Oceano
By The Luxe
About project Oceano
Location
Residents of Oceano will enjoy a host of amenities, including a private beach, jetty, spa, gym, swimming pool with Gulf views, private salon, cigar lounge, informal pool area, and retail options.
Within about a 10-minute drive, residents can find the following facilities:
- RAK Medical Center Al Jazeera
- RAK Medical Center Al Hamra
- Al Hamra Mall
- Leptis Hypermarket Al Hamra
- RAK Academy — British School Al Hamra — BSH
Economic Appeal
Investors in Oceano have the opportunity to obtain a 10-year Golden Visa by purchasing property worth AED 2M (USD 545K) or more. Additionally, the property's waterfront location offers the potential for lucrative rental income, with an average ROI of 6% and starting rental prices at AED 30K (USD 8K) per year for a 1-bedroom unit.
Amenities
Spa
Swimming Pool
Boat Jetty
Shared Gym
Beauty Salons
Location
5 min. from RAK Medical Center
5 min. from Al Hamra Mall
New Aldar Academies British School
Payment plan
| Milestone | Date | 70/30 |
|---|---|---|
| First payment | Booking Amount | 5% |
| Second payment | Down payment | 15% |
| Third payment | 6 Months From Sale Date | 6% |
| Fourth payment | 9 Months From Sale Date | 6% |
| Fifth payment | 12 Months From Sale Date | 6% |
| Sixth payment | 15 Months From Sale Date | 6% |
| Seventh payment | 18 Months From Sale Date | 6% |
| Eighth payment | 21 Months From Sale Date | 6% |
| Ninth payment | 24 Months From Sale Date | 7% |
| Tenth payment | 27 Months From Sale Date | 7% |
| Last payment | On Handover | 30% |