Quote:
Originally Posted by vanityfair
Hi Red, Roger, MrSkipsey and Co.
Have just read from about page 20 to 57. Chris! Im knackered. I feel as though I know you all really well now! What a great forum, Red your information is superb. Have come across Hania beach by Experience International. Have recently invested in Ras Al Rhaimah and Dubai. Have some change left over and looking around for a punt other than the UAE. This development looks great. Price seems on the high end, but if this is for high quality then that suits me.
A few queries im sure you can help with before I make a reservation;
The CGI's pictures indicate studio's at 54.26m2 is this actual studio area or is this taking into account percentage of common areas. What is actual studio floor area?
Maintenace charges?
Utility bill charges?
Expected rental management fee percentage?
Rental prices?
Many thanks anyone who can help.
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Hi VF.
Welcome to the Hania forum. Just to clarify a few points from Skip:
1. 54.26 m is the gross area. Based on the plans I have seen you will have to deduct 25% of the gross area to get the net size of your apartment. As Hania has acquired resort status the communal areas have to be larger to adhere to the resort status requirements hence the communal area of 25% is slightly higher than normal due to the larger communal areas.
2. Rental yields for beach front apartrments could range from 8-12% based on articles I have read. Some have stated £195-£600 for beachfront apartments based on the size and location of your apartment.
Rgds
RED
