Apartment, chain free, chain free, capital growth, high yield, unfurnished, tourist letting, resort, golf, beach, swimming pool, parking, security, balcony, terrace, condo, air conditioning, located within 80 meters of beautiful white sand beaches, apartments and a wide range of facilities, aparthotel option plan with 6 to 8 weeks personal usage, 15 minutes from enfidha international airport, high rental yields of 8 to 12% p.a. expected, capital growth of 20 to 30% expected, your money invested is 100% protected by insurance bonds, within only of 2km golf course, condo, residential property
El Kantaoui 5* Resort, Port el Kantaoui, Sousse, TunisiaA residential development in an area of Tunisia that is proving attractive to foreign investment. Offering high rental yields expected at 8 - 12% p.a., capital growth of 20 - 30% and the guarantee your money invested is 100% protected by insurance bonds.
Apartment prices from € 55,247
One bedroom apartments ranging between 54m2 - 65m2 from € 55,200
The Development - El Kantaoui 5* Resort is an outstanding residential resort for tourists spanning nearly 1 hectare in the touristic area of Tantana in Sousse.
This innovative project will be located within 80 meters of beautiful white sand beaches and within only 2 km of a beautiful golf course, horse-riding clubs, water sports and many others activities. The famous Marina El Kantaoui is only a short distance and the Enfidha International Airport is conveniently only 15 minutes away.
El Kantaoui 5* Resort' will offer buyers:
Beachfront resort offering sea views from all propertiesPrices from only € 55,200High rental yields of 8 - 12% p.a. expectedCapital growth of 20 - 30% expectedYour money invested is 100% protected by insurance bonds"Apart-hotel" option plan. Properties purchased within this complex will be offered through a fully managed lease-back system and owners will benefit from guaranteed profit share of all rental income and up to 6-8 weeks per year for personal holiday use.15 minutes from the new Enfidha International Airport, with completion expected mid 201040 km from Monastir International AirportWithin 2 km of the nearest golf courseLocated within 80 meters of beautiful white sand beachesAll apartments with terrace or gardenHigh Standard fixtures and fittingsModern fully equipped Fitted KitchensExcellent on-site facilities including Orient Themed SpaThe Developer - is the largest European developer, overseas property agency and consultancy company that are currently promoting developments in Tunisia, The New Dubai. The executive team based in London and Tunisia manages an international group of agents working out of the United Kingdom, Europe, America, Far East, Russia and Middle East.
El Kantaoui 5* Resort offers a selection of contemporary freehold studio, 1 and 2 bedroom apartments and penthouses with either garden, terrace or solariums, along with car parking.
They will be designed with Eastern architecture and decoration. High Standard fixtures and fittings and modern fully equipped fitted kitchens and bathrooms come as standard.
Facilities:
150 Luxury Apartments all with Sea ViewsSwimming PoolsGymClose access to Football PitchShopping CentreSupermarketBankPharmacyOrient Themed SpaRestaurantLounge barRecreational areas for both adults and childrenApartments4 towers of apartments in phase 1 built over 5 floors (Ground + 4). ‚La Galite' (Block 2) is available at pre-launch prices, prices will be increased at the commencement of construction expected end February 2010.
‚La Galite' (Block 2), 20 properties in total the majority with sea views at pre launch prices:-
One bedroom apartments ranging between 54m2 - 65m2 from € 55,200 *Two bedroom apartments ranging between 81m2 - 110m2 (including terrace) from € 67,000Three bedroom apartment ranging between 128m2 - 147m2 (including Garden or terrace) from € 95,250Price Increase due 1st March 2010 by 5%All penthouses are SOLD OUT
Build duration 24 months from commencement which is 1st January 2010
Rental Income
We anticipate that the approximate rental income of a 2 bed apartment in ElKantaoui 5* Resort will be:
€600+ per week in August€500+ per week in June, July and September,€250 per week for the remaining months of the year.Assuming you rent the apartment out for 4 weeks in August and a further 8 weeks during the rest of the summer months and 40 weeks during the rest of the year.
Rental Income for total of 52 weeks per year = €9,200Gross Yield = €9,200 / €60,278 (price of standard 2 bedroom apartment) = 16%
Key Investor Benefits Tunisia:
Tourism revenue up 11% (central bank figures)8% Tourism growth expected 2008, highest in Mediterranean.300 days sunshine per annum. Average annual climate in summer in the 30's, average temperature in winter at around 20 degrees.Consistent low inflation rates.Tunisia has a double taxation treaty with UKFree trade agreement signed with the EU.Government offered incentives for investment.Taper relief for Capital Gains tax for each of ownership.Tunisia is considered to be the most politically and economically stable country in the whole of Africa.Many well-known European companies and banks have a base in Tunisia.The English language is now the third official language and is being taught in all schools from age 10.Low cost of livingLow crime rate.Excellent infrastructure and transport systems.Construction work for the new €384m Enfidha Airport (80 miles from capital Tunis) is well underway and is due to be completed in 2010. When completed this will be Tunisia's 8th International airport accommodation up to 7 million passengers annually.