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Archive for April, 2009

Offplanworld Becomes a Tweeter!

Thursday, April 30th, 2009

Over here at Offplanworld Towers, we’re always looking for better ways to work with our clients. With this in mind, we are please to announce that we are now officially ‘tweeters,’ and you can find our new site on Twitter at http://twitter.com/Offplanworld.

Our Twitter site will be used to bring all our clients and users up to date on the latest property developments we launch, as well as other news such as new partnerships and collaborations. As always, we’d love to hear from all our users with any suggestions or questions, so please feel free to follow us on Twitter, and let us know your thoughts on the new site.

We look forward to hearing from you!

Property in Fethiye – Investing in Turkey

Wednesday, April 29th, 2009
fethiye-propertyLocated in the Mugla district of Turkey, the modern day city of Fethiye is in fact located on the site of the historical city of Telmessos. One of Turkey’s most popular tourist destinations, over 50% of the town’s population is employed within its rapidly expanding tourist industry. A real beach lover’s paradise, Fethiye offers over 3 kilometres of superb beaches, which are home to a wide variety of water sports and other activities.

Situated in Turkey’s picturesque Mugla region, the town of Fethiye is quickly becoming one of Turkey’s most popular tourist destinations, with large numbers of visitors keen to experience Fethiye’s stunning stunning scenery, beautiful beaches and superb climate. In fact, such is the growth of the numbers of tourists to Fethiye, that today over half the town’s population is employed within it’s rapidly expanding tourism industry. A genuine beach lovers paradise, the region has over 3 km’s of beautiful beaches at its disposal, which are home to a wide variety of watersports including fishing, water-skiing and sailing.

The modern day city of Fethiye, is also richly endowed with historical significance, being situated on the site of the ancient city of Telmessos. Alongside the beautiful beaches and modern resorts and hotels can be found a wide range of historical sites and ancient ruins. Dating back as far the 4th century BC, the ruins and ancient rock tombs offer a facinating insight into the rich history of this part of Turkey.

Recent fluctuations in currency throughout the Eurozone has meant that Turkey has become an increasingly popular tourist destination, as tourist look to capitalise on the lower prices for visiting the region. In fact, for the first six months of 2008, Fethiye saw an increase of over 15% in tourist visitors, a figure which is expected to increase still further in 2009.

Alongside the rapid expansion in tourist visitors to the region, the demand for property in Fethiye has increased considerably over the past twelve months, as investors and people looking for a long term holiday home look to capitalise on the lower price of property in Turkey. Today a number of luxury developments are being carried out throughout the Fethiye region, offering a wide selection of accomodation options ranging from studio apartments through to spacious villas.

More information on property overseas.

Hurghada Property – Kamareia Resort

Sunday, April 26th, 2009
Hurghada apartments for sale at the Kamareia Resort.Kamareia Resort is a luxurious, new, low-density development that is being built in one of Hurghada’s most upmarket locations – nestling between the villas of Mubarek 6, which are very popular with Europeans, and the exclusive villa district of Magawish.

As opposed the majority of developments in Hurghada which contain five floors, the buildings at Kamareia contain just three. Containing perhaps the lowest density of buildings of any development in Hurghada, the large gardens at this resort give a feeling of openness and tranquility, despite the fact that it is located right in the heart of the town.

Constructed in the classic Nubian style, similar to many of the buildings in the luxurious El Gouna resort, Kamareia features a combination of differing sizes of apartments and villas together with a hotel. Facilities including three large swimming pools, tennis courts and a health club give a variety of entertainment options inside the resort, with all of Hurghada’s many attractions just a short taxi ride away.

Kamareia Resort – Location
Kamareia Resort is located in Hurghada’s fashionable Intercontinental area, close to some of the town’s most luxurious hotels such as the Intercontinental, Steigenberger and the Hilton Resort.

To the north of the development is the villa district of Mubarek 6, home to many of Hurghada’s long term European visitors. To the south is the luxury villa district of Magawish, where many of Hurghada’s elite have made their homes.

Opposite Kamareia Resort is the popular development of Lotus Breeze. 

The area is just a few minutes walk from the southern end of Hurghada’s Village Road, which contains a wide range of entertainment options including the Hard Rock Cafe and Little Buddha.

The development is only 800m from a public beach and marina. A free shuttle bus service will connect the resort to the beach and also to Hurghada International Airport, which is well under ten minutes away from the resort.

>> More information on our range of Hurghada property.

