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Pyramisa Beach [ SOLD ]

 Region: Sahl Hasheesh

 Price: EUR € 52 191

 Bedrooms: 1

 Property Type: Apartment

 Development State: Developed

 
Features: Garden, Pool, Parking, Disabled Access, Terrace / Deck Amenities: Golf Course, In beach resort, 24 Hour security, Childrens Swimming Pool, By the Sea, Childrens Playground Description:
Purchase a front line beach apartment in Sahl Hasheesh offering guaranteed mortgage and guaranteed rental. Prices from £43.950 fully furnished!

Beach Front Location
Buy/Back Guarantees
7% Guaranteed Rental 10 Years
50% Developer Mortgage 7 years

An opportunity for buyers to own their own freehold home as part of this stunning five-star Beachfront Hotel set within Sahl Hasheesh, Hurghada, Egypt. With prices from just £43,950 furnished and a guaranteed 10 year rental income of 7% per annum this is one not to be missed.

Already open since April 2007 and enjoying occupancy rates in excess of 80%, the Pyramisa Beach Resort comprises studio and one and two bedroom suites set right on the sandy shoreline. Five restaurants, a beach bar, swimming pools, and a health & beauty club are on tap site for both owners and guests.

Should logic still demand further reasons to buy then prospective purchasers can ‘try before they buy’ by staying overnight at a ridiculously low rate.

Since the initial 10% reservation payment is refundable until private purchase contract you can reserve , go and stay there, THEN decide.

Worries about off-plan purchase simply do not apply as the hotel is a going concern and the guaranteed rental income at an exceptional rate keeps the books looking very healthy. Service charges are very low so there are no hidden costs to shock you.

There is 50% mortgage over seven years from the developer and a guaranteed buyback after one year of ownership (valid for 9 years!) on all units at initial purchase price. Add in capital appreciation at rates of c.20% per annum and this is a serious investment opportunity



Please note this project is completed and the developer and resort management form part of one of the largest leisure groups in Egypt.

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