egypt property buying guide to 2010
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Coldwell Banker – New Homes in association with Select Property presents
Royal Beach and Paradise Gardens
Why Property?Enjoy all the lifestyle benefits of a property while watching your investment grow
• Double Your Money: It’s reported that on average …the value of a property doubles every 10 years
• A Tangible Asset: It has intrinsic value unlike paper …assets
• High Rental Returns: In a desirable tourist location …returns will be high
• Get Rich: Largest sector of the World and Europe’s …Rich List make their money from property …investments. Leverage using other people’s money …to magnify the investment as a % of the invested …money
• Immediate Benefits: Why wait for fixed-term bonds …to mature or be restricted by savings accounts with …limited access? Benefit immediately, enjoy the use …of a property as well as the financial rewards
• Lifestyle: Have fun and make money
Why Property?Enjoy all the lifestyle benefits of a property while watching your investment grow
Why Egypt?The No. 1 Destination for Growth
• Great Location: Direct access from Africa, Middle …East, Europe and Asia
• The Climate: Year round sunshine, premier diving …destination and fantastic golf
• Strong Tourism: According to ABTA, Tourism from …the UK alone is increasing 20-25% per year
Country Visitor Numbers up by
Russia 51.9%
Germany 12.4%
United Kingdom 2.1%
Italy 25.1%
France 24.6%
Libya 0.8%
Saudi Arabia 6.2%
Ukraine 74.7%
Poland 69.7%
United States of America 19.4%
Why Egypt?The No. 1 Destination for Growth
• Non-Eurozone Advantages: Investors can benefit …from lower priced properties in good locations to …maximise their returns. Egypt also holds a stable …currency.
• High Growth: Strong GDP Growth (7.1% in 2007, …7.2% in 2008, 4.7% in 2009 and approx 5.5% in …2010)
• Shared Vision: With sound economic policies in …place, Egypt’s fundamentals are providing for a …growing economy, foreign investment and increasing …tourism
Why Hurghada?Strong Tourism & Large Rental Market
• Government Backing: Increasing infrastructure …investment 75% by 2012 – 2013 to $36.6bn
• Booming Tourism: Plans to increase tourism from …7.5 million to 15 million by 2015
• Popular Destination: £66 million new terminal …underway at Hurghada airport, increasing capacity …from 6.7 to 7.5 million
• Cheap Flights: Operating 5 flights a day from Cairo
(Egypt Air and Air Sinal). Plus Jet2, Easy Jet and Emirates airlines now fly or plan to add Hurghada to their route in 2010.
• Strategic Location: Gain optimum returns by …investing in up and coming areas that are …experiencing high growth
• Property Market: Growing international and …domestic market from Cairo and Alexandria with …hotels in the area operating on average at 90% …occupancy
Must HaveInvestments for 2010
Sahl Hashessh
• The Pyramisa Group are one of Egypt’s largest real estate, hotel and management companies
• Pyramisa Group have Hotels and Resorts in Cairo, Luxor, Aswan and on the Red Sea in Sharm El Sheikh, Hurghada and Sahl Hasheesh Operates over 6700 hotel rooms throughout Egypt
• Over 31 years experience and a successful and expanding business listed on the Egyptian Stock Exchange
• Pyramisa work strategically with leading global marketing partners To market their resorts: Expedia, Booking.com, Saga, Pegasus, Tez tours, Thompson and Medina to name a few
• Beyond the success of Pyramisa lays a very simple and unique strength, they both construct and manage their resorts but also sell hotel rooms and residential resort properties to investors
• Beyond the company, Pyramisa is a lifestyle brand. Investors in any Pyramisa hotel or resort qualify for a 10 year membership in the Pyramisa Owners Club. Members benefit from a week’s exchange per year in any of their hotels and 20% discounts on all hotel services
Five Star Beach & Golf Resort, developedBy Egypt’s largest private hotel group
• Paradise Gardens is located within the exclusive master- planned resort of Sahl Hasheesh that is unprecedented on Egypt’s Red Sea Coast
• €180 million already invested in infrastructure
• Sahl Hashessh is set to become a world class destination ...and a premium beachfront resort on the Red Sea Riviera
with opulent central piazza, 600 berth marina, over 300 shops, restaurants, golf courses and upscale hotels
• Just 20 minutes from the airport and moments from the Red ...Sea’s fantastic diving facilities
Paradise Gardens
• Situated100 metres from the beach
• Central location in Sahl Hasheesh with access to an array of
shops, amenities and restaurants and surrounded by 3 golf courses
• Backed by Pyramisa, the largest developer in Egypt, Listed on the stock exchange
• Owners benefit from 20% discount on hotel services and …a week’s free stay a year in any Pyramisa hotel
