FAPO_EGY_055 in Sahl Hasheesh, Egypt
The Pyramisa Beach Resort is the first and only resort to be fully opened in 2007 in the new Sahl Hasheesh Resort. Built and completed to a superb 5* standard, this opportunity presents
the ideal option to invest in a luxury leaseback option on Egypt’s Red Sea Riviera and get a guaranteed and secured rental income each year.This large Resort is built on approximately 100,000m2 with around 900 units, currently enjoying nearly 100% occupancy since its recent opening. The resort is built on one of the best plots in the luxurious Sahl Hasheesh Resort; opposite the Sunken City, near the Old town (commercial area with bars, restaurants and shops) and with a beautiful white sandy beach (shallow crystal clear waters too!). The Pyramisa Group are currently one of the largest and most successful hoteliers and developers in Egypt with 5* Hotels in Cairo, Sharm El Sheikh, Aswan, Luxor and Hurghada. Apartments are finished to the standard of the Hotel and come fully furnished, managed and insured.
Development Information
This development consists of the following types of property
Apartment: 800
Facilities:
Italian , Asian , Sea food and International a la carte restaurants
2 Outdoor swimming-pools with water slides
Diving and Aqua sports center
Convention center with a capacity of up to 1000 delegates
Health Club and Gymnasium
Kids Club
Shopping Arcade
Beauty Salon
Tennis Courts/5 a side football
Guaranteed rental
Owners have the option to take out a lease agreement direct with the Hotel which will offer them the following guaranteed returns:
• 8% per year for 3 years
• 7% per year for 10 years
Rental incomes are paid annually in arrears.
Free personal use entitlement:
Studio apartments: 4 weeks
1 Bed apartments: 6 weeks
2 bed apartments: 8 weeks
Ownership:
Apartments are freehold
• All apartments insured and maintained to the Hotel standards
• Resales are permitted
Please note that the minimum level where a rental income is paid is upon reciept of 50% of the price by the developer. In this case the owner will recieve 50% of the rental income. On reciept of 100% all of the rental income will be paid.
The guaranteed buy back is available at the original purchase price and is designed to provide a quick exit from the investment. The buy back is available at any time after the first year of payment of the full purchase price.
Key features:
5* Beach front complex
Golf to the rear
Turn Key apartments
All have sea views
Guaranteed rental income for up to 10 years
Up to 8 Weeks personal holiday use
25% Discount on Hotel guest services
Fully managed, maintained and insured
Payment Plan:
Reservation: £2,500
Deposit on contract: 50% (minus reservation)
The remaining 50% can be paid as per the following options:
Option 1:
• Immediate payment and get 10% discount on the remaining 50%.
• Enjoy 7% annual rental guarantee as of day of full payment
Option 2:
• Payment over 1 year in equal quarterly installments with 0% interest .
• Enjoy 7% annual rental guarantee on the 100% as of day of completion of full payment
Option 3:
• Payment over 5 years in equal quarterly installments at 8.5% fixed annual interest.
Prices from £43,945
The Sahl Hasheesh Resort
The Sahl Hasheesh project covers 32million m2 (32km2) and is the largest single area on the Red Sea Coast. It is to be a Resort Community project of a scale and scope that is
unprecedented in the region. When completed and fully inhabited it will assume the proportions and functions of a Seaside Resort Town such as Cannes, with its Croisettes on the Riviera.
The project promises to become an Integrated Resort destination of world-class standards.
The Red Sea holds an abundance of rare and beautiful wildlife both on the surface and beneath its waters, perfect for both scuba divers and bird watchers. At only 20km from Hughada
airport access to the resort is both easy and convenient. The resort is bordered by 12.5km of sandy beach and combines all the facilities of a top resort with the bustling atmosphere of a lively port. The town will have not only premium resort facilities, but also essential community infrastructure like schools and hospitals. At its centre will be an arcaded piazza with an avenue leading to the Red Sea, lined with over 100,000 fully grown palm trees specially brought in from the Nile.
Contact us now for full details
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