Property Details
Stretching along 40km of glorious coastline, the relatively new resort city of Sharm El Sheikh occupies the southern tip of the Sinai Peninsula in Egypt.Famous for it’s top class diving sites with myriads of corals and thousands of species of brightly coloured fish, it is the premiere resort of the Red SeaRiviera. The beauty of the warm clear waters and sandy beaches attract thousands of visitors each month.Blessed with year round sunshine and almost zero rainfall, this city mixes traditional Egyptian culture with a European feel. The desert and mountainsoffer many activities and attractions in addition to the diving and snorkelling, with the resort also boasting a wide range of bars, restaurants, casinosand nightclubs.With a continued demand for rental properties, no capital gains or inheritance tax, and no government tax on sales. Egypt is still an ideal investmentopportunity just a few hours fly time from Europe.Mashareq is located in Nabq- 5 minutes from shops and bars in Nabq- 5 minutes drive from Soho Square- 10 minutes drive from the International Airport- 20 minutes drive from Naama BayKey features-Studios, 1 bedroom and 2 bedroom apartments available.-Solariums on all 9 top floor units in B3 and B4.- Air conditioning connections included.- The whole project will be guarded by in house security.-Property management services on site for all you rental requirements. Costs applicable.Private garden or solariums available.- Mountains, Pools and Sea views.-Housekeeping service on request.Special discount on accommodation,food and beverages in all hotels owned or managed by Magic Holiday Hotels and Resorts.- The possibility to use all outlets in all Hotels owned or managed by Magic Holiday Hotels and Resorts.- Gardening department to take care of the landscape and green areas.-Maintenance department available 24 hours.-Car parking spaces.
Facilities- 4 Star Hotel- All buildings have elevators- 2 large, heated pools- Landscaped areas with children’s playground- Beach access- Fitness Centre- 2 specialised restaurants- Night club- Bar and cafe- Commercial facilities: A Supermarket, Boutiques, Hairdresser /Beauty salon and Pharmacy.
InvestmentStudios 100% cash price, 5% discount £32,3403 years Payment Plan (delivery after 12 months) £34,0431 bedroom 100% cash price, 5% discount £53,3951 year or 18 month Payment Plans available (delivery after 12 months) £56,206