Description
The new program of Pantheon Development Group is the improved version of Pantheon Elysee 1. Still located in Jumeirah Village Circle, Elysee 2 offers unbeatable value for money. The 10-year post-delivery payment plan is unique at this level of service. Whether you are buying to invest and generate rental income, or to live in yourself, Pantheon Elysee 2 represents a unique opportunity.
The Pentheon Elysee 2 residence
Located in JVC, the residence has 160 units, including 120 studios, 22 "1 bedroom" and 18 "2 bedrooms". The building is on a human scale and offers services worthy of the finest residences in Dubai. Superb swimming pool, gym open to the outside, concierge, security 24/7, parking ...
The apartments of Pantheon Elysee 2
Elysee 2 has very well appointed apartments, regardless of the type of apartment and the surface. The kitchens are delivered fully equipped. As you can see from the photos, the level of finishing is excellent. The design is contemporary. The bathroom is worthy of a 5 star hotel and the apartments are very comfortable, especially thanks to the high ceilings. All apartments come with a minimum parking space.
The 5 or 10 year payment plan
When you buy a property in the Pantheon Elysee 2 program, you will have the choice between a payment plan over 5 or 10 years after the keys are handed over. The 10-year payment plan is higher, but it is still very interesting, especially for investment purposes. Indeed, the amount of monthly payments to be paid over 10 years will be lower than the rental income. You will only have to invest the contribution, and then the apartment will pay for itself. For example, for a studio, the monthly payments will be about 600€. For a 1 bedroom, they will be 900€. Even if the price is more expensive over 10 years, it is not disturbing because it is not you who will pay the difference, but your tenants!
Why buy on the Pantheon Elysee 2 program?
1 - The 10-year payment plan: with this unique payment plan, the return on investment will be fast and you will realize an excellent operation, since the monthly payments will be lower than the rental income.
2 - The quality of the program: the level of finishing is excellent and the standard of living is one of the best in the Jumeirah Village Circle.
Pantheon Elysee 2 program rates:
Studios from €107,000 over 5 years and €130,000 over 10 years
2 rooms (1 bedroom) from €170,000 over 5 years and €200,000 over 10 years
3 rooms (2 bedrooms) from 280,000€ over 5 years and 305,000€ over 10 years
If the prices may seem high, understand that the structure of the financing, especially over 10 years, means that the 60% to be paid after the keys are handed over will be financed by the rental income. Therefore, even if you eventually find other programs that are less expensive in terms of overall price, Panthéon Elysée II will certainly require you to bring out less cash and therefore a lower contribution than other programs, even if they are less expensive.
Details of the Pantheon Elysee II payment plan:
15% on reservation + 4% DLD fee (notary equivalent, for registering the apartment in your name)
5% after 3 months
1% less for 15 months
5% on handover
60% over 5 or 10 years, with monthly payment (negotiable)
Location of Pantheon Elysee II
