Why Hurghada?
• Rental Yields in this area are around 8%
• 12 month climate with plenty of letting potential
• A booming tourism industry, with numbers having more than doubled between 2002 and 2007
• Large volume of investment finance being placed in Hurghada
• Tourism predicated to increase at rate of 6% per year
• Opportunity to invest early in a vibrant market
• Situated on the Red Sea - recently voted best diving destination in the world
• Low cost living, maintenance and management costs
• Currently accommodation demand in the area exceeds supply
• Tourism growing due to the increase in low cost airlines such as EasyJet flying direct to Hurghada
Key Features:
• 10 years builder's guarantee
• All properties are completed according to European finishing standards
• Large swimming pool including children's section
• Children's play area
• On site lifeguard
• Fully equipped gymnasium
• Satellite TV, telephone and internet connection points in all properties
• Pre-installation of air conditioning
• Elevators to all floors
• Manned 24 hour gated security
• Taxi service including airport pick-ups
• Full maintenance and repair service
• Regeneration / decoration programmed on a 3 years frequency
• All facilities are run and managed by the developer to maintain quality of service
• On site shuttle Bus to downtown all the week for shopping
Also planned for the immediate area is a new retail area with a large supermarket, shops and light show to provide additional entertainment.
Additional Benefits:
• A one day tour of Luxor including visits to the museum and temples, plus lunch on the Nile.
• A one day tour of Cairo to visit the Pyramids, Sphinx, Egyptian museum and a trip on the Nile.
• A Snorkelling trip twice a week to the islands in the Red Sea, taking lunch on the boat or on the island.
• A safari trip in the desert, riding camels, mountain climbing, and a barbeque lunch.
These onsite services add to the attraction for tourists, and resulting rental business.
Prices:
Studio: From £15,547 (+ £4,800 for Optional Furniture Pack)
1 Bedroom Apartment: From £21,863 (+ £5,400 for Optional Furniture Pack)
2 Bedroom Apartment: From £37,410 (+ £6,600 for Optional Furniture Pack)
3 Bedroom Apartment: From £54,452 (+ £7,600 for Optional Furniture Pack)
For further enquiries, click here to contact us
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