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Pyramisa Beach Guaraneed Life-time Rental [ SOLD ]

 Region: Sahl Hasheesh

 Price: EUR € 48 136

 Bedrooms: 2

 Property Type: Apartment

 Development State: Off Plan

 
Features: Garden, Pool, Parking, Terrace / Deck Amenities: Tennis Court, Shops, Bars & Restaurants, In beach resort, On the Sea, In vacation place, Near a golf course, 24 Hour security, Gymnasium, Sea View, Nightclubs / Casinos, By the Sea, Jaccuzi, Near Town Description:
Guaranteed life time rental starting at 7%. Guaranteed developers BUY BACK option. Studios from 39950 also 1 and 2 bedroom apartments. (With new unbeatable finance deal)

A Rolling Lifetime Rental Guarantee The Pyramisa Beach Resort offers fantastic guaranteed rental terms of 7% per annum for the first 5 years with the option to renew and increase your rental agreement in 5 year increments.

Unlike most guaranteed rental opportunities, at each renewal point your unit will be revalued, mirroring the percentage change in room rates. This means that over time you can achieve well above 7% of your initial investment per annum.

This luxury hotel resort offers a guaranteed 7% rental return over 5 years, with guaranteed capital appreciation indexlinked to the percentage of annual increases in room revenues after the 5 year term.

The development is estimated to receive an annual capital growth of approximately 20%, with management facilities in place by the resort's developer who has other, already established, 5 starhotel resorts in different areas of Egypt; all with high occupancy rates.

The units are being released at 10% below launch price with a further 10% discount available when choosing the 10% 90% payment plan.


An additional benefit of investing in Egypts emerging market is the absence of taxes associated with property purchase no stamp duty, no inheritance tax and no capital gains taxes.


Potential Capital Appreciation
per annum 20.00%
Conservative Estimate by the Developer

Potential Rental Income
per annum 7.00%
Guaranteed rental return for 5 years

Development Timetable
Construction Start: 2nd Quarter 2005 Construction End: 3rd Quarter 2007

The Pyramisa Beach Resort is a fivestar hotel resort in Sahl Hasheesh, along Egypts Red Sea Riviera. The development consists of 550 units comprising of studios, 1 bed and 2 bedroom apartments, already built having been completed in August 2007.

Purchasers have the opportunity to invest in a leaseback scheme covering a period of 5 years with a renewable contract. Purchasers will then be able to use the property for a period of 4 weeks for all studio apartments and 8 weeks for one and two bedroom units, excluding the major holiday periods of Christmas, New Years, Easter and the month of August.

The luxury allinclusive resort is built to European standards and features a beachfront location with all of the units benefiting from either sea, pool or bay views. Facilities of the resort include a health club, gym, aquatic sports centre featuring diving, childrens club, shopping arcade and beauty salon.

Sahl Hasheesh (Green Valley) is more than simply a resort, it is an entire town offering many local attractions including diving, desert safaris, water parks, cinemas, casinos and where visitors can enjoy any of the eight planned golf courses located within Sahl Hasheesh.

Rental management facilities for the Resort are in place where buyers are assured with guaranteed rental yields as Pyramisa have high occupancy rates in their other 5 star hotels throughout Egypt.

The resort offers prices at below the market value and the hotel is expected to increase the prices of the whole resort in January 2008. Pyramisa offers a great opportunity to invest in an emerging market.

Facilities:

Five star hotel resort
Health club
Gym with sauna and steam rooms
Diving and Aquatic sports centre
Childrens playground
Shopping arcade
Beauty salon
Beach front location
2 Seafront outdoor heated swimming pool
Waterslides
5 restaurants and bars
Tennis & Squash courts

Build specifications:


Built to European standards
Floors: Beige ceramic tiles
Walls: Cream plastic paints
Aluminium Windows
Room and bathroom doors (Wood brown color).

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