SERVICE HOTEL APPARTMENT 205 SQM VIEW ICONIC TOWER RENTED YEARLY 4 MILLION POUND DP 410000 ONLY MU23 NEW CAPITAL

Name: SERVICE HOTEL APPARTMENT 205 SQM VIEW ICONIC TOWER RENTED YEARLY 4 MILLION POUND DP 410000 ONLY MU23 NEW CAPITAL
SKU: 501459125

New Capital City, Cairo

4 days ago

Highlights

TypeOther

Area (m²)205

FurnishedYes

Details

Payment OptionCash or Installment

Completion statusOff-plan

Delivery Date2027

Description

Fully furnished and finished hotel unit Overlooking a main street and the square Located in front of the elevators View of the iconic tower Ninth floor BLUE SKY MALL Area 205 Total price 20,500,000 Mandatory rent from 18% to 25% taking into account the market value (10% increase annually) Average 20% means 4 million annually Paid until receipt Maximum 60% of the total means about 12 million pounds and after that every year rent of 4 million covers the installments and increase Total profit over 10 years more than 50 million pounds Down payments starting from the first 2% and equal installments up to 10 years Payment Plan * 2% Over 6 Years * 4% Over 7 Years * 6% Over 8 Years * 8% Over 9 Years * 12% Over 10 Years Mandatory rent from 18% to 25% taking into account the market value (10% increase annually) Location features * Our project is located in the MU23 area * Between the two largest residential blocks R2 and R3. * The second number from the Amal axis. * Intersection of two streets and a square * The second number from the R3. * Open view of the iconic tower from the beginning of the fourth floor. * The MU23 area has 3 universities, 10 international schools and a health insurance hospital. * Two of them are in front of the new project * Seven Pillars International School Mohamed El Sayed / (View phone number) HUD

Location

Egypt