Located in Hurghada on the shores of the Red Sea Riviera will stand Desert Pearl Beach Apartments. Available to purchase now off plan, apartments within this project represent a fantastic investment opportunity to own luxury freehold property in a vibrant tourist location and emerging property market with prices from £19,800.

Egypt is a land of ancient civilizations and monumental historical sites. Its history spanning 7000 years makes is probably one of the oldest vacation spots in the world. Early Greeks, Romans and others journeyed here for leisure and to marvel at the wonders of mankind’s earliest triumphs.

4 ½ hours direct flight from the UK the Red Sea Riviera has fast become a community of mixed nationalities and cultures and is establishing itself as a luxury tourist destination with competitive prices for holidays.

These apartments are only 200m from the pearl white, sandy beaches and shopping district. It consists of 226 gated, European style terraced apartments with communal tropical gardens, pool bar and swimming pools.

The complex will provide year round services. These are: maintenance, gardening and laundry services. The ground floor will house private facilities including a fully-equipped gymnasium, games room and internet café/business centre. On site management will take care of all rentals for the investor and ensure a profitable return per annum.

There are studio, 1, 2 and 3 bedroom apartments all with balconies or terraces most with sea views with sizes from 474 sq ft to 1,284 sq ft. The internal space of the apartments has been designed to dispense natural sunlight. Open plan kitchenettes will provide owners with the maximum feeling of space within their apartment.

Close by an abundance of day and night time activities beckons visitors. Hurghada itself is reputed to be one of the Worlds best diving locations, with its crystal clear waters, living creatures, reefs and coral formations. Nighttime provides a number of restaurants and bars including Hard Rock Café which is close to the resort.

There are no restrictions on real estate purchase in Egypt for foreigners with clear land title available and freehold property. There are no purchase taxes, Stamp Duty, Capital Gains Tax, or Income Taxes payable which makes Egypt an attractive prospect for real estate investment.

Investors who purchase at Desert Pearl Beach Apartments will see a rapid increase in equity during the construction of the development. We foresee capital growth in the region of 20% per annum for the next 3 to 4 years and rental returns of 11% to 22% per annum and on site management will take care of all rentals for the investor.

Completion of Desert Pearl Beach Apartments is set for late 2008/early 2009.

Prices from £19,800 to £41,850 – 60% Finance Available

10% deposit required to secure a unit

Balance of 40% deposit required within 21 days free lifetime membership to Lifetime Lawyer worth £3,995 which will cover completion and legal costs (£0 legal fees for this international transaction) only 15% management charge on rental income.

For further information, please complete an enquiry form or
telephone +44 (0) 121 314 8110 or 0800 021 76 88.

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