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Archive for the ‘Hurghada’ Category

Sahl Hasheesh – Luxury on the the Red Sea

Sunday, January 10th, 2010

Azzurra Red Sea pool at nightStretching out over twelve kilometres of one of the Red Sea’s most beautiful bays is the stunning new resort at the Sahl Hasheesh. With it’s world class hotels, superb architecture and welcoming sandy beaches, the Sahl Hasheesh typifies the very essence of a luxury lifestyle in Egypt. All of this, coupled with the warm, year round climate which ensures that Egypt was one of the world’s leading tourist destinations last year. 

What is different about the Sahl Hasheesh however, is that this resort is newly created, and considerable time and effort has gone in to making sure that the resort will become one of the Red Sea’s most popular and exclusive tourist destinations. Just a short stroll through the centre of the Sahl Hasheesh opens a world luxury hotels and developments, interspersed by boutique shops, restaurants and bars. Indeed the infrastructure of the Sahl Hasheesh is now entirely completed, and new developments are opening up all the time.

The resort itself is located just north of the already popular resort of Hurghada, and indeed the international airport is just twenty kilometres away from the Sahl Hasheesh, ensuring the resort is merely a few hours travel time from the majority of major European travel hubs.

Today, people looking to buy property in the Sahl Hasheesh have a wide variety of developments to choose from, and already resorts such as the Azzurra Red Sea Resort, The Veranda and The Ocean Breeze have proven popular with investors and holiday home owners alike.

As the resort becomes increasingly popular, it is highly likely that more new property developments will be announced. We will of course keep you updated with news of any new property for sale in the Sahl Hasheesh. For anyone who would like to find out more information on our range of real estate in Egypt, you can of course visit our main site at Offplanworld.tv.

Red Sea Property Has Something For Everyone

Wednesday, November 25th, 2009

Egypt real estate, particularly on the Red Sea Riviera, is famed for being among the least expensive in the world. Note the use of least expensive; in marketing circles it is frowned upon to use the word cheap, but that is not why I have avoided it here. I have avoided it here because Red Sea property is not cheap; it is a bargain because of what you get for your money.

Egypt is one of the fastest growing tourism hot-spots in the world. In an interview with Write About Property earlier this year, the Association for British Travel Agents said that tourism to Egypt from Britain had been growing at around 20% per year for the last few years, and forecast that this would accelerate to 25% this year, as the strong Euro forces people to look outside the Eurozone for cheap holidays.

The Red Sea Riviera encapsulates some of Egypt’s fastest growing tourism hot-spots, most notably Sharm el-Sheikh and Hurghada. In both of those locations you can find the best investments and holiday homes that Red Sea property, and arguably Egypt real estate as a whole has to offer.

The average price for a 2 bedroom luxury apartment on the Red Sea Riviera is under £40,000. The average rent on one of those properties would be about £300 per week. Owners of Red Sea property are currently achieving 15-20 weeks occupancy per year. Doing the calculations from those figures the average rental yield on property on the Red Sea Riviera is 12.5% gross.

It is little wonder then that most Red Sea properties for sale right now are offering very impressive guaranteed rental yields of 8% and upwards.

But Red Sea property comes with another massive benefit.

“Most of the Red Sea Riviera is a National Park, or belongs to some protectorate, both under water and on land. Desert and marine life are protected by a number of laws, and visitors not abiding to the regulations may be subjected to heavy fines.” Source Wikipedia.

Therefore, anyone buying Red Sea property can do so safe in the knowledge that the area will never be over-developed. This also means that demand will continually outstrip supply, which will put massive upward pressure on Red Sea property prices long into the future.

Most people buying Egypt real estate — like most places — at the moment, are doing so on a fly-to-let basis, because the crunch showed everyone that capital values can go down as easily as they can go up. None the less, the potential for capital growth will always be a factor in the decision making process. So adding the protected area reinforcement of the potential for capital growth, to the impressive rental yields mentioned above, Red Sea property offers a pretty powerful investment package.

That is before we even mention the things that the tourists come for: the fantastic climate, great beaches and world renowned marine life that attracts scuba divers from all around the world, which make Red Sea property perfect for lifestyle buyers also. All in all you could say property on the Red Sea Riviera has something for everyone.

Nour Plaza – Hurghada apartments for sale from just £15,547!

Thursday, October 8th, 2009

Nour Plaza4We are pleased to announce the launch of the new Nour Plaza development in Hurghada, on the shores of the beautiful Red Sea in Egypt.

Offering a range of studio’s, one, two and three bedroom apartments for sale in Hurghada, the Nour Plaza is also offering free furniture packs worth approximately £4,500.00 for all purchases in the development before the end of November.

The Nour Plaza development is situated just a few minutes drive of the popular resort of Hurghada, and just ten minutes south of the exclusive El Gouna resort, ensuring residents of the Nour Plaza can easily experience the very best the Red Sea has to offer.

With the spacious studio’s currently on offer from just £15,547, the apartments in the Nour Plaza represent an excellent investment opportunity.

If you are currently considering buying property in Hurghada, why not take a look at the Nour Plaza, and discover one of the Red Sea’s best investments!

