Property for sale in Egypt

May 9, 2009 | Newsletters

Whether you are looking for a holiday home, retirement, or a long term investment Egypt provides the answer. Year round sunshine, fabulous beaches, reasonable prices and cheap flights mean the Red Sea resorts are well worth investigating.

May I recommend the following developments:

Hurghada

Hurghada Dreams is a brand new gated development of hotel style apartments of one and two bedrooms Located centrally between the old and new towns, “Hurghada Dreams” is directly opposite the best public beach in the area and close to a variety of shops and restaurants to suit all tastes and pockets and being opposite the beach, means most apartments have fantastic sea views.

The apartments are sensibly priced with 1x bedroom from £30,000 and 2 x bedrooms from £57,000. Completion is scheduled for the end of May 2009. It is also worth noting that the Developer offers a guaranteed rental income of 5% of the purchase price for the first 2 years and 10% of the total income thereafter.

Zomoruda

A tourist resort on the outskirts of Hurghada and consists of a number of buildings each of four floors built in a “U” shape in beautifully landscaped gardens.

Facilities include:

Prices are as follows Studios from £19,000, 1 Bed from £32,489 and 2 Bed from £49,000. Completion is scheduled for December 2009.

Khamsin Beach Resort

A luxury collection of waterside apartments located in the Arabia district of Hurghada just ten minutes from the bustling tourist hotspot of Sheraton Road. The development offers stunning views over the Red Sea to Giftun Island. The resort is perfect for those looking to enjoy an all year round beach lifestyle and indulge in the many water sports on offer.

Facilities include:

Prices are as follows:

Studio apartments from £19,250, 1 Bed from £32,980 and 2 Bed from £47,464. All properties are freehold and due to the beachfront position will have excellent rental potential and resale value. Completion is May 2011 and stage payments are available with discounts for multiple purchases.

We also have developments in Sahl Hasheesh scheduled for completion May 2010 and January 2012 – Ask for details.

Regards

Eric Lay

Tel: 01954 205266

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