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Key selling points
- 7% Guaranteed Rental Return for 3 years
- No Capital Gains Tax
- Villas all Fully Furnished
- 4 Weeks a Year Personal Use
- Turnkey Solution – Complete Investment Package
- Exclusive Private Beach Access
The Cove Resort extends across 50 beautiful acres and features 134 excusive residences, one two and three bedroom villas perched on small lagoon islands or on the hill overlooking the lagoon and each with access to the private beach. Each property also features its own sun terrace and all 2 and 3 bed hill villas have their own private plunge pool. The Cove resort itself is in close proximity to all modern day necessities such as golf courses, shopping malls, supermarkets, international schools and hospitals.
Location
The Cove sits on an idyllic water inlet on the Ras Al Khaimah beach front, just south of Ras Al Khaimah town centre. Ras Al Khaimah is situated north of Dubai roughly 45 minutes from Dubai International Airport. Ras Al Khaimah is located on the UAE’s west coast, Ras Al Khaimah is the country’s northern-most Emirate, and arguably the most scenic. The Emirate boasts a varied landscape ranging from fertile plains to mountains and desert regions. The 64-km length of virtually untouched Arabian Gulf coastline is a tourist’s delight.
Apartments
The Cove Villas are luxuriously spacious and fully furnished. Courtyard Balconies for outdoor dining. Floor-to-Ceiling glazing in Living Rooms, Modern Fitted Kitchens, Luxury en-suite bathrooms, separate walk in showers, guest cloakroom, separate storage, maid quarters garage available in 3 bedroom properties, high quality electrical and mechanical service, high technology TV and data systems.
Amenities
• In resort five star Hotel with retail areas, café, bar and restaurants
• Lobby Bar and Terrace
• Pool Bar Snacks outdoor
• Three restaurants with terraces, main, beach and speciality
• Beach Restaurants lagoon
• Meeting Room and fully prepared
• Business Centre
• Health Club
• Children’s Playground
• Beach Area and Water Sports
• An 18-hole golf lynx and 150 berth marina are a 5 minute drive away.
Prices
1 Bedroom Hill Villa from £140,000/1 Bedroom Island Villa £160,500
2 Bedroom Hill Villa £255,000/2 Bedroom Island Villa £270,000
3 Bedroom Hill Villa £364,000/3 Bedroom Island Villa £355,000
Payment Schedule
• Initial deposit 10% of purchase price Payable on signing of the purchase agreement.
• 15% of purchase price is payable 3 months after signing the purchase agreement
• 10% of the purchase price is payable 6 months after signing the purchase agreement
• 10% of the purchase price is payable 9 months after signing the purchase agreement
• 10% of purchase price is payable 12 months after signing the purchase agreement
• 10% of purchase price is payable 15 months after signing the purchase agreement
• 10% of purchase price is payable 18 months after signing the purchase agreement
• 10% of purchase price is payable 21 months after signing the purchase agreement
• 15% of purchase is payable on completion of The Cove.
Costs
• 2% transfer tax if sold before
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