Each comprising of 24 x studios+20 x 1 bed apts. + 8 retail shops.
These are fully let and return approx. 5m AED p.a.
The Price for the 2 Buildings 50m AED!!!!
We can discount to 40m AED!!! (£8.3m/9mEuro))
Worse case scenario: 0% Capital gain and no increase in rents in next 8 yrs would mean that the capital outlay would be repaid in full with rental income!!!!...in 7/8 years!!!
This has to be the deal of all deals for any investor!!!
Details as follows:
International City's 'France' echoes the chic city buildings of the past. Two, three and four storey residential blocks typified by long French windows, red and grey bricks and pilasters or half-columns evoke a real sense of fashionable Paris. Resembling the architectural importance of southern France, the latest packages offered include traditional yellow buildings to complement the surrounding areas.
International City's 'Greece' lies at the edge of the residential district. It features three and four storey buildings that hold to the Greek architectural ideals of order and harmony. This neighbourhood features tiled-roofs, balconies, symmetrically placed windows and white-painted walls.
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