Property in Sharks Bay Resort

Egypt Sharks Bay Resort|Sharm El-Sheikh |Egypt

Property in Sharks Bay ResortProperty in Sharks Bay Resort
 
Property in Sharks Bay ResortProperty in Sharks Bay Resort
 
Property in Sharks Bay ResortProperty in Sharks Bay Resort
Property in Sharks Bay Resort

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Sharks Bay Resort Quickspec
Development name
Sharks Bay Resort, Sharm El-Sheikh, Egypt
Type
Coast
Starting Price
£45,590 Convert This Currency
Status
Completed
Planned Completion Date
Completed
Features
Invest in Egypt’s No.1Tourist Hotspot
5* Luxury Hotel with 500m of private sandy beach
Index-linked Guaranteed net rental of 7% for 10 years
 

 
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Sharks Bay Resort

Make money while others sleep!

Buying into a hotel is now a main focus for property investors, here is an ideal opportunity to do this and benefit from personal use too.

The Sharks Bay Resort is ideally located in Sharm El Sheikh, the development is completed and is currently one of the most luxurious 5 star, all inclusive hotels within the area.

With a rental guarantee of 7% for 10 years – get in now. The development offers a range of accommodation, including:

• Standard Hotel Rooms
• Superior Hotel Rooms
• One Bedroom Chalets
• Two Bedroom Townhouses
• Three Bedroom Townhouses
• Three Bedroom Villas
• Four Bedroom Villas

With a frontline location and a private beach coupled with unrivalled facilities this development truly is one of the best we have seen in Egypt.

Click here to see a layout of the resort.

Location

Sharks Bay is an elite touristic area, with a wonderful combination of sea, gulf, and mountain scenery. It encompasses a number of high end 5 star hotels and resorts with a few residential properties that have marvelous views and beach access. The area is originally very famous as a diving destination.

WHY EGYPT?

• The perfect combination of Ancient history and Modern life.
• Low-cost investment with high returns.
• Beautiful warm and dry weather 365 days a year.
• A unique mix of wealthy culture, beautiful beaches and golden deserts.
• 3-5 hours direct flights from Europe all year round.
• A steadily growing tourist destination.
• Investors getting on the real estate ladder now, will gain huge profits in an emerging market with an increasing demand.
• Egyptians are hospitable and extremely friendly to tourists.
• Cost of living in Egypt is around 20% of UK rates.
• Charges for title deeds and registration as low as 3%.

Construction Schedule

Sharks Bay is a completed development. All suites / apartments come fully furnished and are ready for immediate use.

Facilities And Maintenance

The resort has a superb range of on-site facilities and amenities:

• 5 star resort ideally Located on the sandy beach of Shark Bay
• 720 Rooms , Chalets and Villas with exotic pool and sea views
• International, A La Carte and Seafood restaurants
• 2 Outdoor swimming-pools with water slides and artificial waves
• Indoor swimming pool
• Diving and Aqua sports centre
• Tennis and Squash courts
• 500 metre private sandy beach
• Convention centre with a capacity of up to 1000 delegates
• Health Club and Gymnasium
• Shopping Arcade
• Beauty Salon
• 24 Hours shuttle bus to the city centre

Payment Terms

The Right Move Abroad have a refundable reservation fee policy which enables you to hold an apartment for up to 28 days without actually committing to the purchase. This enables you to view the development and do further due diligence prior to signing your contract and paying your first instalment. The reservation fee is only refundable if the client views the property for sale in the development with The Right Move Abroad within the 28 day period. Only 10% of your reservation fee is retained by The Right Move Abroad as an administration charge. We will accept verbal reservations which are valid for 72 hours. The refundable reservation fee is £2,000 and should accompany a signed reservation form which is available upon request. This reservation fee is deducted from your first instalment. After 28 days of receipt of your reservation form and cheque, the reservation fee becomes non-refundable.

Option 1: 100% on contract (minus reservation fee). Choice of this option entitles you to a 5% discount from the purchase price.

Option 2: 50% on contract (minus reservation fee) / 50% within 1 year consisting of 4 quarterly (12.5%) payments.
NB: The rental guarantee is 3.5% until apartment paid up in full with this option.

Property Management

This development offers all investors a net Guaranteed Annual Return of 7% for 10 years. This guarantee is index-linked so your 7% share increases in line with your property value.

About the Immediate Vicinity

Hay el Nour
The first residential area in Sharm El Sheikh and a nature extension of Naama Bay residential area is located about 2.5 km away from Naama Bay with both old and new buildings. Hay el Nour has been recently expanded to include the brand new extension located next to the largest church in Sharm. Although a residential area, a lot of businesses are beginning to relocate there.

Hadaba
Hadaba is a quiet, sun soaked resort on the outskirts of Sharm el Sheikh. Hadaba’s wide range of hotels and holiday villas are situated in beautiful locations on the Ras Om Sid promontory. Staying at Hadaba, holiday residents are a five minute taxi or bus ride to Naama Bay, the bustling heart of beach and dive hotspot Sharm el Sheikh. Hadaba is not only an appealing relaxed destination for tourists, but also famous with Sharm’s prime residential area the Marine Club Villas.

Activities
One of the best things about this area is the diversity of activities available to visitors:

• Diving Snorkelling
• Wind Surfing
• Water Skiing
• Parasailing
• Karting
• Bowling
• Quad Biking
• Horseback Riding
• National Parks

Night Life
A romantic meal for two, a round of drinks with your friends, enjoying a live jam, or just clubbing the night away, Sharm El Sheikh has it. A wide range of romantic or family dinners, bars and clubs as well as speciality restaurants and coffee shops are available, Sharm is famous locally and international for the hippest and top-rated places to be.

Shopping
There are two types of shopping options in the Sinai and Red Sea area and visitors can enjoy each of them for the distinctly different opportunities which they present. You can either shop till you drop in the modern style malls or seek out the bargains in the traditional bazaars or souks.

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