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Posts Tagged ‘Egypt’

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.

Monna Sharm Resort in Sharm El Sheikh

Friday, January 8th, 2010

Monna Sharm 1The Monna Sharm Resort is the latest development to be launched in the increasingly popular Nabq Bay region of Sharm El Sheikh in Egypt. Offering a wide selection of accomodation units, ranging from luxurious studios through to spacious two bedroom apartments, the Monna Resort offers some of the best value property in Sharm El Sheikh available.

The resort offers residents a wide range of amenities including communal swimming pools, a health club, a four star hotel, 24 hour security, a supermarket, clinics and shops. With prices starting from as little as £18,837 for a studio, it is easy to see why the Monna Sharm Resort has created considerable interest since it’s recent launch.

  • Studios (38 sqm) – £18,837.00
  • One bedroom (56 sqm) – £27,337.00
  • Two bedroom (78 sqm) – £43,516.00

If you would like to find out more about our range of off-plan property, or the Monna Sharm Resort in Sharm El Sheikh, why not visit our main site at Offplanworld.tv.

For more information on Sharm El Sheikh.

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.

Red Sea Beach Resort in Marsa Alam

Tuesday, March 17th, 2009
red-sea-beach-resort-1The Red Sea Beach Resort is situated along a stunning stretch of Egypt’s beautiful Red Sea coastline. Offering a wide range of accommodation options ranging from one and two bedroom apartments, through to the luxurious Beach Lodges, the Red Sea Beach Resort caters for every investment budget.

Described as a tropical paradise, Marsa Alam is a developing tourist resort which has managed to retain much of its original fishing village charm. For fans of scuba diving, Marsa Alam offers a world class dive sites on your very doorstep. With its very own PADI dive centre, you will have a chance to sample the underwater splendours of this beautiful part of the Red Sea.

Only the highest quality materials have been used during the construction of the Red Sea Beach Resort, and all properties are finished to the very highest standards. From the spacious one bedroom apartments, through to the luxurious beach lodges, the Red Sea Beach Resort utilises the highest standards of local craftsmanship.

Red Sea Beach Resort – Key Considerations
- Apartments starting from just €29,990
- 10 year rental bank guarantee at 8%
- Freehold Ownership
- Five weeks personal use each year
- Resort under Dutch management

>> More information on the Red Sea Beach Resort

Property in El Gouna

Thursday, March 12th, 2009
el-gouna-marina1Over the course of the past twelve months, an increasing number of investors have shifted focus away from the traditional markets such as Dubai, Turkey and Spain, and have begun to focus on the new investment opportunities which are becoming available along Egypt’s stunning Red Sea Riviera. Just a short four hour flight from mainland Europe, and offering a superb, year round climate, Egypt is rapidly becoming one of the most sought after property investment locations. 

All along the Red Sea coastline, resorts such as Sharm El Sheikh, Hurghada and Sahl Hasheesh are seeing high quality developments being launched on an almost regular basis. Alongside these large scale resorts is the new development at El Gouna, an award winning development which truly encapsulates the very best of property investment in Egypt.

Situated on a 10km stretch of beautiful beach, just 20 kilometres north of Hurghada, El Gouna offers a selection of beachfront property in one of the Red Sea’s most desirable locations. Covering a total of 37 million square metres, and offering a wide selection of amenities and facilities, El Gouna is designed for the more discerning visitor. Already home to 14 luxury hotels and boutique spa’s, El Gouna offers a range of accommodation including spacious studios and apartments, through to luxury family villas and townhouses.

A number of superb new developments have already been announced at El Gouna, including the stunning new development at Ancient Sand Resort.

If you would like to find out more about investing in property in El Gouna, why not visit our main site at www.offplanworld.tv.