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From the land of legends, a guaranteed 7% return!
Egypt is emerging as one of the world’s favourite tourist destinations and Fly2Let investors know that where there is growth in this sector, opportunities for sound investments will be prevalent. Finding the right investment with all the necessary legal and planning completed is of paramount importance as is the credibility of the developer. Golden Park is a fantastic opportunity that Fly2Let investors should consider.
The project is being developed by Kimidar Group, Egypt’s second largest tour operator with an existing infrastructure of Hotels and Resorts, which currently services some 4,000 visitors per week at Golden 5 City, Hurghada where occupancy rates are above 85%. In addition, the resort is conveniently located 5km from the new Hurghada £66m airport terminal scheduled for completion in 2011 upon which, arrival capacity will increase from 6.7million to 7.5million passengers.
The Golden Park Resort is an award winning 5 star luxury resort and spa development under construction and located next to Kimidar Group’s largest resort Golden 5 City. This volume of tourism activity that Kimidar Group generate will allow for strong returns and the residential turn-key units are available with a 7% sale and leaseback contract, which also offers owners 4 weeks personal usage.
The properties on offer are Studio, 1/2 Bedroom Apartments and Penthouses through to a range of Villas and prices start from just $69,000. Prices include furniture and when buyers assign the property back to Kimidar Group they will receive a 5 year renewable rental guarantee at 7%.
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ANCIENT SANDS RESORT, EL GOUNA, EGYPT
Ancient Sands is a brand new luxury residential gated golf
resort located in El Gouna, the premier leisure destination
on Egypt’s Red Sea Riviera. Pre-launch of this exclusive
development is now open with studio, one and two bedroom apartments
and two bedroom townhouses available.
Key Features
•
18-hole Karl Litten designed golf course
• Views
over the lagoons, Red Sea, golf course and crimson mountains
• Holistic
spa and fitness centre
• Delicious
restaurants and bars
• Children’s
facilities
• Stunning
swimming pools
Why Invest In Ancient Sands Resort?
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Prices 10% below launch prices
• 20% annual growth in
El Gouna since 1999
• 6% rental guarantee for
two years with 45 days own use per annum
• 20% on exchange, 20%
after 6 months, 60% at completion
• Mortgage finance availability
• One year complimentary
membership to Quintessentially, the leading global concierge
service
• Strong local and international
resale market
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Principal International is independent and part of the Principal
group of companies, founded in 1991. Our aim is to guide
clients through the whole process of investing in property.
With an established background within the UK sector, our
Directors identified the considerable opportunity that the
overseas market could provide to property investors.
We research the global markets for the best property investments,
with the aim to assist in the building of a balanced portfolio,
whether looking for capital appreciation, yield, or a balance
of both. We are focussed on satisfying our clients desire
to acquire investments that deliver outstanding performance.
Part of this process is to provide introductions to property
products that offer a diversity in market, currency, timescale
& risk.
Principal International, in addition to sourcing excellent
projects, also provide assistance with the sourcing of finance,
currency exchange, property management and other services.
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Established beach front
hotel rooms, central Hurghada, complete November
08, ten year rental guarantee of 6% net & 8% net,
60% LTV finance available
Contemporary designed luxury
resort with many facilities & private beach
5 year 8% rental guarantee in Hurghada
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Egyptian Experience is a dual nationality company with offices
in UK and Egypt. It is one of the fastest growing Real Estate
companies for property investment and development in Egypt.
Egyptian Experience is building and developing apartments
in Sharm El Sheikh and Hurghada. We have our own furniture
factory producing furniture for apartments and villas.
Egyptian Experience also has its own travel company offering
a bespoke service for business and pleasure.
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Sharm
El Sheikh
All the year round sun – no
humidity – no rainy days,
Luxor
5 star resort, On
the bank of the
Nile in the centre of Luxor.
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