CANAL COVE VILLA on PALM JUMEIRAH – N FROND

4 bed villa with BUA of 4100 SqFt bigger than garden homes for sale at 12.5M
AED

Located on N frond where exclusive villas on palm are now launched at 20M
AED minimum.

Has existing finance for 8.515 AED on the house... possible transferee to
new owner will require approval from Lloyds ims the mortgage provider and
needs 6 months bank statements, employers reference letter, and also bank
application form and passport copy and visa if any.

Finance is in USD which is pegged to dirham earnings and also the finance so
for this deal they would need a deposit for 4 M and the home is there's for
about 400,000 AED mortgage payments per annum.

Seller is willing to rent the villa from the new owner for a period of 2 to
3 years making this an ideal investment opportunity; he is also willing to
pay for refurbishment if a reduction in rent is agreed.



Regards

Luxman Jeyakumar

050 - 552 - 1761

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