Kamareia Resort – Features and facilities
 Three large swimming pools
 Low density development containing a low ratio of buildings compared to the large area of landscaped gardens
 Free shuttle bus service linking Kamareia Resort with the local public beach and also to Hurghada International Airport
 Sports facilities including tennis court and five-a-side soccer pitch
 Children’s playground
 Residents can use all of the facilities of the attached hotel including its bars, restaurants and coffee shops
 On site shops including a supermarket and pharmacy
 On site internet cafe
 On site medical clinic
 Health club
 Private parking spaces
 Centralized satellite television
 High speed Internet to all apartments plus wi-fi
 Public reception area
 24 hour security
 Full management service available
 Maintenance fee of USD7.50/m2 per annum (revised every two years)

Kamareia Resort – Finishing’s
 Ceramic floor tiles throughout
 Aluminium powder coated windows frames and balcony doors
 Rendered walls painted
 Internal doors with locks and architrave
 All electrical power points and light switches
 Sockets for internet and telephone
 Granite work surface in kitchen, plus stainless steel sinks with mixer taps
 Plumbing for washing machine and dishwasher
 Ideal Standard toilet, washbasin and shower
 Marble vanity shelf, extractor fan and ceramic wall tiles in bathrooms
 Pre-installation for air-conditioning

Kamareia Resort – Payment Schedule
 40% deposit payable upon contract.
 25% three months following signature of contract
 25% six months following reservation
 10% upon completion

Kamareia Resort – Completion
Completion of Kamareia Resort began in 2007. Completion of Phase One of the resort is scheduled for mid 2009. Completion of the entire resort is scheduled for mid 2011.

>> More information on the Kamareia Resort.

Property in Turkey sees increase in interest.

Tuesday, April 21st, 2009
turkey-property-investmentA recent report in the Daily Mail has been outlining the potential benefits of buying a property in Turkey, as factors such as the strength of the Euro, the relatively low cost of living, and superb climate produce a seductive combination for potential investors.

Since the relative strengthening of the Euro in relation to the pound, people looking to buy property overseas have tended to focus on countries outside of the Eurozone, with Egypt and Turkey seeing increased interest in recent months.

Stephen Hughes, Director at Foreign Currency Direct told the Mail that they had seen an increase of 36% in exchanges of Sterling into Turkish Lira. Hughes went on to say “The Turkish Lira has increased by 6.5% against the pound in the past year, which means that those who changed to lira find their money goes much further than before.”

Whilst many investors have been attracted by the opportunities in the major cities such as Istanbul, the majority of the investment from abroad has looked to capitalise on Turkey’s rapidly expanding market for tourism. In particular, resorts such as Bodrum, Fethiye and Altinkum have proven exceptionally popular with both investors and holidaymakers looking for a permanent home in the region.

Red Sea Property – The Emergence Egypt’s Red Sea Resorts

Tuesday, April 7th, 2009
red-sea-real-estateScattered along the picturesque shores of the Red Sea, the resorts of Sharm El Sheikh, Hurghada, El Gouna and Marsa Alam are now amongst the most popular tourist destinations for the large European travel market.
Every year, large numbers of visitors are attracted to the region by the superb beaches, world class scuba diving and international cuisine. These attractions, coupled with the relatively cost of travelling to Egypt (especially in relation to the Euro), have meant that Egypt is set to be the destination of choice for people looking for a summer vacation in 2009.

The dramatic increase in visitor levels to the region over the past two years, coupled with the relatively low price of property in the region has meant that property in the Red Sea resorts has become increasingly desirable in recent times, as investors seek to capitalise on the increasing investment opportunities available throughout the region.

The Red Sea resorts cover a large area of western Egypt, ranging from Marsa Alam in the far south, up to the hugely popular resort of Sharm El Sheikh on the southern tip of the Sinai Peninsula. Relatively undeveloped, the entire region offers huge scope for future development, as the resorts gradually expand along the large stretches of available coastline. It would be fair to say that it is this scope for future growth in the Red Sea which is really proving attractive to investors and property developers alike, who are beginning to look at Red Sea property as a long term investment opportunity.

Alongside the relatively low cost of property in Egypt, and the increasing levels of tourism into the country, other factors have also combined to develop the investment opportunities available. In particular, the Egyptian government has adopted a pro-foreign investment stance in recent years, which has undoubtedly paid dividends as large numbers of investors seek to capitalise on the pro-investment environment being created in Egypt. This, coupled with the increasing accessibility through the increased number of cheap flights to the region has meant a large increase in investor interest on a scale not previous seen in Egypt.
 
For more information on our range of Red Sea property, why not visit our main site at Offplanworld.tv, where we offer a wide range of Egypt property including apartments throughout Sharm El Sheikh, Hurghada, El Gouna and Sahl Hasheesh.