Property for sale Hurghada, Egypt

Property reference

Lotus Breeze 1 Bed

Property particulars

Prices from
GBP 22,500

Bedrooms:	1	Tenure:	Freehold
Bathrooms:	1	Property age:	Off Plan/ under construction

Property description

AN IDEAL OPPORTUNITY TO INVEST IN EGYPTS RAPIDLY EMERGING PROPERTY MARKET FROM AS LITTLE AS �14,500

A gated European style development Lotus Breeze is situated within the Intercontinental area of Hurghada, located behind the Hilton Hotel and less than 50 meters from the main promenade leading to the beach. The complex will consist of luxurious studios, one, two and three bedroom apartments complete with their own private terraces and stunning views from almost all apartments. Lotus Breeze is within easy reach of the promenade providing you with a wide range of international eateries, bars, shopping malls, nightlife and much much more.

From the creative layout of the apartments to the full complement of the recreation facilities available to residents, everything at Lotus Breeze has been created with convenience and lifestyle in mind.

Key Features:
� Freehold apartments
� Spectacular views of the Red Sea
� High Capital appreciation expected
� Easy payment plan
� Rental and maintenance service
� Communal roof top terrace with swimming pool, bar and restaurants
� 10 minutes from Hurghada International Airport
� Luxury furnishing packages available

COMPLETION DATE: 2009

Location:

Hurghada is split into three main districts: Dahar (old downtown), Sakalla (new downtown) and Village Road/Intercontinental area (hotel and residential district).
Lotus Breeze is located in the Village Road area which is one of the quietest places in Hurghada. You will be surrounded by opulent and luxurious resorts such as the Hilton, Intercontinental and Grand Plaza; there are shops, restaurants and bars. Hurghada International Airport is just 10 minutes away.

Features:

� Roof top swimming pool/bar & restaurants
� Private Terrace
� Landscaped gardens
� Spectacular views of the Red Sea
� On-site management service
� Supermarket
� Pharmacy
� Coffee Shop
� Health Club
� 24 hour Security
� Internet
� Freehold

Prices:

Studios From �14,500
1 Bed Apartments From �22,500
2 Bed Apartments From �33,500
3 Bed Apartments From �51,500

Payment Plans:

Reservation Fee �1,000 Fully Refundable within 28 days
1st Installment 40% On signing Contract
2nd Installment 30% 10 to 12 Months later
Final Installment 30% On Completion
Mortgage Option:
Reservation Fee �1,000 Fully Refundable with 28 days
Deposit 40% On signing Contract
1st Installment 30% 10 to 12 Months later
Balance (Mortgaged) 30% Mortgage available. Subject to status
The Lender is able to release 35% Equity as cash back, effectively mortgaging the
property for 65%.

Mortgage term between 5 and 12 years.

Hurghada

Egypt is one of the world�s top 5 destinations. In 2005, Egypt registered over 8.5 million tourist arrivals, making it the most emerging destination within the Middle East region at present. The popularity of Egypt as a year round holiday destination combined with the extremely low entry levels for property has prompted international investors and developers to concentrate their efforts in this location. With its unique geographical location, Egypt attracts visitors from the UK, Germany, Russia, America as well as from other parts of the Middle East.

The developments that are planned within Hurghada and some surrounding areas will elevate Egypt to be amongst the most luxurious resorts in the world. Hurghada offers something for everyone, permanent summer weather and leisure activities, including scuba diving, desert safaris and golf, making this the most popular resort in Egypt. It presents a great opportunity for cultural, historical and recreational tourism. Nearby are the stunning resorts of Sahl Hasheesh and El Gouna, both exclusive destinations with sublime views of the desert and mountains.

Hurghada, also known as Al-Ghardaka in Arabic, is a truly unique and fascinating place to visit. Hurghada was founded in the early 20th century, and until a few years ago, remained a small fishing village. But today, with over 20km of spectacular sandy white beaches it has gone on to become the foremost tourist resort of the Red Sea coast and an international centre for diving and aquatic sports. Hurghada is situated approximately 300km from Luxor, famous for its ancient temples, tombs and the Valley of Kings. The city of Cairo is 500km away, famous for its Great pyramids, the Egyptian Museum and the Sphinx.

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