Apartment, chain free, free furnishings, chain free, free furnishings, capital growth, high yield, fully managed, fully furnished, tourist letting, immediate income, guaranteed rental, beach, swimming pool, security, concierge, leasehold, balcony, terrace, condo, air conditioning, 50% (non status) developer mortgage, 7% rental guarantee for 10 years index linked, 5* all inclusive hotel, up to 8 weeks free personal use at any pyramisa hotel, fully managed and maintained by hotel group, egyptian stock market listed company, completed resort, new development, residential property
THE PYRAMISA HOTEL, SHARM EL SHEIKH, EGYPTHotel Rooms, Chalets, Duplexes and Villas from 47 sqmThe 5* Pyramisa Sharm El-Sheikh Resort & Villas are ideally located on the exotic sandy beach of Sharks Bay at the Red Sea, the famous snorkeling and diving spot and a part of Ras Mohamed National Park. Pyramisa Sharm El-sheikh hotel is 4 km from the airport of Sharm El Sheikh in the Red Sea and 7km from downtown Naama Bay. The Pyramisa Sharm Resort has been a favourite with holidaymakers for many years and provides comfortable accommodation with great facilities. Set in spacious grounds, in a fabulous location leading directly down on to the beach at Sharks Bay, the Pyramisa offers an excellent package for investors, which includes 7% guaranteed rental returns, up to 8 weeks free use of any Pyramisa hotel resort and 50% finance available. The resorts extensive facilities include a private beach, diving, coral reef snorkelling, 7 restaurants, 2 bars, an enormous outdoor swimming pool with artificial waves as well as a heated indoor pool plus much more.
Completion: Hotel is open and operational. Start making a return on your investment immediately! FAQ's Q: What is the rental guarantee?7% Rental Guarantee - For 10 years with the option to renew after 10 years, this is also indexed linked to capital growth Q: What are the payment options?10% Reservation fee40% Stage payment within one month of singing the PPC.From here you get the guaranteed rental on the 50% you have paid.You then have 3 options.
Option 1: Immediate payment with a 10% discount on the remaining 50%
Option 2: Payment over 1 year in equal quarterly instalments with 0% interest. Full rental guarantee paid from day of full payment
Option 3: Payment over 5 years with equal quarterly instalments + 3% fixed annual interest. The rest of the annual interest is covered by the guaranteed annual rent. Q: How long is the season?Egypt provides a 12 month season with 30° summers and 20° winters. Q: What are the nearest airports?Sharm international Airport (4km) Q: When was the hotel built?The Hotel was built in 1997 and in 2004 had a re-fit. Q: What sizes are the units?Hotel Room - 47 sqmSuperior Hotel Room - 59 sqm1 bed chalet - 71 sqm2 bed townhouse - 125 sqm3 bed townhouse - 142 sqm3 bed villa - 235 sqm4 bed villa - 340 sqm
Q: What is the personal usage?4 weeks for the Hotel rooms8 weeks for the Chatlets & Villas
Q: Does the personal usage effect the guarenteed rental?No the guaranteed rental is 7% which includes the time taken out for personal usage. Q: Are the personal usage weeks on an all inclusive basis?No. Personal use weeks are on bed basis only. Clients can buy the All Inclusive services at a charge . Currently Euro 35 per person per night. Q. What happens after the 10 year leaseback period?A new agreement will be renegotiated with the buyer. Please contact us for more details on the Pyramisa Hotel Resort, leaseback scheme and price lists.