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Phased development

   Phase 1    Phase 2 
  Phase 3
   Legal overview  
 


Phase 1:

 
 
 


Notes:

Cash Payment Terms:
Within 48 hours of signing sub lease agreement.

Staggered Payment Terms:
5% within 48 hours of signing sub lease agreement, 35% within 30 days, 30% 12 months after signing agreement, 30% 24 months after signing agreement.

Rental Terms:
Minimum of 6 month lease and payment 6 months in advance.


1 & 2 Bed apartments :

One and Two bedroom apartments, overlooking the Nile, available for purchase off plan.

 
 
 
Prices:
1 bedroom apartment 67 sqm $125 000
2 bedroom apartment 80 sqm $150 000


Payment Terms:

5% down payment, 25% on 1st Feb 2011, 30% on issue of 50% completion certificate by architect, 30% on issue of 80% completion certificate and 10% on possession.

 
 
 
 

Please note that apartment block design and finishes to be finalised and subject to change. 
Design and finishes to be agreed by LRDC and investor.

 
   
  Example of floor plans for one and two bedroom apartments.
Please note that floor plans subject to change and layout will be discussed, agreed and finalised with investor.