>> More information on the Nour Plaza.

One Bedroom Apartments In Hurghada At The Florenza Khamsin

Tuesday, May 19th, 2009
florenza-khamsinWhat are you looking for from the perfect Hurghada property? Private beach access? Sea views? Close to all of the facilities in downtown Hurghada? Affordable prices starting from under £24,000?

If your answers to the above are yes, yes, yes and yes, then the right development for you is most certainly going to be Florenza Khamsin, an exciting new development in Hurghada’s Arabia district, a quieter part of Hurghada but still only five minutes by taxi from the vibrant heart of the town.

Florenza Khamsin is basically two resorts in one, divided by a road. The first phase of the development, which is separated from the rest of the development by a road, has recently gone on sale. The second phase, which is right on the beach, will be a luxury hotel. Both phases share all of the same facilities, most noteable of which is its private beach – a real rarity in central Hurghada these days.

In summary, Florenza Khamsin is an excellent choice for both the holiday home buyer and investor alike. Holiday home buyers will love the resort’s private beach together with the fact that it is only 5 minutes away from the vibrant heart of Hurghada. Investors will love the fact that Florenza Khamsin offers a Guaranteed Rental program, with returns of 8% per annum available.

Florenza Khamsin – Location
Florenza Khamsin lies right in the centre of Hurghada’s Arabia district, containing many of the most popular hotels in Hurghada, such as the Grand Azur, Arabia and El Palacio resorts and benefits from being quieter than the main tourist centres while providing excellent sea views.

All of the entertainment facilities of downtown Hurghada are less than five minutes away by taxi, including the trendy new Hurghada Marina which features a host of luxury shops and restaurants.

Divers will appreciate the fact that many of the most popular docks for diving boats are within walking distance of Florenza Khamsin. Hurghada’s historic fish market, boatyards and the ferry to Sharm el-Sheikh are also within strolling distance.

Hurghada International Airport is also only a ten minute taxi ride away from here.

Florenza Khamsin – Features and facilities
- Private beach access
- Sea views for many apartments
- Several swimming pools
- Landscaped tropical gardens
- Kids’ Beach Club
- 10 year construction apartment warranty
- Reception and concierge service
- Fitness centre, spa and beauty sections
- Water sports a centres including diving, snorkelling, kite and wind surfing
- Restaurants offering a variety of cuisines including a beach bar and grill
- Shopping area containing numerous retail outlets plus an Internet cafe and a branch of HSBC Bank
- Wifi and cable TV to all apartments
- Laundry service which also offers rental changeovers
- Pickup service including airport collections
- Key handling rental management service
- Full post service maintenance and repair service
- Manned 24-hour gated security
- Guaranteed Rental Scheme offering 8% annual return with two weeks’ personal usage or 6% annual return with four weeks’ personal usage.

Annual maintenance fees:
Studio – £400, One-bedroom – £500, Two-bedrooms – £600, Three-bedrooms – £700

Florenza Khamsin – Finishing
- Polished ceramic tiles throughout
- Tiling in bathrooms and kitchens
- Windows and doors installed throughout
- Rendered walls painted
- Electrical installation with power points and light switches
- Pre-installation for digital TV and telephone sockets
- Fitted base units, stainless steel sink with mixer taps and worktop in kitchen area
- White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer taps

Florenza Khamsin – Completion
Construction of Florenza Khamsin started in in November 2008. Construction is scheduled for completion in June 2011.

>> More property in Hurghada.

Remember, through our newsletter we occasionally send out information on special offers on property in Turkey which have been launched by our network of partners. If you would like to subscribe to this newsletter, simply complete our short form.

Florenza Khamsin – New Investment Opportunity in Hurghada

Monday, May 18th, 2009
florenza-khamsin-swimming-poolThe Florenza Khamsin is an exciting new development situated in the Arabia district of Hurghada. A quieter part of Hurghada, the resort is still only five minutes by taxi from the busy and vibrant centre of Hurghada town.

The Florenza Khamsin is split into two main resorts. The first phase of the development has only recently gone on sale, whilst the second phase, which is located right on the beach is set to become a luxury hotel. The two resorts will share the same facilities, which include a superb swimming pool and their own private beach. 

The Florenza Khamsin is set to prove popular with holidaymakers and investors alike. A guaranteed rental program, which is offering a return of 8% per annum is likely to prove popular with investors, whilst holidaymakers will love the resorts private beach and the fact that it is just 5 minutes from the heart of Hurghada.

The resort is offering a range of accommodation types ranging from studio apartments up to 3 bedroom units.

Studio apartment – from £21,711
One bedroom apartment – from £36,748
Two bedroom apartment – from £41,447
Three bedroom apartment – from £118,991

The resort is located just 10 minutes drive from the international airport in Hurghada. Construction of Florenza Khamsin started in in November 2008. Construction is scheduled for completion in June 2011.

Remember, through our newsletter we occasionally send out information on special offers on property in Egypt which have been launched by our network of partners. If you would like to subscribe to this newsletter, simply complete our short form.