Uncover Egypt - Buying & renting property in Egypt or booking a hotel in Sharm El Sheikh or Luxor in Egypt - Help moving to Egypt
- Property Available in Egypt
- Safaga
- Sharm El Sheikh
- Sahl Hasheesh
- Hurghada
- Marsa Alam
- Dahab
- Luxor
Affordable property in Egypt.
Egypt is perfect for short term holiday
rentals.
Lotus Breeze
This project is in a fantastic position close to the smart, new promenade of the El Kawser area of Hurghada and the beach front and the international airport of Hurghada is only a 10 minutes drive away.
Lotus Breeze presents an ideal opportunity to invest in Egypt’s rapidly emerging property market from as little as £19,908. A gated European style development situated near to the Intercontinental Hotel, located behind the Hilton Hotel and less than 150 metres from the main promenade which leads to the beach.
The complex will consist of luxurious studios, one and two and three bedroom apartments complete with their own private terraces and stunning views from almost all apartments. There is easy reach to the promenade providing a wide range of international eateries, bars, shopping malls and nightlife.
Facilities:
- Communal roof top terrace with swimming pool, bar and restaurants
- Landscaped gardens
- On-site management service
- Supermarket
- Pharmacy
- Coffee shop
- Health Club
- 24 hour security
- Internet
Prices
- Studio 47sqm £19,908.00
- 1 bedroom 68 sqm £28,728.00
- 2 bedroom 98sqm £41,160.00
- 3 bedroom 124sqm £55,313.00
Payment terms:
- Reservation fee £1000 (refundable)
- 40% on contract usually 28 days later ( minus reservation fee )
- 30% a year later
- 30% on completion (mortgage option pays final balance 30% and gives further 35%
- cash back via equity release giving LTV of 65%)
- There are mortgages available; the whole process is facilitated through the developer.
Quick Mortgage checklist:
- Up to 65% of purchase price available (client pays 70%, mortgage pays balance of 30% and releases 35% equity via cash back)
- 6.5% variable interest rate linked to LIBOR (European inter bank lending rate)
- 5 to 12 year terms
- Age 21-60 (maximum 65 years at settlement of loan)
- Agreement in principle available 18 months in advance (ideal for off-plan)
- Usual requirements: payslips, credit report, bank statements....
- Furniture packages will be available
- Maintenance charges: TBC
- Delivery: August 2009
Please contact us for further details.