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1 Bedroom Apartment Sharm El Sheikh Egypt

Price range of EUR €46,200

Ref: Sunrise Heights Sharm El Sheikh Egypt

1 Bedroom(s), 1 Bathroom(s)
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1 Bedroom Apartment Sharm El Sheikh Egypt - Picture 1









ONE BED PROPERTY IN SHARM EL SHEIKH EGYPT

Prices From EUR46,200 to EUR97,640

The Closest Residential Complex to Naama Bay.

INVESTMENT PROPERTY HIGHLIGHTS

� Excellent tax benefits, low property tax and no capital gains tax
� Low purchasing costs
� Capital Appreciation of 20-30%
� Superb rental projections with rental yields of 8% - 10%
� High demand for local rental accommodation
� Exit strategy due to established tourism industry
� Uninterrupted sea views
� Management company on site
� Easy air access
� All year round warm climate
� Built to European Standards by a reputable developer

LOCATION
Located on a primary piece of land overlooking Naama Bay in the heart of Sharm El Sheikh, lies Sunrise Heights.Situated in the already established tourist destination of Sharm El Sheikh, Sunrise Heights offers investors the chance to purchase in an area with a high demand for residential accommodation, with excellent tax benefits and capital appreciation of 20-30%.


PROPERTY SUMMARY
Sunrise Heights is a low rise, low density development featuring 44, 1 and 2 bedroom units varying in sizes from 53m2 � 80m2. The apartments are set in beautiful gardens with three communal swimming pools. All apartments will have a balcony with stunning views of either the sea, bay, desert, Sinai Mountains or communal grounds. They are fitted with hot and cold air-conditioning units, wireless internet and satellite television. Interior and exterior finishes are of a high European standard with particular attention given to the kitchen and bathrooms.


PAYMENT PLAN

�3000 reservation deposit
�550 Administration Fee on reservation
30% on signing of contract
15% after 3 months
15% after 6 months
10% after 9 months
30% on completion (September 2009)

PRICES WILL INCREASE BY 5% ON 15TH FEBRUARY 2008

More property photographs

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