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Bedrooms: studio,1,2
Investment Type: Guarenteed Rental,Holiday Home
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5% Guaranteed Rental for 3 years. The Zahabia Beach Apartments is a small, exclusive development of only 227 units with a diverse mix of Studios, 1-bed and 2-bed apartments. Attached to the successful Zahabia Hotel, these apartments have full access to hotel facilities including the beach.
The Zahabia Beach Apartments is a small, exclusive development of only 227 units with a diverse mix of Studios, 1-bed and 2-bed apartments. Attached to the successful Zahabia Hotel, these apartments have full access to hotel facilities including the beach.
As well as their own pools and bars, the apartments will have access to the similar facilities of the hotel.
* 5% Guaranteed rental for 3 years * Studios from GBP21,000 * 1 Beds from GBP35,100 * 2 Beds from GBP50,400 * Completion Date: June 2010 * Attached to a successful hotel * Fantastic location close to central Hurghada * Access to private beach The Zahabia Beach Apartments have access to their own private beach which has stunning views over the crystal clear red sea, towards the famous Giffen Island. The resort is perfect for those looking to enjoy an all year round beach lifestyle and indulge in the many water sports on offer.
Just 4.5 hours from the UK and 15 minutes from Hurghada International Airport, The Zahabia Beach Apartments also offer a full complement of hotel style amenities and services. The 12 month season, high occupancy rates and guaranteed rental package offered by Zahabia will put this firmly at the top of any jet?to?let investors must have list. The development consists of studios, one bed and two bed apartments.
In the majority of Red Sea resorts prime beach front locations are owned by hoteliers and are rarely set aside for residential development. With access to its own private beach, these apartments will always be at a premium whether you intend to rent your apartment or when you come to sell.
The facilities for the Zahabia Beach Apartments include a full complement of hotel?style amenities and services. Further to this, residents will also have full access to facilities a the existing hotel. The complex will also provide all year round services including (but not limited to) maintenance, gardening and laundry services.
The Red Sea Riviera has an excellent all year round climate which makes the area a highly desirable location at any time of the year.
Investment Summary
Zahabia Beach Resort is a collection of luxury waterside apartments located in the Arabia District of Hurghada just 10 minutes from the bustling tourist hotspot of Sheraton Road, Downtown Hurghada. The beach offers far?reaching views over the Red Sea towards Giffen Island and the development is scheduled for completion by the end of June 2010.
During this pre?launch release pricing has been geared to offer early bird buyers the lowest possible entry point
* 35 m2 Studios from just GBP21,000 * 58.5 m2 1 bedroom apartments from just GBP35,100 * 83 m2 2 bedroom apartments from just GBP50,400
The Arabia District lies close to Hurghada Port ? the centre of the diving industry for the entire region. Zahabia Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beach location but also to the resorts proximity to the city centre The Heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily cross all real estate stock over the next 5?10 years. Saleability of this prime beach resort is extremely high, and the gains for pre?launch investors are truly exceptional. Prelaunch prices are certainly at or below ANY other project in the region, even when you do include the dressed up discounts that proliferate some of these projects. As such, Zahabia is firmly at the top of the list of options for sensible investors.
* Prices for similar projects are selling at 800+ m2 in Hurghada (Samra Bay) * Low purchase costs and stage payments available * Strong exit strategy ? highly desirable re?sale unit * Very strong re?sale potential prior to completion particularly for early bird investors * Guaranteed rental of 5% for 3 years, subject to furnishings * Furniture packs and Air Conditioning are available. * Price increase of 15% at end of pre?launch * All properties are freehold and complete in June 2010. * No capital gains tax or inheritance tax * Prices start from GBP21,000
Location
If there is one thing you can rely upon with property investment it is location, location, location. The Zahabia Beach Resort is a collection of luxury apartments with its own private beach in the Arabia District, close to downtown Hurghada by the Red Sea, Egypt.
Get in early
This is the very first marketing activity for Zahabia Beach Resort. The pre launch price structure presented in this document will be subject to price increase throughout the development period
Strong rental returns
The Project is scheduled for completion in the near future, it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental program. The high local occupancy rates throughout the 12 month season make this project of interest to any buy?to-let investors. A 5% rental guarantee is offered for 3 years.
Solid capital appreciation
Hurghada is fast becoming the centre of operations for the Red Sea Tourist industry. Airport expansion and large scale regional development will see visitor numbers double over the next 10 years. Now is the time to buy beach front to secure the greatest rental and capital returns tomorrow.
Consistent long term demand
The Red Sea Region is the Costa Del Sol for Middle Eastern communities and this is the key driver to the rapid and continued development in the region as a whole. This resort will maintain a very high desirability factor for rental usage and eventual re?sale as part of any focused investment strategy.
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