This resort development is located in the Intercontinental area of Hurghada, a renowned hotel and resort district, 200 meters from the beach, town centre and 10 minutes' drive to the Hurghada international airport.
- Low starting prices
- Low capital requirement
- Low purchasing costs
- Extremely well established Egyptian developer, owner of 60% of mainland Hurghada
- Developer managed rental company on site
The Investment - Estimated capital growth of 15% for year one
- Strong rental yields
- A fully managed and marketed tourist resort
- 5 minute walk to beaches of the Red Sea
- One of the only developments with a roof-top pool and bar, with unlimited sea views!
- 10 minutes from Hurghada international airport
Exit Strategies
Ideal long or short term investment
- Take advantage of the high capital growth and the pre-construction prices as a short term investment, with no restrictions on selling prior to completion
- Benefit from the estimated 14% rental yields in a resort with high rental demand, furthering your investment opportunities as a long term strategy
The Security
As part of IPIN's due diligence process, this project has undergone legal searches by an independent law firm.
The project complies with all legal requirements and IPIN has no hesitation in offering this project to its investor members.
- The company ownership is legally registered in Hurghada Red Sea Governorate
- Planning permission has been granted with license number
- Land Parcel Allocation Agreement has been issued by Red Sea Governorate of Legal Affairs
The Developer
- The developer owns approximately 60% of mainland Hurghada. They have completed several developments within Hurghada, and are currently buiiding several others, including this excellent investment opportunity.
Development Timetable
| Construction Start: |
3rd Quarter 2007 |
| Construction End: |
3rd/ 4th quarter 2009 |
