Al Jizah Properties

11/29/2006 - selectoverseas.com

Wonderful Villa for sale set in Fayoum Lakeside Villas, Western Desert , Fayoum Al Jizah Egypt . The listing agent is selectoverseas.com, the price is 88,110 GBP and was listed on 29 November 2006. The Villa, boasts 3 bedrooms and 2 baths , occupying 242 sq m . Reference - 216. Property View 1 Seating Area Property View 3 Property View 4 Area

Villa in Fayoum Lakeside Villas, Western Desert , Fayoum Al Jizah, Egypt

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Bedrooms: 3

Bathrooms: 2

Size: 242 sq m

Price: 88,110 GBP

(EUROS) € 100,965
(GBP) £ 88,110
(US) $ 144,007

Finance this property from 262.13 GBP (€ 300.37/ £ 262.13/ $ 428.42) per month - see our Egypt mortgages info

Villa Description

There are 12 very special and individual villas available.

These spacious villas have views of the Fayoum Lake and the surrounding countryside.

Fayoum, 100 kilometres South of Cairo is a wonderful area of Egypt with a rich and interesting history. It is an area where Egyptians often vacation and which is constantly growing more popular among Europeans.

This 692 square mile depression was a lush paradise during prehistoric times. Its water level was eighty-five meters higher than today (currently 45 meters below sea level) and the Nile regularly flooded through the low mountains separating it from the Fayoum. At 215 square km, the current lake Qaroun remains Egypt's largest salt water lake.

The villas are on two and three floors, include a garden and in some cases a pool or access to a communal pool. They range in size from two/three bedrooms of 2,000+ square feet to five bedrooms of 3,600 square feet. The villas are unfurnished and detached with their own gardens.

Prices start from £73,000 up to £124,000 for the very largest.

There is one small unit of 850 square feet for £31,000.

They represent wonderful opportunity to purchase a residence that has all the benefits of being eco friendly, large enough to accommodate most families, built of natural materials and only 1 hour South of the Pyramids in Cairo.

Each villa is constructed to operate without air-conditioning, if the owner so wishes. The design is typically local and makes use of all materials that are used in traditional house building. There are wonderful views from most rooms and the upper floors overlook the lake and the countryside.

Each of the 12 privately owned plots measures from 700 – 1000 meters squared. The 12 plots are designed such that the actual build structure is on the middle third of the land, while the remaining two thirds are equally divided between the front yard and the backyard.

In some, the front yard contains a swimming pool surrounded by an exotic garden. In others the backyard contains a guest house, service facility, and a contained garden.

Unit No 4E -
- 242sqm
- 786sqm garden
- Lake view

Ask for more details today!

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Egypt Mortgages: Example for REF 216

( Villa in Fayoum Lakeside Villas, Western Desert , Fayoum Al Jizah, Egypt )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 26,433 GBP
70 % Financed = 61,677 GBP
Monthly mortgage repayment = 262.13 GBP (€ 300.37/ £ 262.13/ $ 428.42)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 26,433 GBP
70 % Financed = 61,677 GBP
Monthly mortgage repayment = 334.88 GBP (€ 383.74/ £ 334.88/ $ 547.33)

Correct as at Friday, September 03, 2010