Sunday, December 26, 2010

property for sale in sharm el sheikh



Property for sale in Sharm El Sheikh, Egypt

As an investor buying property in Sharm El Sheikh you can expect above average returns from investing in off-plan properties in Sharm El Sheikh. Why?

WHY BUY SHARM EL SHEIKH PROPERTY:

  • Unique micro climate with over 300 days of sunshine each year
  • Potential long term property rental returns from holidaymakers and divers
  • Easy accessibility to anywhere in the world through Sharm el Sheikh international air port
  • Lower cost of living
  • Sharm El Sheikh Property prices still good value compared to the UK and Spain
  • Steadily rising annual property values all along the coast.
  • New restrictions on building density
  • New developments mean a constand supply of property for sale in Sharm El Sheikh.
  • 10 year building guarantees
  • Non-resident friendly
  • Constant improvements to infrastructure (Airports, golf courses, amenities, roads, etc)
  • Sophisticated shopping, nightlife, and international restaurants

3 reasons for investors to buy property in Sharm El Sheikh:

  1. Properties for sale in Sharm El Sheikh are priced BELOW today's market value (You literally buy your property at a discounted price).
  2. Your equity is limited to only around 30% of your property's price. (You only pay a fraction of the total sales price to secure your ownership rights).
  3. During construction you can sell your Sharm El Sheikh property on to a 'lifestyle' buyer benefiting from any pre-scheduled price increases from the developer and additional capital market growth. Or, elect to go to Title Deed and complete your purchase; then sell the property on approximately two years later and see potentially even bigger gains on your investment due to the development's 'mature' status and desirability (it's easier to sell a completed apartment with a beautiful swimming pool and gardens than something still in construction

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1 comment:

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