Anthony Fernandes

Anthony Fernandes founded
SPC - smart property consulting
and is a renowned industry
expert on property in NE Brazil.
He leads a team of property
professionals and is referenced in:
The Move Channel The Mail Overseas Property Professional

Lotus Breeze

New-development, Off Plan Investments

Apartment

Hurghada, Hurgada, Egypt

Price:

Bedrooms:

Bathrooms:

Unit size:

Ref:

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Description

A gated European style development situated within the
Intercontinental area of Hurghada, located behind the Hilton
Hotel and less than 50 meters from the main promenade
leading to the beach. The complex will consist of luxurious
studios, one and two and three bedroom apartments complete
with their own private terraces and stunning views from almost
all apartments. Easy reach to the promenade providing a wide
range of international eateries, bars, shopping malls, nightlife.

Location

Once a remote sleepy fishing and oil extraction village, Hurghada has become during the past years one of the most vibrant, lively and busy beachside resort towns of the Red Sea Riviera. Merging the old with the new, Hurghada boasts some of the finest hotel chains in Sekala and the tourist district south of it, and the sights, smells and sounds of El-Dahar, a lively hub of everyday Egyptian life, making it one of the Red Sea Riviera destinations with the strongest local flavour. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, but, above all, snorkeling and diving.

Investor View

Lotus Breeze presents an ideal opportunity to invest in Egypt s rapidly emerging property market from as little as £14,500.

Investment return projection

Egypt is a promising market, much like Dubai was when it first started, with appreciation of 15-20%

Property features / Development facilities

Pool Bars
Outdoor Pools
Gymnasium
24 hour security
Pharmacy
Café
Internet and wireless
communal gardens

Payment terms / Estimated completion

-1000GBP on reservation
-40% payment is required at private contract
-30% is payable after 10 months of the initial reservation date
-The final 30% is payable on completion of the project.

Estimated completion: August 2009
Bank guarantee / construction guarantee:
Building license:

Total units & property prices

Number of Units:

0 bedroom Studio: 33,237€ - 35,214€
1 bedroom Apartment: 42,182€ - 53,000€
2 bedroom Apartment: 54,310€ - 59,000€
3 bedroom Apartment: 73,000€ - 74,400€

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7th September 2010