Excellent location on the beach, with some of the best diving in the World, so they claim! But the logistics bare this out. The year round climate, consist water temperature and currents, (Not to mention the absence of dangerous marine mammels) encourage tropical marine life at it`s most colourful.
This is an investment however, the Due Diligence process has been completed by one of London top International Property Lawyers and reports are very encouraging.

With Property values some 20-30% below established Resort areas like Sharm El-Sheikh, this new area is likely to catch up with prices rising in Egypt . Since the introduction of of the new government legistlation relaxing the restrictions of foreign ownership, New resorts are opening their doors and encouraging investors to be part of the new era of econimic freedom. Don`t forget, no capital gains or stamp duty Tax make this an investment affordable to everyone.

This front line resort has Guranteed returns rising from 6% to 14% in year 5. Averaging 10% yield, underwritten by the Bank, so you investment and Return are `As safe as houses`.

The units are 2 bedroom, 1 bathroom, with lounge, Kitchen and Balcony or terrace.
Internal Area: 80m2
External Area; 16m2 Balcony PLUS 60m2 Private Garden Area

Oyster International - 00 44 (0)798 449 8882p>