Horizon View Heights
Prices from GBP £23,500
Ref: Horizon View Heights
2 Bedroom(s), 1 Bathroom(s) |
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Horizon View Heights provides excellent views of the sea, mountains and desert; the project is situated in Nabq, in an elevated position affording excellent view of the bay and Teran Island. This resort caters for everyone's needs, from those wanting a simple holiday home, to those wanting to spend months under the sunshine or retire, and for those looking for a lucrative investment.
The resort will be ideal for those looking to generate a rental income with its myriad of facilities that include:-
• Direct beach access through a private beach
• Swimming pools
• Gymnasium and Clubhouse
• Close proximity to the airports, less than 20 minutes to Sharm El Sheikh airport
• Brand new shopping complex to include supermarkets, retail outlets, eateries, pharmacy and so much more.
• Roof Terrace Restaurantss
• 24 Hour Security
• Rental Management Company
• Golf course directly behind the development
• All year round season in Egypt.
Strong capital growth is expected with a project of this calibre; prices have been increasing steadily in Egypt's Red Sea resorts by about 15-25% per annum and this is expected to increase due to forthcoming rises in the cost of building materials and the minimum wage in Egypt.
Horizon View Heights is made up of thirteen blocks of apartments, of approximately 13 apartments in each block with all apartments benefiting from the stunning vista of the local area. There are a total of 175 properties for sale with a range of spacious studios, large 1 bed apartments and 2 beds of different sizes. Horizon View Heights has been designed with an obsessive attention to detail, each unit will have a large lounge area, plus kitchen, large bedrooms, hot and cold air conditioning, satellite television and a private parking space. All finished to a superb European standard by Italian architects and developer. Pricing on this resort is very competitive.
Construction commenced in May 2008, build time 24 months
Price Examples
Studios start from £23,500 with 39m2 of living space
1 bedroom apartments from £42,500 with 65m2 of living space and balcony and garden varying in size
2 bedroom apartments from £57,000 - £69,900 with 87m2 of living space and balcony and garden varying in size
A roof top terrace for any apartment can be purchased separately for £7,500
Payment Terms
50% 0n exchange of contract
25% 6 months
25% on completion Mid 2010
Inspection Trips – please call for further information
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