Reference nr:
2014
Description:
Studio 56 m²
Available are studio, 1br, 2br, 3br units and 2br Townhouses
Get in touch with our sales team for current availability and investment memorandum!
Introduction & Overview
Ancient Sands Golf Resort is a luxury, international quality, off-plan residential golf development in El Gouna, the Red Sea’s premier leisure destination. Early investors have access to a one-time pre-launch opportunity, to secure their pick of the Hilltop Village first phase units. Prices during the pre-launch of this exceptional development, are 10% lower than at launch, with additional price increases scheduled before Hilltop Village completion.
Ancient Sands Golf Resort can be discovered in the world famous resort town of El Gouna. El Gouna is owned and developed by Orascom Hotels and Development, part of Egypt’s largest corporate group, controlled by the billionaire Sawiris family. The development is 22 km north of Hurghada International airport on Egypt’s incredible Red Sea Riviera. On a site of 2.1 million square meters, Ancient Sands Golf Resort is centred around an 18-hole Karl Litten designed championship golf course and golf club estate house. Luxury three, four and five bedroom villas surround the golf course and beautiful blue lagoons, that flow to the sea. The heart of the development, the Hilltop Village, is home to studio, one, two and three bedroom apartments and two bedroom townhouses. Twin villas nestle into the hill below. These spacious homes have ample terraces that enjoy views to the stunning red tinted mountains, the lagoons, the crystal clear waters of the Red Sea, or the lush fairways of the golf course.
Ancient Sands Golf Resort at El Gouna. LIFE AS IT SHOULD BE.
Exclusive Pre-launch Opportunity - Prices 10% below launch prices - Anticipated price increases of at least 30% during construction - Reserve early to select the best units - US$ 5,000 non-refundable deposit to secure your unit of choice - Only 20% payable at exchange, 20% after six months, 60% on completion - Mortgage finance available at completion - One year complimentary Quintessentially membership - Limited time availability for pre-launch opportunity - only 73 units - Chance to join the advance villa selection list Why Invest? In Summary 1. Steady capital growth of at least 15% per annum expected for Ancient Sands Golf Resort 2. Strong demand - both domestic and International 3. Mortgage finance is available at completion 4. Estimated 14% gross rental yield, based on 75% occupancy 5. Robust tourist market - with over 11 million visitors in 2007 and over 1.3 million bed nights in El Gouna in 2006; achieved occupancy of 83% in 2007 6. Stable and growing economy - driven by governmental reforms 7. No capital gains tax 8. Established resale market - approximately 4% of homes are resold in El Gouna each year (a figure close to European levels of housing turnover) 9. Low income tax 10. Low registration fees 11. No inheritance tax Deal Summary Pre-Launch Real Estate Offering Apartments: S - tudio, one & two bedrooms - Townhouses: Two bedroom - Only 73 units available Prere-Launch Deal - 10%
Bedrooms: |
Bathrooms: |
Price (€): |
0 (studio) |
1 |
107,700 |
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Features:
Beach Golf Spa
Submission Date:
01-22-2009
Last Update: 03-20-2009
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Advertiser Details:
Name:
Bruno Friedl
Company:
INRES international, investment & real estate
Phone:
0049-8031-941287
Fax:
0049-8031-941588
Mobile:
0049-176-23 35 97 98
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