House / home, residential for sale
Opportunity Overview Studios , 1 & 2 bedroom apartments The biggest and most important city of Sinai, situated on the Red Sea One of the world’s most popular tourist destinations Growing demand for property and rentals up to 20% capital growth annually on property investments No capital gains tax, no inheritance tax and no Government tax on property sales Interest-free payment plans Huge variety of tourist attractions and a world-renowned diving destination Virtually crime-free tourist resort Sunny all year round! We sell a range of high-end Egypt Property in various locations in the Egypt. For more information about any of our developments call to speak to one of our consultants today. Egypt Property: Key Investment Points Low cost of living and very low property prices. Strong economic growth in recent years (GDP 7.1% in 2006) Government reforms and incentives for foreign investment, making the property investment process easier than ever before. Strong growth in the tourist industry due to increased air services, modernization of amenities and luxury resorts under construction. The cost of living in Egypt is far lower than in most European countries. As a result, the cost of maintaining and managing your property is very low and it is small wonder that Egypt is also increasingly popular amongst foreign property purchasers. Why Sharm El Sheikh? The biggest and most important city of Sinai, situated on the Red Sea One of the world’s most popular tourist destinations Growing demand for property and rentals Up to 20% capital growth annually on property investments No capital gains tax, no inheritance tax and no Government tax on property sales Interest-free payment plans Huge variety of tourist attractions and a world-renowned diving destination Virtually crime-free tourist resort Sunny all year round! Savanna Sharm Resort , Sharm El Sheikh Completion date:Phase 1 2011, Phase 2 2012 The jewel in the crown! A unique and stylish hotel resort development with a choice of one and two bedroomapartments and studios. The ground floor apartments willinclude a garden, the first floor units will have ceiling heightsof 5.7 metres and all will have air conditioning, fully equipped kitchens, built-in wardrobes and a high standard of finishingthroughout. Of particular interest for investors is the guaranteeof an annual rental revenue of 5% of the purchase price for a period of ten years. In addition, owners will be able to stay at theSavanna resort for a month at their preferred time of year.Located close to Shark’s Bay, facilities include four swimming pools, two artificial lakes, a health club, a spa, kids club, tenniscourts and a multi-purpose tennis court. The resort will overlookthe new Four Seasons Hotel golf course. Location The Shark's Bay area in Egypt is on top of the list as a property investment. Located idyllically in Sharm El Sheikh, Egypt's most renowned diving destination, Shark's Bay is not far from the lively Naama Bay area and only 5 minutes away from Sharm El Sheikh International Airport. Shark's Bay is a small bay that is located north of Naama Bay. This Bay consists of a rugged shoreline that drops down below the surface to a sandy canyon. There are many crevices that contain numerous soft corals and many red fish. Sharm El Sheikh is an ideal destination with the fantastic weather, year-round sunshine and scenic surroundings. Own your own piece of paradise and invest in property in Sharm El Sheikh, Egypt. Facilities The resorts multitude of services and facilities include: More than 50 shops to suit every need from clothes, shoes, kids stuff and more. Variety of restaurants with international chefs & food from every corner of the world. 24 hour security with trained personnel to make your stay as safe as possible. A fully equipped business centre is available 24/7 for your convenience. Kids club with play areas. Your children will also enjoy their stay in Savanna. A medical team is available 24/7 to assist all our Savanna guests & property owners. Tennis courts with Professional instructors. State-of-the-art Snooker lounge. Fully equipped health club The largest swimming area in Sharm El Sheikh for unmatched feeling of joy & fun. An International SPA with a unique atmosphere Round the clock room service with international & oriental dishes that suits every taste. Timelines & Infrastructure Completion date:Phase 1 2011, Phase 2 2012 Financial info Payment Structure Reservation £30,000 EGP (approx £3,000, €3,795 or $5,367 USD) 40% deposit on signing contract 60% to be paid quarterly over 33 months. Properties available in this development 2 master Gross Area: 105 m2 Net Area : 91 m2 Reception American kitchen Terrace 1 master Gross Area: 68 m2 Net Area : 59 m2 Reception American kitchen Terrace Studio Gross Area: 42 m2 Net Area : 37 m2 1 bedroom 1 bathroom Kitchenette About us At International Property Mole we believe that knowledge is everything. It is why we present every development after full research ensuring our customers see only the best properties available in the most stunning locations worldwide. Join the growing number of buyers who are benefitting from the International Property Mole approach to overseas property & investments.