• With an on-site hotel, the backing of Pyramisa and its …surrounding golf courses, Paradise Gardens marketability will …be sustainable and enable owners to command higher rental
return and capital appreciationProperties now 80% complete withA 5 year payment plan available & up to 7% Guaranteed rental with 6 weeks free usage
Paradise Gardens
Fully serviced properties in a 5-star resort on Egypt’s highly desirable Red Sea Riviera
Investment Amount From only
617,618 LEGuaranteed Rental Income = 111,171 LEStart enjoying from next year on completion
Paradise Gardens
What makes Paradise Gardens a No.1 investment opportunity
• Investment: Up to 7% rental guarantee for 3 years. Paradise
Gardens’ fully serviced properties, locality, five-star facilities and golf facilities offer sustained marketability for both short term and long term lets. The Red Sea coast is also a growing tourism destination and investors can expect to gain financial rewards over a medium to long term
• Security: In addition to the significant investment in the area,
this project has gained licence approval and legal due- diligence has been undertaken
• Payment: Offers buyers a payment over the build period with
low deposits or a unique 5 year non-status payment plan, directly from the developer and significantly reduces the capital expenditure for buyersWhy wouldn’t you invest?
What makes Paradise Gardens a No.1 investment opportunity
• Price: Very competitively priced compared to neighbouring
properties and offered with low deposits presenting a great case for investors looking to maximise their return on investment
• Location: A stunning five-star residential project, complete with hotel, Paradise Gardens is situated in the master- planned resort of Sahl Hasheesh. Located just 20 minutes from the airport and Hurghada., Paradise Gardens holds an enviable frontline position, engulfed by a championship golf course.
Why wouldn’t you invest?
Hurghada
• The developer for Royal Beach is EgyFrance, this is a joint venture company, consisting of Prima Crete and France 2
• Prima Crete for Construction & Development was founded in 1964, has more than 500 employees. Projects include building – apartments, schools, hospitals, factories and tourist resorts
• Current developments in Heliopolis, Cairo includes Royal Towers & Sheraton Palace
• France 2 Hotels & Resorts founded in 1975 own and run 5 hotels in
Paris. Current Tour Operators – 200 independent agents across France and Egypt which in turn they will use to promote Royal Beach upon completion
Royal BeachEgypt’s Premier Beach Club Residence
• Situated in a prime location, only 5 minutes drive to El …Gouna, the largest and most popular community in …Hurghada
• Private beach and spectacular waterfront location
• Backed by developer Egyfrance, developer of hotels …and international properties. Generate high rental …returns with their strong marketing management position
• Fantastic five-star leisure facilities including pools, waterfalls, spas, restaurants, 20 boutiques, cinema rooms, 5 on-site bars and water sports facilities
Royal BeachEgypt’s Premier Beach Club Residence
• Just 15 minutes from the airport and 8 kilometres to the …surrounding towns
• Magnificent sea and beach views from apartments
• Located in an area exclusively designed for 5* hotels
• Excellent rental guarantees which will cover more than …half of your yearly payments once properties complete
7 year payment plan & 31.5%guaranteed rental over 5 years
Royal BeachExclusive beachfront location, waterfront propertiesand outstanding facilities
Investment Amount From only
347,908 LE
Guaranteed Rental Income = 109,565 LELow amount down and reap thefinancial rewards within 2 years
What makes Royal Beach a No.1 investment opportunity
• Investment: 31.5% guaranteed rental over 5 years (Av. …6.3% per year). Royal Beach’s locality , facilities and private …beach offer sustained marketability for both short and long …term lets. The Red Sea coast is also a growing tourism …destination and investors can expect to gain financial …rewards over a medium to long term
• Security: Licence approval and legal due-diligence has …been undertaken on this development.
• Payment: Easy 7 Year Payment Plan. Pay only on …construction milestones.
Why wouldn’t you invest?
What makes Royal Beach a No.1 investment opportunity
• Price: No other five star resort with as many facilities …compares on price.
• Location: Set directly on the beach, Royal Beach is one of …the few residential projects situated within an area …designated exclusively for hotels. Located just 15 minutes …from the airport and 8 kilometres from El Gouna, Royal …Beach is also with easy reach of an 18 hole golf course and …supermarket
Why wouldn’t you invest?
Coldwell Banker – New Homes in association with Select Property presents
Royal Beach and Paradise Gardens