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Pre- construction and off-plan properties and investments worldwide - Vacation homes, luxury villas, golf homes and waterfront condos, apartments and holiday homes

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Property in Egypt - New holiday homes and off plan investment properties in Egypt

Property in Egypt is nearly as hot as the climate and investors are viewing this tourist favourite as an area in which they can take advantage of both the year round sun as well as the year round tourism industry.

Mile after mile of sandy beaches, the warm waters of the Mediterranean and the even warmer and crystal clear waters of the Red Sea are just a a couple of reasons as to why investors as well as families are taking a serious look at  new holiday homes and investment properties in Egypt.

Cairo, the capital of Egypt and Luxor have always attracted tourists eager to view the pyramids and cruise the mighty Nile. As the years have passed tourists began to discover the Red Sea and the Egyptian coastlines bordering this scuba diving hot spot.

The government of Egypt is very progressive and it is smoothing the paths of developers and hoteliers who will bring much needed tourism revenue and international investment to the various regions of the country. Egypt is now home to a wide selection of world-class reisdential and holiday resorts plus a plethora of wonderful hotels.

Property in Egypt  represents a relatively small investment when compared to many other countries with similar attractions and amenities. The low cost of living coupled with a stable government, huge injections of international investment make the purchase of off plan property and residential real estate in Egypt and extremely interesting option for investors looking to diversify their investment portfolios. Given the increasing family tourism market as well as specialist tourists such as scuba divers and water sports enthusiasts, Egypt and especially the Red Sea area sure to do well

Although the British have long visited Egypt, it is the Italians and Germans that have headed the rankings in recent years. Tourism is now the second largest contributor to Egypt's GDP after construction. With new luxury hotels due to open and an increase in air travel, the tourism revenues are sure to increase along with number of visitors and long term residential tourists

In addition to the fantastic climate, new coastal regions currently being developed – such as Marsa Alam in the south of the country – offer access to some of the world’s most pristine scuba diving sites, ensuring a high demand for rental property year round.

There are currently several areas of Egypt that are attracting foreign investment along the coast of the Red  Sea and the Sinai Peninsula

Sharm El Sheikh is one of the best known tourist destinations in Egypt and currently one of the best places to invest in Egyptian properties. Located on the southern point of the Sinai Peninsula Sharm El Sheikh is recognised as one of the top diving locations in the world and with recent improvements in infrastructure, the area is preparing itself for a bountiful future

Why invest in Sharm El Sheikh?

• Low property prices with low cost of living and maintenance costs
• Steady year-on-year capital appreciation
• Excellent rental yield of 8%- 10%
• Steady annual growth in tourist figures
• Low property tax and no capital gains tax or Inheritance tax
• Strong economic growth and increased local investment in infrastructure
• Warm desert climate with temperatures creating a year-round tourist season
• Politically stable country
• Increased inward investment, creating a rich investment climate.
• Well known developers creating luxury resorts, to cater for Egypt’s new influx of international tourists
• Easy air access from European destinations makes Egypt a popular medium haul holiday location
• Cairo International airport is being modernized 

Sunrise Heights - Naama Bay - Sharm El Sheikh - From €46,200

• 20% - 30% achievable capital appreciation -
• Excellent rental projections -
• High demand for residential accommodation -
•  
• Wonderful residential complex overlooking Naama bay and built to European standards -

Sunrise Heights - Naama Bay...

The Sunrise Heights project is located on a prime piece of land  overlooking Naama Bay, the beating heart of Sharm El Sheikh. Sunrise Heights consists of three residential buildings and various commercial shops.

The development is low-rise and low density comprised of only 44 units which vary in size from 53m2 - 80m2 of actual living space. The apartments are set in beautiful gardens with 3 swimming pools.

All of the apartments at Sunrise Heights will have a balcony with views of either the sea, bay, desert, swimming pools or gardens. Each property at Sunrise Heights will have access to a large communal roof terrace.

The apartments are fitted with hot and cold air conditioning units, wireless internet and satellite television.

Interior and exterior finishes are of a high European standard with particular attention given to the bathroom and kitchen areas, bringing them in line with European needs along with the desire for ample natural light and ambience.

Description Two bedroom apartments with 80m2 of actual living space Prices ranging from €79,000 - €97,642 Location Country: Egypt Area/Province: South Sinai Region/district: Sharm el-Sheikh City: Naama Bay   Property Info Sales price: € 79,000 Ref:: EgSH-ap2 Property type: Apartment Plot size: 0 m2 Built size: 80 m2 Bedrooms: 2 Bathrooms: 2     Features Pool Garden

                          Enquire Here about Sunrise Heights...

 

Description One bedroom apartments range in size from 53m2 - 63m2 of actual living space with prices ranging from €46,200 - €79,950 Location Country: Egypt Area/Province: South Sinai Region/district: Sharm el-Sheikh City: Naama Bay   Property Info Sales price: € 46,200 Ref:: EgSH-ap1 Property type: Apartment Plot size: 0 m2 Built size: 53 m2 Bedrooms: 1 Bathrooms: 1     Features Pool Parking Garden Sea View

                          Enquire Here about Sunrise Heights...

Cairo - Hurghada - Sharm el Sheikh - Naama Bay- Alexandria - El Alamein - Ghazala Bay - El Gouna - Sahl Hasheesh. - Gamsha Bay - Red Sea Riviera - Sinai Peninsula -Marsa Alam - Egypt’s Coral Coast - Port Ghalib -

Sharm El Sheikh Real Estate - Red Sea Egypt