"Property For Sale in Egypt,

Overview

 

 

 

AN IDEAL OPPORTUNITY TO INVEST IN EGYPT'S 

 RAPIDLY EMERGING PROPERTY MARKET   

60% LTV MORTGAGES AVAILABLE

 

Completion Date:   August 2009

A gated European style development Lotus Breeze is situated within the Intercontinental area of Hurghada, located behind the Hilton Hotel and less than 50 meters from the main promenade leading to the beach. The complex will consist of luxurious studios, one, two and three bedroom apartments complete with their own private terraces and stunning views from almost all apartments. Within easy reach of the promenade providing a wide range of international eateries, bars, shopping malls, nightlife and much much more.

From the creative layout of the apartments to the full complement of the recreation facilities available to residents, everything at Lotus Breeze has been created with convenience and lifestyle in mind.

 

Key Features:

• Freehold apartments
• Spectacular views of the Red Sea
• High Capital appreciation expected
• Expected Rental Yields of 11% - 23% p.a.
• Easy payment plan
• Mortgages available up to 60% LTV
• Rental and maintenance service
• Communal roof top terrace with swimming pool, bar and restaurants
• 10 minutes from Hurghada International Airport
• Luxury furnishing packages available

 

Lotus Breeze has been developed with the environment in mind

• A pre-build Environmental Impact Assessment was carried out
• A local Brownfield site was used
• A low amount of embodied energy has been used in construction
• Using locally sourced building materials and energy efficient glass
• Water for the site is sourced from a desalinisation plant
• Solar thermal heaters have been used
• Carbon offsetting has been carried out through extensive planting of tropical gardens on site

Hurghada

Egypt is one of the world’s top 5 destinations. In 2005, Egypt registered over 8.5 million tourist arrivals, making it the most emerging destination within the Middle East region at present. The popularity of Egypt as a year round holiday destination combined with the extremely low entry levels for property, has prompted international investors and developers to concentrate their efforts in this location. With its unique geographical location, Egypt attracts visitors from the UK, Germany, Russia, America as well as from other parts of the Middle East.

The developments that are planned within Hurghada and some surrounding areas will elevate Egypt to be amongst the most luxurious resorts in the world. Hurghada offers something for everyone, permanent summer weather and leisure activities, including scuba diving, desert safaris and golf, making this the most popular resort in Egypt. It presents a great opportunity for cultural, historical and recreational tourism. Nearby are the stunning resorts of Sahl Hasheesh and El Gouna, both exclusive destinations with sublime views of the desert and mountains.

Hurghada, also known as Al-Ghardaka in Arabic, is a truly unique and fascinating place to visit. Hurghada was founded in the early 20th century, and until a few years ago, remained a small fishing village. But today, with over 20km of spectacular sandy white beaches it has gone on to become the foremost tourist resort of the Red Sea coast and an international centre for diving and aquatic sports. Hurghada is situated approximately 300km from Luxor, famous for its ancient temples, tombs and the Valley of Kings. The city of Cairo is 500km away, famous for its Great pyramids, the Egyptian Museum and the Sphinx.