16 apartments 5 star hotel in Egypt
This property is a top maintained, 16 apartments hotel in Egypt. A well run business for 7 years with its own customer base and staff on a beautiful territory and only 50 meters from the Red Sea. The 16 apartments are fully owned by the owner and have ...
| Property number: | PET0064 |
| Rooms: | 24 |
| Living space: | 995,00m² |
| Property size: | 250,00m² |
| Location - region : | Al Bahr al Ahmar(ET) Egypt |
| price: | 600.000,00 € | ~ 514.440,00 £ | ~ 663.720,00 $ |
| NO ENERGY CERTIFICATE IS CURRENTLY AVAILABLE FOR THIS PROPERTY. IN PREPARATION. |
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... nothing in common with a hotel. No intermediaries, directly from the owner. The clients (mostly long term tenants), can of course be taken over (desirable). The company's activities are primarily the rental of rooms. The 16 apartments in building 8 (only 50 m from the sea) are maintained by 2 employees. The employees receive a monthly salary of 400 euros per month in total. The 16 apartments are spread over 2 floors, 3 and 4, with direct access to a large 245 m2 covered roof terrace with bar, barbecue and a fantastic view of the mountains and the Red Sea. The 2 floors and the roof terrace are completely owned by the owner. All contracts are in place and may of course be inspected. Total living area of 995 square meters and are distributed over 24 rooms. The apartments are fully equipped: kitchen with all necessary utensils, from microwave to refrigerator of course. The apartments have tiled or marble floors and plastic windows. Bar-restaurant on the roof terrace. There are various sports facilities in the complex. Aqua park and 6 swimming pools. All rooms are fully air-conditioned. DVB-T, cable connection, TV antenna. The complex has 6 communal swimming pools (free to use), sauna, solarium, wellness area, gym, 3 restaurants. The company certainly has growth potential. At the moment only the 16 apartments are rented, average price 500 Euro per apartment/month. Plus electricity and water (approx. 20 euros per month). The flats are all fully equipped. Equipment: A kitchen with fridge, oven and hob. Kitchen utensils (crockery, various glasses, pots, cutlery, trivets and cooking utensils) Small kitchen appliances (kettle, coffee machine, toaster, microwave, egg cooker). Bed with good expensive mattresses Sufficient seating with modern sofa set. Bathroom with shower, washbasin and WC. TV set/radio Internet (with password-protected WLAN access). The 16 flats are always fully booked, 100%. Customers (most guests for years, long-term tenants, 6 - 12 months, alternating) can of course be taken over (desirable). Rent for long-term tenants 350 euros per month. For short term tenants 400 - 450 Euro per month. It is possible to combine two flats (marked orange in the floor plan) into one and rent it out, which is an advantage for large families. Orange marked area 125 m2 (e.g. flat number 819). The 16 flats are distributed over 2 floors, 3 and 4, with private lift and direct access to a large 245 m2 covered roof terrace with bar, barbecue and a fantastic view of the mountains and the Red Sea. Location : Hurghada, Egypt 16 apartments 5 star hotel in Egyptmore...
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