Transcript Horizon View Heights Residential Development located in Nabq Bay, Sharm El Sheikh, Egypt EDAR Bay Investments Real Estate 2, Aqua Park, El Khazan.

Horizon View Heights
Residential Development located in Nabq Bay, Sharm El Sheikh, Egypt
EDAR Bay Investments Real Estate
2, Aqua Park, El Khazan Street, Hadaba, Sharm El Sheikh, Egypt
Telephone:
E-Mail:
(002) 010 415 0582
[email protected]
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Welcome to Sharm El Sheikh, Egypt
The Arab Republic of Egypt is a country in north Africa with a population of 76.5 million people. Egypt The 16th most populous country in the
world, the vast majority of its residents live near or on the banks of the Nile River, where the country’s only arable land can be found.
Around half of its population live in urban areas centering around Cairo, Alexandria and other towns in the Nile Delta.
The country includes the Sinai Peninsula - a land bridge that connects Asia to Africa. It has borders with Libya to the west, Sudan to the south
and Israel and the Gaza Strip to the east. The northern coast borders on the Mediterranean Sea, while the eastern coast is situated on the Red
Sea. Sharm el sheikh is now a booming tourist city with everything for all the family.
Egypt is one of the best countries in the world for divers with amazing coral reefs and tropical under water life. Sharm also offers beautiful
sandy beaches, water sports, excursions and nightlife. And not forgetting summer temperatures all year round! It is not hard to understand
why so many people are investing in property in Sharm El Sheikh, even throughout the financial crisis worldwide, Egypt still remain a hot spot
for high investments.
Sharm El-Sheikh International Airport has been developed and expanded to receive big aircraft and the steady increase in the number of flights;
it is accommodating now 1200 passenger/hour.
The port of Sharm El-Sheikh, which can accommodate different types of vessels, played an essential role in connecting the city with the world,
besides smaller local ports for diving boats.
Horizon View Heights
Residential Development located in Nabq Bay, Sharm El Sheikh, Egypt
The project consists of twelve individual apartment blocks, and will have
a maximum height of only three floors per block, optimizing views from
all floors
Location:
Horizon View Heights project holds prime location on Nabq
bay’s second highest point boasting stunning views of the
Red Sea, Sinai Mountain Range and Nabq National Park
Land Size:
20,000 square meters
Commercial:
The project will have luscious green landscaped communal
areas, a large swimming pool with separate children's pool
and play area. The commercial centre will have a
supermarket and pharmacy, wine bar and restaurant among
many other services
Leisure:
If your feeling fit then why not make use of the on site fully
equipt clubhouse, gymnasium and spa. Offering a wide range
of sporting activities and pampering packages.
Your on site shuttle bus is available to take you to the
projects private beach and the nearby 18 hole championship
golf course, not to mention shopping malls and an
abundance of local activities and amenities
Horizon View Heights
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Developer & Investment Details
The project is designed by European architects, who follow the projects from start to finish and are committed to deliver on time.
The project conforms to European construction and hygiene standards and respects all Egyptian regulations. Horizon View Heights will have
the feeling of Mediterranean paradise with natural colorings and wooden beams, soft rounded edges and rich bright gardens.
Designed to blend in with our natural surroundings of the Sinai desert, Horizon View Heights will be colored cream and sand. The
construction has already started, and the construction will be completed by June 2010.
Real estate investment still remains the most secure and profitable investment, compared to stocks and bonds. It is a fact that that property in
the Red Sea has a very interesting return on capital.
Some sources state, and we are witness to the fact, that after 2 years on certain residential resorts there has been an increase in value equal
to 50%.
Lets not forget that the fiscal laws in Egypt are paradise compared to Europe. A factor that is not to be underestimated and which is pushing
more and more foreigners to purchase not only as a second or holiday home but as pure investment as well. In Egypt there is no capital gains
tax and no vat or property tax for foreigners.
The last 3 years Sharm el Sheikh has seen a large increase in the demand for long term, as well as short term rentals which guarantee a stable
annual income for the investor. Prices of property in Sharm El Sheikh are notably lower than those in Europe and with constant annual
growth, thanks to the investment boom surrounding the Red Sea, prices are set to keep increasing in the future.
Some of the more important financial newspapers have published some very interesting articles on the matter. One only needs to come to
Sharm to realize the potential for themselves. On purchasing a property through El Khyat, all contracts are officially translated into the
purchasers mother tongue, with legal advice available giving you, the investor peace of mind.
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General Perspective Layout
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Real Life Location Images
Due to the location of the project land – most properties enjoy a beautiful view of
the Sea, mountain, Tiran Island and/or swimming pools
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Planned Project Facilities
Reception & Kitchen:
Each unit has been designed with you in mind. Enjoy relaxing in your large living room with
modern American style fitted kitchen to European standard.
Bedroom/s & Bathroom:
Spacious bedrooms offering fantastic views from the large tinted windows and your
bathrooms include modern European ceramics and finishing.
Interior/Exterior:
Interior and exterior finishing's are of a European standard and particular attention is paid
to the bathroom and kitchen areas, with many large windows throughout the apartment
providing ample natural light and ambience.
Additional Advantages:
All the units will have access points for air conditioning, telephone and satellite television,
including WIFI.
Facilities:
The surrounding area of the complex will have private parking and access road with
security, and lighting, offering easy and direct access to your door.
Planned Resort Facilities are as follows
Suitable for Families, children and the elderly
Private/communal landscaped gardens
Parking facilities
Internet access
Rental opportunity
Shuttle bus service
Main Swimming pool and children’s pool
Large commercial area
24 hour security and management office
24hr porter service
Satellite television
Beach Access
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Property Sizes available & General Floor Plan
The project consists of studio properties, one bedroom and two bedroom apartments:
Studio properties:
One bedroom apartments:
Two bedroom apartments:
Available from 40 square meters to 65 square meters
Available from 58 square meters to 72 square meters
Available at 89 square meters
Private roof terrace area available – charged separately
Typical Apartment Layout
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Financial Details
FROM 16TH AUGUST FOR ONLY 4 WEEKS THE PRICE PER SQUARE METER IS
ONLY 4500 LE
PROPERTIES NOW AVAILABLE FOR ONLY 185,000 EGYPTIAN POUNDS
CONTACT EDAR BAY INVESTMENTS FOR MORE DETAILS
Additional Details
Roof Terrace:
Private roof terrace areas are sold separately at 40 square meters
65,000 Egyptian Pounds in total
Payment Terms:
50% deposit required on signing of the contract (negotiable)
Installments paid quarterly with the last installment being made June 2010
Property Delivery Date:
June 2010
Cheryl Wilson
Executive Manager
EDAR Bay Investments
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For further details,
Please Contact
Office Address:
2, Aqua Park, El Khazan Street, Hadaba
Sharm El Sheikh, Egypt
Telephone:
(002) 010 415 0582
E-Mail:
[email protected]
Website:
www.e-dar.com