Horizon view heights project is named for its amazing views and will be built on one of the highest view points in the Nabq area. Full access to private beach, 5 mins from Golf Course

Horizon View Heights, Nabq, Sharm El Sheikh, Egypt

Named for its amazing views, Horizon View Heights is built on one of the highest view points in the ‘up and coming' Nabq area of Sharm el Sheikh.

Prices from 235,000 EGP

Egypt, a land with a history spanning 7000 years… and probably one of the oldest vacation spots in the world. ‘The Arab Republic of Egypt enjoys a prime location in the northeast corner of the African continent. Egypt shares its boundary with the Mediterranean Sea in the North, Sudan in the South, Israel and Red Sea in the East.

The Nile runs for over 1,000 miles within Egypt. It divides the country into four broad regions. In the Western Desert, which occupies almost two-thirds of the total area, the Eastern Desert, the Sinai Peninsula, and the Nile Valley and Delta, which is the most densely populated region of the country.

Egypt has a timeless appeal that has been attracting tourist from far and wide for many centuries. From the fascinating sights of the Pharaohs' to the glorious beaches of the Red Sea, this is a land of great contrast creating what is considered one of the most spectacular sightseeing destinations in the world.

Egypt has clear skies and bright sunshine all year round. English is the most widely spoken language after Arabic. The country offers nature and desert treks, great scuba diving and even golf.

Egypt's 2020 Vision ‘Tourism 2020 Vision' is the World Tourism Organisation's forecast of tourism in the first 20 years of the new millennium for every major tourist destination around the globe. It forecasts that Egypt will remain the Middle Eastern region's largest tourist destination receiving country with over 17 million international tourist arrivals. The expected growth rate in international tourist arrivals for the period 1995 to 2020 is above the average for the Middle East and indeed for the world, at 7.4%.

Nabq is a stunning bay about 15 minute's drive from the centre of Sharm El Sheikh. The resort is new and modern. Located here you will be spoilt with amazing views of land and the crystal blue coastline. Directly across from Nabq Bay is Tiran Island, and behind the resort is a majestic mountain range rising to biblical Mount Sinai. Beach lovers will love the white sandy beaches, while golf players will be delighted to know that a new 18-hole course is also only minutes away.

This underdeveloped area is set to become the quickest area of growth in the Sinai Peninsular and is an ideal location for the purchase of a second home or to expand you present portfolio.

Key Investor Benefits

The property market in Egypt is now regarded as a solid reality of the market. The demand for real estate is increasing largely for both the acquisition of holiday homes and pure investment. There are numerous reasons for choosing Egypt as a location where to invest money:

*Warm desert climate with temperatures ranging from 20°C in winter to 50°C in summer creating a year-round tourist season

*Year round rental season

*One of the best diving locations in the world

*No VAT on property purchases

*No Egyptian Inheritance Tax

*No capital gains tax

*Low income tax

*Low cost of living and low maintenance costs

*Regular direct flights from most European destinations

*Fast growing tourism sector

Location of Horizon View Heights, Nabq, Sharm El Sheikh

The Google Earth co-ordinates are 28¢?df;02'24.67' N 34¢?df;25'28.61'E

The Development – Horizon View Heights project is named for its amazing views and is built on one of the highest view points in the Nabq area of Sharm el Sheikh.

The project will comprise of thirteen apartment blocks with studio, 1 and 2 bedroom apartments and will have a maximum build height of only three floors per block, giving all owners excellent views either of the Red Sea, mountains or desert. The design of the apartment buildings is also in the same style of colour which blends into the natural surroundings.

The resort is set around landscaped gardens and a very large swimming pool with smaller pool for children. Horizon View Heights also boasts a commercial area of shops, restaurants and bars, a clubhouse and gymnasium for residents and guests. Ideally located in Nabq an up and coming area of Sharm El Sheikh, with all amenities, nightlife nearby.

Owners have full access to a private beach and is less than five minutes away from a new 18 hole golf course.

The Developer has been operating as a developer for the past 5 years in the real estate and commercial markets in Sharm El Sheikh. The company is privately owned and the owners partake in the daily running of the company. The Developer covers all stages of development, from marketing, architectural, planning, site management and rental of both residential and commercial properties.

Horizon View Heights apartments have all been designed to have a spacious lounge and bedroom areas. The interiors and exterior finishing are of a very high standard and particular attention is paid to the bathroom and kitchen, with lots of large windows throughout the apartment providing ample natural light and ambience.

Owners will be offered the choice of a fitted kitchen or air-conditioning units. Also as standard with apartments are:-

Satellite TV connection
Ceramic floor tiles throughout
Rendered walls painted
All electrical power points and light switches
Plumbing for washing machine
Sockets for telephone
Stainless steel sinks with mixer taps in kitchen
Ideal Standard toilet, wash basin and shower
Ceramic wall tiles in bathrooms
Private Parking
24 hour security
Low annual maintenance costs

Apartments

Studio Apartments (Type A) 39m2 priced from 234,000 EGP
1 Bed Apartments (Type B, C + D) from 58m2 priced from 377,000 EGP
2 Bed Apartments (Type E) 87m2 internal + 5.95m2 balcony from 652,000 EGP
Upon completion apartment sizes may vary by +/- 5%

1 GBP = 8.52 EGP 1 EURO = 7.90 EGP 1 USD = 5.50 EGP (Exchanges rates are for guidance only and rates subject to currency fluctuations)

‘Horizon View Heights' will offer buyers:-

*Close proximity to the main shopping and entertainment area of Nabq Bay

*5 minutes from Beach (Private Beach)

*Sharm El Sheikh International airport 10 minutes away

*10 minutes from Sharm el Sheikh town centre

*18 Hole Golf Course immediately behind resort

*Close access to world famous dive sites, with nearby dive school adjacent to development

*Resort Commercial facilities offering shops traditional bars and restaurants

*Peaceful surroundings with impressive views

*Club Card Membership. The Lifestyle Membership card has been created by The Developer to provide all owners with an extra benefit! The membership affords the card holder discounts at various facilities such as restaurants, car hire, diving centers, scooter rental, night clubs and bars. The card is supplied free of charge to all clients who purchase a property.

The Reservation and Purchase Procedure

GBP 2,000 reservation deposit, this is a 30 - day fully refundable deposit to remove your property from the market.

Horizon View Heights Payment Plan
50% on signing of contract (less the reservation deposit paid)
25% after 6 months
20% after 12 months
5% on completion (expected mid 2010)
Closing costs in Egypt are approximately 2% of the purchase value.

Call us to today to reserve your apartment.

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