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Khamsin Beach Resort is a luxury collection of waterside apartments located in the Arabia District of Hurghada just 10 minutes from the bustling tourist hotspot of Sheraton Road, Downtown Hurghada.
The project offers far-reaching views over the Red Sea towards Giftun Island and is scheduled for completion by the end of May 2011.
During this pre-launch release pricing has been geared to offer earlybird buyers the lowest possible entry point:
Studio Apartment: from £17,324 1 Bed Apartment: from £32,980 2 Bed Apartment: from £36,278 3 Bed Apartment: from £110,189
The Arabia District lies close to Hurghada Port - the centre of the diving industry for the entire region. Khamsin Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beachfront location but due also to the resorts proximity to the city centre — The Heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily cross all real estate stock over the next 5-10 years. Saleability of this prime beachfront resort is extremely high, and the gains for pre-launch investors are truly exceptional. Prelaunch prices are certainly at or below ANY other project in the region, even when you do include the ‘dressed up’ discounts that proliferate some of these projects. As such, Khamsin is firmly at the top of the list of options for sensible investors.
Prices for similar projects are selling at £800+ m2 in Hurghada (Samra Bay) Low purchase costs and stage payments available Strong exit strategy - highly desirable re-sale unit Very strong re-sale potential prior to completion particularly for early bird investors Higher rental Return due to Rental Pool option and beach front location Price increase of 15% at end of pre-launch All properties are freehold and complete in May 2011 No capital gains tax or inheritance tax Prices start from £18,908 Location If there is one thing you can rely upon with property investment it is location, location, location. The Khamsin Beach Resort is an ocean side collection of luxury apartments with its own private beach in the Arabia District, close to downtown Hurghada by the Red Sea, Egypt.Get in early! This is the very first marketing activity for Khamsin Beach Resort and there are some incredible early-bird offers available for a limited period. The price structure presented in this pre-launch phase will be totally revised with a minimum increase of 15%.
Strong rental returns The Project is scheduled for completion by May 2011, it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental pool program. The high local occupancy rates throughout the 12 month season, make this project of interest to any buy-to-let investors.
Solid capital appreciation Hurghada is fast becoming the centre of operations