Sahl Hasheesh - Egypt Apartment Available
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Apartment/Flat Description
The Pyramisa Hotel Resort in Egypts Sahl Hasheesh area along the Red Sea Riviera offers a guaranteed 7% lifetime rental return re-evaluated annually, with guaranteed capital appreciation index-linked to the percentage of annual increases in room revenues after the 5 year term.
* Estimated capital growth of 20% * Guaranteed rental * Tax free society * Potential for immediate returns on investment * Various payment plan options * Management facilities in place * Developers of 5 star resorts throughout Egypt * Developer financing available
Investment Return Projections Potential Capital Appreciation Year 1 20.00% (Conservative Estimate by the Developer) Potential Rental Income Per Annum 7.00% (Guaranteed rental return from the developers)
Unit Breakdown Studios - 39,950.00 GBP - 78,255.00 GBP Suites - 1 bed - 87,890.00 GBP - 202,950.00 GBP Suites - 2 bed - 220,500.00 - 233,100.00 GBP
The Pyramisa Beach Resort is a five-star hotel resort in Sahl Hasheesh, along Egypt’s Red Sea Riviera. The development consists of 550 units comprising of studios, 1 bed and 2 bedroom apartments, already built having been completed in August 2007.
Pyramisa offers a great opportunity to invest in an emerging market.
The Investment
* Guaranteed rental * Developer mortgages available * Located along the Red sea Riviera * All inclusive five star resort * Built to European standards * Beach front location with views * Leaseback scheme with a renewable contract * Immediate return on investment as hotel is already built * Personal usage of apartments for 8 weeks annually * Personal usage of studio suites for 4 weeks annually * Personal usage excludes major holiday periods
Exit Strategies
* Leaseback scheme covering a period of 5 years with a renewable contract * Rental management facilities in place * Guaranteed rental yields
Sahl Hasheesh
* Resort town meaning “Green Valley” * Diving * Desert safaris * Water parks * Cinemas * Casinos * Eight planned golf courses
The Units
* Total of 550 units * Studio and suite apartments * 1 and 2 bedroom apartments
The Facilities
* Five star hotel resort * Health club * Gym with sauna and steam rooms * Diving and Aquatic sports centre * Children’s playground * Shopping arcade * Beauty salon * Beach front location * 2 Sea-front outdoor heated swimming pool * Waterslides * 5 restaurants and bars * Tennis & Squash courts
The Build Specifications
* Built to European standards * Floors: Beige ceramic tiles * Walls: Cream plastic paints * Aluminium Windows
The Security
* The developers have the support of the government * Developers have full title of the land * Legal Due Diligence has been carried out on the development
The Developer
* Pyramisa Hotels, Resorts and Nile cruises (an Egyptian stock market-listed company) are the developers of Pyramisa Beach Resort Sahl Hasheesh. * Pyramisa Hotels, Resorts and Nile cruises run the resort. Years of experience and a proven track record, running their other hotels which form part of the chain, can vouch for its high standards and seriousness.
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Approximate price of this 0-Bed Apartment
€49,919 EUR |
£39,950 GBP |
US$62,628 USD |
(Currency and Foreign Exchange services supplied by )
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| Type |
Apartment |
| Category |
Re-Sale |
| Listed |
141 days ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Map of Sahl Hasheesh, Muhafazat al Bahr al Ahmar, Egypt
Real Estate Agent Listing this Property
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Price: £39,950
Latest Property News in Egypt
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Price of Property in Sahl Hasheesh, Egypt
| (All prices in EUR) |
Sahl Hasheesh |
Sahl Hasheesh |
Sahl Hasheesh |
| Apartment/Flat |
21,565 |
1 |
269,900 |
1,450,000 |
- |
39,950 |
| Townhouse |
376,970 |
74,407 |
376,970 |
376,970 |
- |
153,307 |
| Studio |
39,153 |
6,086 |
103,000 |
103,000 |
- |
20,903 |
| Penthouse |
128,947 |
22,000 |
128,947 |
128,947 |
- |
- |
| House/Villa |
238,000 |
42,000 |
890,000 |
1,600,000 |
- |
470,000 |
* Calculations based on 75 properties for sale in Sahl Hasheesh and 772 properties for sale in Egypt |
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Looking to buy property in Sahl Hasheesh, Muhafazat al Bahr al Ahmar, Egypt?
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