Why Buy in Egypt
Egypt has always been steeped in history and has inspired generations. It has been ruled by ancient dynasties which have enchanted the world and have been written about time and time again. Its lands were walked by the ancient Greeks, Romans and a raft of other nations. It has always been an international cultural country where wondrous constructions, spirituality, commerce, art and beauty have gathered together to amaze all who visit.
Many resorts and major cities in Egypt are becoming increasingly cosmopolitan with real estate buyers from all over the world planning investments here. One bonus for many buyers is that English is spoken widely in professional circles, in addition to Arabic. For foreign investors looking for a low risk place in which to invest their money,
Egypt property is definitely a good bet. It is already one of the best high-end, medium haul destinations for European travellers. Word is spreading that Egypt is more than just history and culture, and the Egyptian property market is getting an even bigger boost, where investors who are getting into the market now are almost sure of making a very good return on their low risk investment.
With its growing tourism sector, the Egypt property market is attracting the same interest and attention that is has known throughout the ages. It is clear to see why so many visitors pick Egypt as their choice of holiday destination. White sandy beaches, colourful coral reefs and desert landscapes are all part of the exotic Egyptian experience. Resorts such as Hurghada on the Red Sea are firm favourites amongst international diving and snorkelling enthusiasts, the Red Sea being one of the world's most popular scuba diving destinations. Other water sports such as windsurfing are also popular in the region and draw tourists to the area.
Area: EgyptDescription: The development consists of a selection of studio, 1, 2 and 3 bedroom apartments, all completed to European finish, with prices starting from only £16,000
The Nour Plaza project is located directly across from the gates to the public beach offering superb views of the crystal waters of the Red Sea. Being only 10 minutes from the bustling town centre of Hurghada, with El Gouna and its 18-hole PGA professional golf course a mere 15 minutes away and Hurghada International Airport reachable in just 10 minutes, it is one of the most accessible locations.
The Red Sea provides the perfect blend of ingredients for anyone looking for the perfect sunny property in a land that is immersed in history and ancient treasures.
The beautiful clear blue waters of the Red Sea Riviera make Hurghada one of the top sites in the world for diving, with an abundance of marine life to see and enjoy, with the warm waters and the unique offshore gardens creating an ideal haven for many varieties of rare fish and coral reefs.
It is also an international centre for aquatic sports including windsurfing, sailing, deep-sea fishing, swimming and snorkeling. Hurghada is known for providing access to many uninhabited offshore reefs and islands. It is truly an all year round tourist destination with twelve months of sunshine, and very rarely a cloudy day!
Nour Plaza is an excellent development located in Hurghada in the Al Ahyaa area, between El Gouna resort and Calemera resort, just 100 meters from the beach, ideal for sunny holidays and diving trips.
The building and facilities consist of:
- 10 years builder's guarantee
- All properties are completed according to European finishing standards
- Wide green land in front of the project
- Large swimming pool including children's section
- Children's play area
- On site lifeguard
- Fully equipped gymnasium
- Satellite TV, telephone and internet connection points in all properties
- Pre-installation of air conditioning
- Elevators to all floors
- Manned 24 hour gated security
- Taxi service including airport pick-ups
- Full maintenance and repair service
- Regeneration / decoration programmed on a 3 years frequency
- All facilities are run and managed by developer to maintain quality of service
- On site shuttle Bus to Down town all the week for shopping
- Also planned for the immediate area is a new retail area with a large supermarket, shops and light show to provide additional entertainment.
Reasons to buy:
- Egypt has steady year on year Capital Growth of 20-30%
- Rental Yields in this area are around 8%
- 12 month climate with plenty of letting potential
- Freehold property
- A booming tourism industry, with numbers having over doubled between 2002 and 2007
- Large volume of investment finance being placed in Hurghada
- Tourism predicated to increase at rate of 6% per year
- Opportunity to invest early in a vibrant market
- Situated on the Red Sea - recently voted best diving destination in the world
- Low cost living, maintenance and management costs
- Currently accommodation demand in the area exceeds supply
- Hurghada, a vibrant town - with culture combined with a modern feel
- Tourism growing due to the increase in low cost airlines such as EasyJet flying direct to Hurghada
Prices from: £ 16 000 (16 000 GBP)
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Nour Plaza Brochure |
