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egyptian property and tour specialists
- 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.
Nubia Resort - Hurghada
This stunning 4* off plan resort is being built on the beautiful beach, overlooking the crystal waters of the Red Sea, only 15 minutes from the bustling town centre of Hurghada on the road leading to El Gouna known locally as “Golden Mile” because of the lovely sandy beaches. El Gouna and its 18-hole PGA professional golf course and airport are a mere 10 minutes away and Hurghada International Airport reachable in just 15 minutes, it is therefore one of the most accessible locations in Hurghada.
This resort will consist of a 346 double roomed 4* hotel, 200 hotel style apartments within 10 buildings over 5 floors and 56 Duplex villas in a four storey building. The swimming pools will set in a lake which will run from the top of the development down to the sea. Prices starting from Studios 44.7sqm £25,195
Apartments:
There is a selection of sizes for apartments as follows:
- Studio 37 or 44.7sqm with bathroom and terrace
- 1 Bed 62.5sqm with bathroom and terrace
- 1 Bed 65.3sqm with bathroom and terrace
- 2 Bed 68.5sqm with bathroom
- 2 Bed 148sqm 2 bathroom, 2 balconies and terrace - These are ground floor only
- 3 Bed 149sqm 2 bathroom, 2 Balconies
- 3 Bed 150sqm 2 bathroom, 2 Balconies
- 2 Bed, 160sqm 2 Reception rooms 2 bathrooms, 2 Balconies and terrace
Duplexes
- Ground/First floor 234sqm or 233sqm
- Ground floor has Reception room, dinning room, kitchen, and cloakroom
- First floor has 3 Bedrooms, bathroom, terrace and dressing room with cloakroom.
- Garden is 15.33 x 11 14m
- Second/Third floor 215.64sqm*** or 219sqm***
- Second floor has Reception room, dinning room, kitchen, and cloakroom
- First floor has 3 Bedrooms, bathroom, terrace and dressing room with cloakroom.
- ***Covered roof 6.4 x 2.3 and roof 75.51 sqm
Facilities of the Hotel which can be used by owners will include:
- 4 restaurants including an Italian, Chinese and Sea food
- English bar in the lobby of the Hotel
- Discotheque
- Conference and party hall within the hotel
- 2 cinemas
- Shopping area for goods and services
- Laundry
- Emergency generators
- Fire extinguishing network
Other facilities
- A 15,000 metre private beach with umbrellas and sun beds
- Beach restaurant
- Resort Marina including boats and launches, dive centre, Aqua Centre, Windsurfing
- 3 large swimming pools with facilities
- Spacious gardens
- 2 Tennis courts
- Kids playground
- Health club including Gym, Sauna, Steam bath and Jacuzzi
- Open air theatre
- Parking areas for cars
- Elevators to all floors both in hotel and apartment blocks
On-site phots: March 2009
Cash Prices:
For the latest EGP (Egyptian pounds) exchange rates
please use the XE.com Universal Currency Converter.
Apartments
- Studios 37sqm £25,195
- Studios 44.7sqm £29,939
- 1 Bed 62.5sqm £42,576
- 1 Bed 65.3aqm £44,284
- 2 Bed 68.5 sqm £46,275
- 2 Bed 148sqm £84,861
- 3 Bed 149sqm 2 bathroom £85,434
- 3 Bed 150sqm 2 bathroom £86,007
- 2 Bed 160sqm 2 Reception rooms 2 bathrooms £91,742
Duplex Villas
- Duplex Villa Ground/First floor 233sqm £137,024
- Duplex Villa Ground/First floor 234sqm £137,612
- Duplex Villa Second/Third floor 214sqm ***£139,736
- Duplex Villa Second/Third floor 219sqm*** £143,493
- ***Covered roof 6.4 x 2.3 and roof 75.51 sqm
Maintenance:
- Villas 650 euros per year
- Apartments 450 euros per year
Payment terms:
- For 37,44,62.5,65 and 68 sqm apartments
- Deposit 35%
- Instalment payments over 24 months
- Delivery 24 months from contract
Reasons Why Egypt is an Intelligent Property Investment Location
- Low property prices starting at around £15k
- Year-on-year capital appreciation of between 20-30%.
- Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
- Stunning natural and unspoilt landscape
- Steady annual growth in tourist figures
- No capital gains tax
- British residents avoid inheritance tax on any Egyptian properties
- Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer
- Year-round tourist season
- Politically stable country
- Strong economic growth and inward investment creating a rich investment climate.
- Well renowned developers creating luxury resorts to cater for Egypt’s new influx of international tourists
- Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location-Hurghada airport to be expanded.
- Short transfer times from airports to properties.
- Relatively low cost of living and maintenance costs
- English is widely spoken, after Arabic
Location
Please contact us for further details.