Off Plan investment in the LARGEST SHOPPING MALL IN THE MIDDLE EAST (New Cairo)!Why Egypt??Growth of 40-60% in the last 2 years, with the implementation of tax reforms in favour of foreign investors [no stamp duty, no CGT, no inheritance tax].?Staggering economic growth happening at the moment, with the Egyptian Stock Exchange showing extreme worldwide success and competitiveness.?Excellent weather all year long. Natural beauty and ancient civilization. Historically proven as a prime holiday's destination and an attractive retirement home destination. [Over 10 Million tourists annually, over a million from the UK alone]?Population of around 80 Million, with high fertility and an amazing population growth.Why New Cairo??New urban development known as the ?Land of Gold?, mainly focusing on luxury.?Already attracted the wealthiest 1% of the Egyptians. This new town has been the choice of the High Society of Egypt, from Member of Parliament, doctors, bankers, etc??Expected to have 3mill resident population by 2013.?This plot has a perfect mix, comprising of a gated villa development with 1,000,000sqft park, a French style apartment complex with boutiques and cafes on the ground floors and largest shopping mall in the Middle East designed to be overlooked by commercial office space.This retail complex in New Cairo is the biggest retail destination in the Middle-East. Set within a landscaped environment, this exhilarating lifestyle offers you the luxury of capturing nature's beauty alongside indulging in the best shopping experience. Inspired by the classic urban style of the great olden cities, it adapts an architecture that's a fusion of Mediterranean warmth and Classical sophistication. Two spectacular buildings with a public park in the center, beautiful courtyards, fountains, street-side cafes, restaurants and sidewalks facing the park.Complemented by the finest privileges that mark this ultimate lifestyle, your distinctive lifestyle will offer unparalleled boutique opportunities so that you can make the most from life. Be it by shopping at the varied choice of stores, unwinding over a cup of coffee with friends or spending quality time with the kids at the food court. This is life at its very best.- Retail area faces the public park and inner courtyards giving life to an arcaded and shaded piazza- Food courts and restaurants- Anchor stores- Basement parkingOffices/Retail Units starting from 60sqm at EGP 1,343,000 = approx. Euro 159,442 or STG 126,756.Features:- Fully licensed and bonded Estate Agents (S1229A). Authorised by the Financial Regulator - A004235/06- Amazing Investment Product- Wide selection of properties available- Call into our offices for further details!- Phone us for more infoTo request further details please use the Contact Us link below.To view more properties from Locations click the 'More Properties' link below. Other For Sale in Cairo Al Qahirah Egypt find Cairo properties

The Opportunity Landmark residential apartment block in prime central Hurghada location Hurghada is Egypts second largest Red Sea tourist centre (behindSharm El-Sheikh). In 2006 the region attracted some 250,000 internationaland domestic tourists. All year round rental opportunities: ideal location and facilities tocapitalise on stable residential rental market (e.g. managers of localhotels), therefore significantly reducing risk of rental void periods Zero non-construction risk - development completed. Pay off-plan prices(due to substantial refurbishment) without normal lead time-apartmentsready for occupation six months from date contract is signed Relative value in respect of price: apartments available from 479 persquare metre. Comparable developments in Sharm El-Sheikh are circa 30%more expensive Very high specification apartments (to European standards) with upperfloors benefiting from panoramic views of Hurghada and direct Red Seaviews Less than 5km from Hurghada International Airport All relevant due diligence undertaken Favourable tax jurisdiction for foreign investorsKey Points for Potential Investorsand TenantsTranquilia Town Apartments sit atop a shopping mall on Sheraton Road in El Sakkala -Hurghadas new town. The development is set one row back from the sea and amongsta cluster of hotels (El Pacha, Sea Gull and Mina Mark hotels are its neighbours).The locality is extremely well-served by buses, taxis and ferries, and all local attractions/amenities can be easily reached. The airport is just a short taxi or bus ride away, whilstCairo lies around 450km north.One, two and three bedroom residences are available for investors at Tranquilia TownApartments. Please note the following: apartments are finished to an exceptionally high standard. Sea views from some apartments 24 hour Reception and security room service will be available air conditioning, satellite TV, dishwasher, microwave, fridge, washingmachine and direct-dial phone included Wireless internet access (for a small fee) roof top Jacuzzi and bar, sun lounging areaInvestment BreakdownTwo ExamplesThe examples reflect a 73sqm & 125sqm apartment, both of which are suitable for twoor more people staying on a medium/long term basis.Rental income is calculated to accrue from a 9 month period (allowing for 25% nonoccupancyduring the year). Rental income could be significantly higher (ie 25% higher)if your apartment(s) are occupied year-round.Example 1Rental example on a 35,000 apartmentBasis of 40 week occupancy 70/30 Client/Agency splitWeekly rent 100.00Gross rental 4,000.00Agency fee 1,200.00Net rent received 2,800.00 - 8% rental yieldCosting:Core cost of apartment 35,000Legals 1,000Furniture pack Available on requestGovernment Purchase Fee 300Example 2Rental example on a 60,000 apartmentBasis of 40 week occupancy on a 70/30 Client/Agency splitWeekly rent 156.00Gross rental 6,240.00Agency fee 1,440.00Net rent received 4,800.00 - 8% rental yieldCosting:Core cost of apartment 60,000Legals 1,000Furniture pack Available on requestGovernment Purchase Fee 300Note:The summary is based on a 73 & 125 Sqm apartments, two bedrooms, therefore suitablefor two or more people staying medium/long term in the apartment. This is based on arealistic rental over a 9 month medium term rent allowing for 25% downtime of rentalincome during the year.Pooled rentalThe management company will pay out received rental to investors on a pooled rentalbasis each and every 6 months, after the initial 6 months refurbishment period totheir nominated bankers. The apartment must be made available to the managementcompany for it to be part of the pooled rental scheme then the rental income is sharedequally between the apartments on a square meter basis. Therfore if for any reason, ofthe total apartments that are available for rental, an apartment is not rented out for aperiod of time, it still earns rental income on a shared basis as the investment is partof the re