flat, Capital Growth, Fully Managed, Tourist Letting, Investment property
Mashareq, Nabq Bay, Sharm El Sheikh Key features of Mashareq
Studios, 1 bedroom and 2 bedroom apartments availableAir conditioning connections includedThe whole project will be guarded by in house securityProperty management and rental service availablePrivate garden or private roof terrace availableMountains, Pools and Sea viewsHousekeeping service on requestSpecial discount on accommodation, food & Beverages in all Hotels owned or managed by Magic Holiday Hotels & ResortsGardening department to take care of the landscape and green areasMaintenance department Facilities
2 large, heated poolsLandscaped areas with children's playgroundBeach accessFitness Centre2 specialised restaurantsNight clubBar and CafeCommercial facilities, a supermarket, boutiques, hairdresser/ beauty salon Location
5 minutes drive from the sandy beaches of Nabq Bay10 minutes from the relaxing and sophisticated area of Soho Square15 minutes drive from the busy and vibrant area of Naama BayEasy access to / from the AirportMashareqThis project is situated in Nabq which is a few kilometres away, 10 minutes from Sharm El Sheikh International Airport and 15 minutes from Naama Bay.
The resort is already well under construction and being built on a site of 30,000 square meters with amazing views of the sea to the front of the resort and the mountains of the desert behind.
Styled in traditional Andalucian architecture, the apartments are designed to incorporate exterior space, whilst offering first rate views of the most natural surroundings. There is free allocated use of beach area with courtesy buses available.
Why Sharm el Sheikh?One of the world's most popular tourist destinations- 12.8 million tourists in 2008
- 17.0 million tourists expected annually by 2020 (Source: The Ministry of Tourism)
Growing demand for property and rentalsUp to 20% capital growth annually on property investmentsNo capital gains taxNo inheritance taxNo Government tax on property salesInterest free payment plansHigh rental demand due to 80% plus hotel occupancy and shortage of rooms for many weeks in the yearA world renowned diving destinationHuge variety of tourist attractions - historic sites, warm deep blue seas, excellent beaches, golf, quad biking, equestrian centre, ice skating and a national parkDirect flights from all major UK and European airports. Regular services from British Airways, Easy Jet, Air France, Alitalia, BMI Eurofly, KLM, Lufthansa, Jet 2, Swiss, Egypt Air, Royal Jordanian, Thomson and other chartered and scheduled airlines• Sunny all year round!