HOTEL SERVICE APP FOR SALE 740 SQ M AT 5 STARS HOTEL FULLY FURNISHED WITH A C RENTED YEARLY 750000 DOLLARS NILE MAADI
Downtown Cairo, Cairo
1 day ago
Highlights
TypeApartment
OwnershipPrimary
Area (m²)740
Bedrooms10+
Bathrooms10
FurnishedYes
Details
Price TypeNegotiable
Level5
Payment OptionCash or Installment
Completion statusReady
Delivery Date11
Delivery TermFinished
Description
Hotel unit before price increase
740 m
Direct Nile view
Finished with air conditioners, furniture and appliances
Final receipt in one year,
With a down payment starting from / 46 million
Total price before discount / 185 million
AFTER DIS / 165 MILLION
Hotel units directly on the Nile
Finished with air conditioners, furniture and appliances + smart unit
Gloria Hotel management and operation
Receipt in one year and the project is built
Possibility of leasing with the management company at a rate starting from 18% of the unit price, without administrative expenses until the end of the installments
All spaces are available in the back and facing the Nile Corniche
New payment system
10% discount on all payment systems
25% down payment and the rest over 4 years
35% down payment and the rest over 5 years
15% down payment and 10% after 3 months
And the rest over 3 years and the first installment after 6 months of contracting
* 25% down payment and 25% after 3 months*
* Without installments and the installment is paid from the profits*
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* Cash = 30 % *
- Rental value from 18% - 22% within the contract
Real rental return after receipt starts from 18% to 22% as a minimum of the total unit value annually
The average annual rent is about 20% of the total, about 37 million, about 750 thousand dollars annually
Rent starts from 18% and 50% of it is collected after 6 months
Mohamed El-Sayed / (View phone number)
