Central Loction - The project is located on a prime piece of land immersed in green areas and overlooking Naama Bay, the heart of Sharm El Sheikh.
1 & 2 Bed Apartments are set in beautiful gardens with 3 swimming pools.
Prices from £34,845
Air-conditioning included.
European developer, constrtion to european standards.
INVESTMENT OR LIFESTYLE PROJECT
Estimated rental returns of up to 12.9%.
Capital Appreciationin Egypt is 20% -30%
Established tourist industry accounting over 9 million tourist per year, with the goal of 14 million by 2014
Hotel occupancy rate in Egypt is 86%
No Capital Gains or Inheritance Tax
Low Income tax. No VAT on property purchases
No restrictions on movement of Capital
Increased inward investment, creating a rich investment climate
The developer will have its own on site Management Company which will handle the renting the apartments,
Reservation deposit is fully refundable for 30 days


An excellent investment opportunity on Egypt’s Red Sea Coast

Sunrise Heights, Naama Bay, Sharm El Sheikh - Prices start as low as €46,200

20% - 30% achieveble capital appreciation
Excellent Rental Projections
High demand for residential accommodation
Exit strategy due to established tourism industry
Closest residential complex to Naama Bay
Built to European Standards
Why Egypt?

Egypt is one of the most appreciated and well known tourist destinations in the world. Sharm El Sheikh is one of the best known tourist destinations in Egypt and an investment hot spot. It is situated on the southern point of the Sinai Peninsula.

Low property prices with low cost of living and maintenance costs
Steady year-on-year capital appreciation of between 20-30%
Excellent rental yield of 8%- 10%
Steady annual growth in tourist figures
Low property tax and no captial gains tax
No Egyptian inheritance tax
Streamlined purchase process
Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
Warm desert climate with temperatures ranging from 20°C in winter to 35°C in summer creating a year-round tourist season
Politically stable country
Increased inward investment, creating a rich investment climate.
Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists
Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location
Cairo International airport is being modernized
Sharm El Sheikh Investment

Prices of property in Sharm El Sheikh are notably lower than in Europe, with constant annual growth thanks to the investment boom on the Red Sea.

Large increase in the demand for long term rentals which guarantees a stable annual income
Shortage of quality residential accommodation
Excellent rental opportunites both long and short term
Rental management already in place
No VAT on property purchases
Excellent capital appreciation
World class dive sites
Short flight from Europe
All year round warm climate
Low purchasing costs
No capital gains tax
A first class tourist resort in a superb location with excellent investment potential

The project is located on a prime piece of land immersed in green areas and overlooking Naama Bay, the heart of Sharm El Sheikh. Consisting of three residential buildings and various commercial shops

The development is low rise and low density comprising 44 units varying in size from 53m2 - 80m2 of actual living space. The apartments are set in beautiful gardens with 3 swimming pools.

All apartments will have a balcony with views of either the sea, bay, desert, swimming pools or gardens. Along with access to a large communal roof terrace.

The apartments 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 bathroom and kitchen areas, bringing them in line with European needs along with the desire for ample natural light and ambience.

One bedroom apartments range in size from 53m2 - 63m2 of actual living space with prices ranging from €46,200 - €79,950

Two bedroom apartments 80m2 of actual living space, prices ranging from €79,000 - €97,642