Stretching 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.

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.

We 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.

Isla Vista is the perfect development for buyers who want it all – buyers who are looking for absolutely stunning views over the Red Sea, private beachfront access just a few metres away, but with all of the entertainment and dining opportunities that downtown Hurghada offers just a stroll or a couple of minutes by taxi away.

Located just a few hundred metres away from the original Sheraton Hotel that was the starting point for Hurghada becoming a world-class tourist destination, Isla Vista occupies one of the best locations in the whole of the area.

Designed from the outset as an aparthotel, Isla Visa has been designed as a project for investors rather than those who are wishing to live in their apartments permanently. Investors will benefit from a 10% guaranteed net rental income for a period of ten years – the best deal of its kind on the Red Sea Riviera, with four weeks per year personal usage so you can mix business with a little pleasure as well.

Isla Vista – Location
Isla Vista occupies one of the most desirable locations in Hurghada, located close to the original Sheraton hotel on a rocky outcrop that separates the original touristic centre of Sekalla with its vibrant nightlife and multitude of dining options from the new, upmarket touristic centre that runs along the Village Road pedestrian area.

Hurghada International Airport is less than five minutes away by taxi.

Despite its very central location, Isla Vista is situated in a largely undeveloped area, offering the ideal spot for relaxation, taking in the views of Giftun Island across the blue waters of the Red Sea.

Isla Vista – Features and facilities
- Stunning sea views from all apartments
- Private beach right opposite the development
- All of the entertainment and dining options in Hurghada just a few minutes away by taxi
- Two large swimming pools plus a jacuzzi on site; another swimming pool on the beach
- Landscaped tropical gardens
- Fully equipped gymnasium
- Private moorings with dive boat available for owners’ usage
- Restaurant and bar
- Shops on the ground floor
- Centralized satellite television
- High speed Internet to all apartments
- Public reception area
- 24 hour security
- 20 years builders’ guarantee
- 10% per annum guaranteed rental returns for ten years
- No annual maintenance fees – the rental income generated from this project are all paid net of any fees
- All units are supplied on a full turnkey basis

Isla Vista – Finishings
- Floors in locally made polished cream marble effect ceramic tiles in all rooms
- Locally made ceramic tiles in kitchens and bathrooms on the walls
- Ceramic skirting boards fitted throughout
- Interiors painted in cream colour
- Interior plumbing in PVC, according to current regulations
- Outer carpentry in aluminium or wood surrounds
- Windows to be installed with double pane glass
- Electrical installation, including electricity socket points and light switches, cabling for interior and exterior ceiling and wall lights installed, according to current regulations
- Pre-installation for digital TV platforms
- Sockets for telephone, television and data, according to current regulations
- Electric water heater (boiler) 30 litre in each apartment
- Base kitchen units, stainless steel sink, granite work tops and locally made water mixer taps
- Bathroom sanitary fittings in locally made white porcelain (toilets, sinks, baths, showers) with locally made water mixer taps and extractor fans
- Interior carpentry with white lacquered wooden doors with handles in chrome/steel/brass
- Bedrooms with fitted wardrobes floor to ceiling with shelves and hanging bar
- Main front wooden door reinforced and lacquered with security lock
- Common smoke detectors and sprinkler system in all interior rooms
- Connection for air-conditioning and heating system
- All units are supplied on a full turnkey basis.

Isla Vista – Payment Schedule
- Reservation fee of USD3000
- 30% deposit upon contract
- 20% three months following contract (less the USD3000 reservation fee)
- 30% six months before completion
- 20% upon completion

Isla Vista – Completion
Construction of Isla Vista is due to commence in May 2009. Completion of the project is due by end 2010.

If you would like to find out more about this superb investment opportunity, why not contact one of our property consultants on enquiries@offplanworld.tv.

>> More information on our range of Hurghada real estate.

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.

Scattered 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.