Reference nr:
MH443223
Description:
3,000 years later and we’re still creating wonders…
Within the lush, landscaped gardens of our exclusive gated community, just moments from the Red Sea. Custom-furnished to personal 5 star specifications, fully equipped, interior designed and generously proportioned. Beside a world class spa with opulent gym, Jacuzzi, saunas, pools - and dedicated concierge, travel and house-keeping on hand 24/7, award winning Golden Park Resort is now being realised.
From the land of legends, a guaranteed 7% return!
Egypt is emerging as one of the world’s favourite tourist destinations and investors know that where there is growth in this sector, opportunities for sound investments will be prevalent. Finding the right investment with all the necessary legal and planning completed is of paramount importance as is the credibility of the developer. Golden Park is a fantastic opportunity that any serious investor should consider.
The project is being developed by Kimidar Group, Egypt’s second largest tour operator with an existing infrastructure of Hotels and Resorts, which currently services some 4,000 visitors per week at Golden 5 City, Hurghada where occupancy rates are above 85%. In addition, the resort is conveniently located 5km from the new Hurghada £66m airport terminal scheduled for completion in 2011 upon which, arrival capacity will increase from 6.7million to 7.5million passengers.
The Golden Park Resort is an award winning 5 star luxury resort and spa development under construction and located next to Kimidar Group’s largest resort Golden 5 City. This volume of tourism activity that Kimidar Group generate will allow for strong returns and the residential turn-key units are available with a 7% sale and leaseback contract, which also offers owners 4 weeks personal usage.
The properties on offer are Studio, 1/2 Bedroom Apartments and Penthouses through to a range of Villas and prices start from just $69,000 and flexible ownership options are available. Prices include furniture and when buyers assign the property back to Kimidar Group they will receive a 5 year renewable rental guarantee at 7%.
Discover Timeless Living at Golden Park Resort.
Properties are to be sold in US Dollars and is advertised here in Euros at a conversion rate of €1.365 to $1 US Dollar. Prices are subject to change.
Bedrooms: |
Bathrooms: |
Price (€): |
3 |
2 |
278,022 |
4 |
3 |
338,681 |
|
|
|
|
|
|
|
|
|
Features:
Beach Private Swimming Pool
Submission Date:
02-10-2010
Last Update: 02-11-2010
|
Advertiser Details:
Name:
Michael Hradek
Company:
Golden Park
Phone:
+44 (0)207 969 2709
Fax:
Mobile:
|