development
- Our project provides you with all the success factors for investment
- With a construction rate exceeding 95%
- Receipt one year from the date of contracting
* Facade width 55 meters overlooking the Nile
* 4 elevators in the tower (Hyundai)
* Tower ground floor + 20 floors
* (Ground floor hotel entrance - first shops and service areas - from the second to the nineteenth floor hotel units - twentieth floor restaurant - swimming pool)
* 2800 meters on the Nile River (restaurants, cafes, infinity pool and Night club)
* Hotel management company:
Gloria Hotels & Resorts
* Receipt finished with air conditioners, furniture and appliances (Samsung)
* Initial receipt 6 months and final receipt 12 months
* Maintenance: 7%
* Real rental return after receipt starts from
* 18% Up to 22% minimum of the total unit value annually
Mohamed El Sayed /
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - 5000532-lgCGqG
- CompletionReady
- FurnishingFurnished
- Added on26 November 2024
- OwnershipPrimary
Features / Amenities
Completion Year: 6
Freehold
Mortgage
Location & Nearby
Location
Schools
Restaurants
Hospitals
Parks