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

Name: SERVICE APPARTMENT 5 STAR FOR SALE 1200 SQ M RENTED YEARLY ONE MILLION DOLLARS HUGE INVESTMENT MAADI NILE CAIRO
SKU: 500838883

Downtown Cairo, Cairo

2 weeks ago

Highlights

TypeApartment

OwnershipPrimary

Area (m²)1,200

Bedrooms10+

Bathrooms10+

FurnishedYes

Details

Level2

Payment OptionCash or Installment

Completion statusReady

Delivery Date11

Delivery TermFinished

Amenities

Maids Room

Description

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 Floor 2 View Nil : Finished with air conditioners, furniture and appliances Final receipt for one year, with a down payment starting from / 62 million pounds Total price before discount: / 330 million pounds Total price after discount for a limited period / 250 million pounds, equivalent to 5 million dollars 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* ————————- * Cash = 30 % * 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 / (View phone number) NOVARA

Location

Egypt