REF-IPI: Outstanding value for money. This Red Sea resort development is located in the Intercontinental area of Hurghada, a renowned hotel and resort district, 200 meters from the beach, town centre and 10 minutes' drive to the Hurghada international airport.

?Low starting prices
?Low capital requirement
?Low purchasing costs
?Extremely well established Egyptian developer, owner of 60% of mainland Hurghada

The Investment
? Estimated capital growth of 15% for year one
? Strong rental yields
? A fully managed and marketed tourist resort
? 5 minute walk to beaches of the Red Sea
? One of the only developments with a roof-top pool and bar, with unlimited sea views!
? 10 minutes from Hurghada international airport

PRICES:
Studios from 24,916.00 GBP (approx. Euro 31,456), 57sqm
1 bedroom Apartments from 29,943.00 GBP (approx. Euro 37,803), 68 sqm
2 bedroom Apartments from 43,218.00 GBP (approx. Euro 54,563) 98sqm
3 bedroom Apartments from 58,078.00 GBP (approx. Euro 73,323) 124sqm

Development Description
The Lotus Breeze resort is a gated, European style development situated south of the town centre of Hurghada.
? Freehold apartments
? Spectacular views of the Red Sea
? Easy payment plan
? Rental and maintenance service
? Various communal facilities
? Close proximity to town centre and international airport

The Facilities
? Two large roof top terraces with swimming pools and bars
? Heated swimming pools and children's pool
? Large un-heated pool
? Centralised satellite television
? High speed internet to all apartments
? Beautiful landscaped tropical gardens
? Gymnasium and health club
? Pharmacy
? Coffee shop
? Tourist office with resort management
? Property management service
? Supermarket
? 24 hour security

Owners will be given automatic entry in to 'Club Pharaoh' owner's club, allowing them access to the following hotel beaches:
? The Grand Plaza
? The Hilton
? The Intercontinental
Rental clients wishing to access these beaches will have to pay a small fee.

The Units
The development will consist of 235 residential units and 15 commercial units.
? 6 blocks
? 4 floors plus ground floor
? Studio apartments from 57m2 to 62m2
? 1 bed apartments from 68m2 to 90m2
? 2 bed apartments from 98m2 to 101m2
? 3 bed apartments from 124m2 to 127m2

The Exit Strategies
Ideal long or short term investment
? Take advantage of the high capital growth and the pre-construction prices as a short term investment, with no restrictions on selling prior to completion
? Benefit from the estimated 14% rental yields in a resort with high rental demand, furthering your investment opportunities as a long term strategy

The Security
Hamdy El-Sawy, Director of of Westminster Citizens Advice Bureau, member of the Law Society and registered on the International Directoriate of the Law Society in Britain, confirms the following:
? The company ownership is legally registered in Hurghada Red Sea Governorate
? Planning permission has been granted with license number
? Land Parcel Allocation Agreement has been issued by Red Sea Governorate of Legal Affairs
Investors are always advised to seek professional legal advice to assist them with their purchases.

The Developer
The developer owns approximately 60% of mainland Hurghada. They have completed several developments within Hurghada, and are currently buiiding several others.

The Management Company
The developer will manage the rental process from an on-site office. There are no guaranteed rentals, however clients may participate in their rental pool system, as there will be a constant inventory demand. The developer highly recommends purchasing furniture from them, as this will ensure greater rental success.

Potential Capital Appreciation
Per annum 15% - conservative estimate
Potential Rental Income
Per annum 14.00% - conservative estimate

Development Timetable
Construction Start: 3rd Quarter 2007
Construction End: 3rd/ 4th quarter 2009

The Specifications
Polished ceramic floors
? Tiling in kitchens and bathrooms
? European finishings on windows and doors
? Electrical installation
? Pre-installation for digital TV, telephone sockets, television and internet
? Fitted kitchens with base units, stainless steel sinks, granite worktops and mixer taps
? Bathroom sanitary fittings in white porcelain (toilet, sinks and bath/shower) with mixer taps and extractor fans
? Bedrooms with fitted wardrobes

Furniture
The developer offers several furniture packages:
? Studio apartments from 2,500 GBP
? 1 bedroom apartments from 4,000 GBP
? 2 bedroom apartments from 6,000 GBP
? 3 bed apartments from 7,000 GBP

The Rental Potential
Quality construction and location mean the development can expect to receive rental yields of approx. 14% per annum
? Resort management agency on site
? Property management services
Average weekly rental return for each unit type:
? Studio apartment: 100 GBP per week
? 1 bedroom apartment: 150 GBP per week
? 2 bedroom apartment: 200 GBP per week
? 3 bedroom apartment: 270 GBP per week

Location Details
The development will be located along the Red Sea Coast, 50m from the main promenade and approximately 200m from the beach in Hurghada.
? The resort is situated 7km south of the Hurghada city centre in a region offering superb snorkelling and scuba diving facilities
? Hurghada consists of three main districts: Dahar (old downtown), Sakalla (new downtown) and the Intercontinental area (hotel and residential district), where the development is located
? A location near Hurghada's international airport offers ease of access with various direct flights from Europe

By Road: It is possible to hire a car from the Hurghada Airport provided you have an international drivers permit. Car-hire costs approximately 250 GBP per week. Taxis are also available, along with limo services and buses

By Air: Hurghada International Airport is located only 4km from the development. There are various weekly flights from major European cities, including London, Manchester, Birmingham and Bristol in the UK. British Airways, Easyjet, Egypt Air, Condor and Austrian Airlines all fly into Hurghada.

Local climate
The Hurghada area has a warm climate, yet benefits from steady breezes due to its coastal location.
Average precipitation is approximately 3mm which generally falls in October and November. Average temperatures: winter 17ºC; spring 23ºC; summer 30ºC, and autumn 25ºC.

PLEASE CONTACT OUR OVERSEAS DEPARTMENT ON 01-6771188 FOR FURTHER DETAILS.

Features:

- Fully licensed and bonded Estate Agents (S1229A). Authorised by the Financial Regulator - A004235/06
- Wide selection of properties available
- Low Starting Prices, Strong Rental Yields
- Call into our offices for further details!
- Phone us for more info

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