13/08/2024
Hotel unit in Nile Business City, the tallest hotel building in Africa.
The unit is located on the 21st floor and has an area of 62 square meters.
Offer Details:
A. Total Price: £87,874.02
B. Fractional 25% System: The unit is purchased under a fractional ownership system at 25%.
Payment Plans:
1. 20% Plan:
A. Down Payment: 20% of the unit price (£17,574.80) payable in installments over 7 years.
B. Installments for the first four years:
Year 1: £10,042.76
Year 2: £10,041.18
Year 3: £10,042.76
Year 4: £10,041.18
•After 60 months from the contract date, the client will receive a 5-year guarantee where the remaining installments are deducted from the rental income.
C. Rental Income Options:
12% annual return (variable) for 5 years.
15% fixed annual return for 5 years.
2. 50% Plan:
A. Down Payment: 50% of the unit price (£43,937.01) with no installments or checks.
B. Rental Income:
•10% of the down payment annually before delivery.
•The remaining 50% of the unit price will be paid in installments over 5 years after delivery, without the client making any payments.
•The company commits to a 10% variable or 15% fixed annual return for 5 years after delivery.
Contact:
Mohamed Ibrahim Gouda
Real Estate Investment Consultant - Bayrock Real Estate
Phone: +20 01022950044
Disclaimer: Prices are subject to currency fluctuations. Please verify the current exchange rate at the time of purchase.
