A unique buy to let opportunity
• Prices from just 59560 €• 350 units – studios, chalets, duplexes and villas from 47 sqm.
• 7% Guaranteed annual Return/Yield – with guaranteed capital appreciation indexed-linked to % annual increases in room rates/revenues.
• 50% deposit and balance over 12 month.
• 99 years leasehold units with optional leaseback contract – this contract is optional and not obligatory and client has Opt-Out option.
• Construction is finished and the hotel is fully operational.
• Full due diligence available.
• 5* all-inclusive hotel resort with stunning facilities - 120.000m2 grounds, private sandy beach , indoor and outdoor pools, tennis, squash, diving and aqua sports centre, 2 bars, 5 restaurants, health club & gym, hairdresser, kids club.
• Operated by a PLC 5 stars management for Hotels, Resorts and Nile Cruises (an Egyptian stock market-listed company).
• 4 weeks personal use for studios & 8 weeks for 1 and 2 bed units (excluding August, Christmas, New Year & Easter). Of which 2 weeks can be taken at any other of the chain’s hotels .
• 12 month season – 30ºC in summer and 20ºC in winter.
• 4 km from Sharm International Airport , and 7 km from Naema Bay.
• Only 5 hrs from UK - IV trips available.
• The area offers: active beach life, diving and golf, camel rides and desert safaris, buzzing nightlife, exotic markets and much more…