UAE - Ras Al-Khaimah - La Hoya Bay Residence - Page 6

riverholt · #51 26-03-2008, 07:38 PM

who is the developer at La Hoya Bay Ressicence? Hows the build quality?

riverholt · #52 26-03-2008, 09:00 PM

Are there any studios left at La Hoya Bay?

shah112 · #53 26-03-2008, 09:21 PM

Quote:

Originally Posted by riverholt

who is the developer at La Hoya Bay Ressicence? Hows the build quality?

khoie properties

good project ,its beautiful

mirpuri · #54 26-03-2008, 10:30 PM

Hi Folks
there are other project on this AL MARJAN island such as PACIFIC
and BAB AL BAHR my self bought on PACIFIC by Select property
with private beach,
you should check these projects as well
studios are from £58K and 15 year payment plan as well
Mirpuri

reynolds · #55 13-04-2008, 08:41 PM

HI we recently bought a studio in La hoya bay, dolphin complex. Has like everybody else we laid down a 30% deposit the rest on completion, we understand we can take a morgage on the 70% near the time of completion. We keep reading other peoples comment and some seem to have been offered a interest free morgage we was told at a favourable rate. Just wondered if anybody as any info on a morgage out there.

Rammah · #56 13-04-2008, 08:57 PM

Quote:

Originally Posted by reynolds

HI we recently bought a studio in La hoya bay, dolphin complex. Has like everybody else we laid down a 30% deposit the rest on completion, we understand we can take a morgage on the 70% near the time of completion. We keep reading other peoples comment and some seem to have been offered a interest free morgage we was told at a favourable rate. Just wondered if anybody as any info on a morgage out there.

mortgages will have interest rates of around 7 to 10%.
The interest free mortgages could be the islamic shariah compliant mortgages which follow a different terminology about the monthly payments which aren't calculated based on an "interest" but usually work out to monthly figures very similar to the others [7-10% of the loan per annum / 12 = monthly amount].

I hope that helps,
Rammah

reynolds · #57 14-04-2008, 02:29 PM

Thank you, you have been most helpfull. We have received a phone call from our agents that from the 15th of april there will be a 7% rise on the apartments, we are a little suprised as on the 1st of march they rose 10%. We was told july would have been the next price increase, but we are not complaining.

floreydreamhomes · #58 17-04-2008, 04:31 PM

These Are Pre 10% Price Increase So Y Ou Will Automatically Get Min 9k Sterling!!!!!!!
Interested Pm Me For More Details, Only Serious Investors Need Apply I Only Have 12 Left!

bluebell.786 · #59 18-04-2008, 02:50 PM

hi all

i have invested in block F (Oyster) at la hoya bay residence with a completion date of december 2009 i have a few studio's few 1/2 beds just after some advice really to see if it is wise putting them up for resale or is it to soon

all advice much appreciated!!!!!!!!

Roshan · #60 19-04-2008, 03:11 PM

Quote:

Originally Posted by bluebell.786

hi all

i have invested in block F (Oyster) at la hoya bay residence with a completion date of december 2009 i have a few studio's few 1/2 beds just after some advice really to see if it is wise putting them up for resale or is it to soon

all advice much appreciated!!!!!!!!

All depends on what your exit strategy is and what is your capacity to hold on. La Hoya is a long term investment and will take some time to actually bloom.

Once it comes fully into the market, there should be some good returns on your property.

Hold on... would be my advice.

Regards

Roshan