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INVESTORS :: WHY INVEST IN THE RED SEA

Why Iinvest in The Red Sea:

In 2001, Sharm EL Sheikh was declared the ‘City of Peace’ by UNESCO (United Nations Educational, Scientific & Cultural Organization), following successful democratic progress at both international and local levels.

This has been continued with agreements with COMESA, (Common Market for Eastern & Southern Africa) the EU and WTO allowing investment to be simplified for foreign nationals wishing to buy property. There are no ‘land grab’ issues, or complicated legal arrangements, as often found in other countries, and due to the fact that Sharm El Sheikh is sited between 4 National Parks; Ras Mohamed, Nabq, St. Katherine and Aqaba, the area is not going to become saturated and over developed.

In 2002, the Egyptian Government approved change of ownership to foreigners, which operates on a 99 year renewable lease. For example, if you bought a property and wished to sell it in say, 7 years time, it would be re-sold with another 99 year lease.

Overview
The Weather is warm and sunny for 12 months of the year, making rental (if relevant) easy to achieve, and there are no restrictions on the amount of time you can reside for, which allows your property here to be your permanent home. A Visa can be obtained for approximately £30, and renewed yearly. Crime is very low in Sharm El Sheikh; in fact few businesses have security alarms as it is considered very safe. The tourist police are on hand in resort areas should you require any assistance, and English is widely spoken. All developments and resorts have their own private security.

Costs
A 2 bed apartment (approximately 80-100 Sq m) can now cost on average around £45,000 GBP in a high quality complex, with pools and facilities. This will achieve at least 60-70% occupancy per year, with the return on investment being between 22-35% for weekly rentals for holiday makers.

Tax
There is low stamp duty and a low death succession duty of 7% (to transfer property), and there is no capital gains tax.

Cost of living
The cost of living is very low; (1 liter of petrol costs 9 UK pence) and utilities, food and travel are cheap. Imported goods can be expensive, but local produce is plentiful and an average grocery bill would be less than 20 UK pounds. Residents can apply for discounts at many establishments making eating out extremely affordable.

Lifestyle
The life style is friendly, with many communities of foreign nationals here from around the world. Alcohol is controlled; however it is widely available in most areas. There are plenty of things to do in the day and the nightlife is plentiful and varied.

Investments
British citizens are investing £10 billion GBP outside the UK on second homes every year, according to statistics at the British Chamber of Commerce, and in Egypt, especially Sharm El Sheikh, this investment has totalled around £1 Billion GBP so far.

Egypt has one of the highest returns on investment through rental value, compared with the UK (4-6%), Singapore (3-6%), India (5-6%), and the UAE (7-12%). In Egypt, the return is between 11 and 17%, with occupancy guaranteed and managed by many resorts where property is sold, taking the hassle out of renting, and providing a good income and return on investment.

The premium appreciation in the last 18 months within Sharm El Sheikh has been on average 100%. Appreciation in the next year is expected to be between 40% and 60%. Sharm El Sheikh is newly located in the charts of investments, offering very secure return on investment for both short and long term short term interests. In the last 15 years, the government has invested around £1.4 Billion GBP, in the infra-structure and now there are now over 140 Hotels operating 35,000 rooms.

Yields & Rental Returns:

Global Investment Properties is determined to provide the highest quality services for its partners in GIP Management programs.

We guarantee a stable income from your property monthly or annual yield.
We guarantee a better look after for property appreciation.
We insure maintaining the quality of your property, to always keep the value of your investment growing higher.
Our team for property management and maintenance, understand how to provide a quality service and time management.

for more details and to join our program, rentals@gip4u.net

Planning Your Investment:

Planning your investment

Independent Property Purchase Advice
Mortgage Advise for UK nationals
Concierge Service
Inspection Trips
Holiday Arrangements/Excursions
Legal Paper Work
Due Diligence
Property Insurance
Property Management
Rental Services
Furniture and Deco
Land Acquisition
Obtaining Building Permits
Utilities Installation
Property Valuation
Resale

Email us at sales@gip4u.net

Customized Packages:

Global Investment Properties customized packages, help you to save money and time while purchasing your property.
We provide all services within the purchase and tailor made as per your choice.
Full package, this is under GIP Club members, includes;

Property purchase, Full furniture, legal services and contract authentication, property management with rental guarantee
More packages are available to suite your needs and facilitate your life

For more details info@gip4u.net

Bulk Purchase:

Global Investment has been working with reliable projects and developers where our investors and partners can enjoy the opportunity to get their investments agreed during the off plan phase or the under construction phase. This is time where property prices continue to flourish.
The various projects we provide, represent a fantastic opportunity for the consummate investor to add to their portfolio in Sharm El Sheikh with unbelievable potential for rapid growth.

To know more about our deals, email Mostafa@gip4u.net

Land:

If your are small or big investor, looking to build your own investment or home. We can guide you through our network of affiliates and partners, to buy your own piece of land, obtain permits and all required license to build.
Our construction consultants are always ready to assist you at any phase.
For more details, kindly contact Managing Partner, Mr. Mostafa Elkasrawy at:

Mostafa@gip4u.net

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