The Sunset Pearl Resort in Sahl Hasheesh has been recently completed and all apartments are finished and in operation. This development is the first apartment resort of this size to complete in Sahl Hasheesh and now you can buy a property on here from only : €59,940 (Approx: £49,950).
You can now get a 10 year mortgage on any apartment bought on Sunset pearl with the following updated payment plans:
Option 1 : CASH PAYMENT
- 10% Reservation deposit
- 90% Immediate payment within one month upon signing the PPC and enjoy 10% discount on the 90%
Option 2 : 1 YEAR – 0% Interest
- 10% Reservation deposit (refundable within 28 days)
- 15% Within one month upon signing the PPC
- 75% Over one year in quarterly installments with 0% interest
Option 3 : Finance Plans
- 10% Reservation deposit (refundable within 28 days)
- 30% Within one month upon signing the PPC
Then:
- 60% over 2 years in equal quarterly installments + 4.5% fixed flat annual interest
- 60% over 3 years in equal quarterly installments + 5.5% fixed flat annual interest
- 60% over 5 years in equal quarterly installments + 6.5% fixed flat annual interest **
- 60% over 7 years in equal quarterly installments + 7.5% fixed flat annual interest **
- 60% over 10 years in equal quarterly installments + 8.5% fixed flat annual interest **
Example: Based on a unit price of €100,000
| Payment Plan | Deposit | Interest % | Monthly | Quarterly | # of quarterly payments | Total Payable |
| Cash | €90,000 | -10% | €90,000 | |||
| 1 Year | €25,000 | 0% | €6,250 | €18,750 | 4 | €100,000 |
| 2 Year | €40,000 | 4.5% | €2,725 | €8,175 | 8 | €105,400 |
| 3 Year | €40,000 | 5.5% | €1,942 | €5,825 | 12 | €109,900 |
| 5 Year | €40,000 | 6.5% | €1,325 | €3,975 | 20 | €119,900 |
| 7 Year | €40,000 | 7.5% | €1,090 | €3,268 | 28 | €131,500 |
| 10 Year | €40,000 | 8.5% | €925 | €2,775 | 40 | €151,000 |
The development now also offers 7% Guaranteed annual income per year for 5 years!
Click here for more information on Sunset Pearl
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September 1st, 2010 → 12:06 pm @ Property in Egypt