Samra Bay is the last beachfront plot remaining in the Golden Mile of Hurghada, an area which benefits from almost 365 days of sunshine per year, with an average daytime temperature of 30 C, and very little rainfall. Nearby attractions for tourists include The Nile, Pyramids, The Sphinx, Karnak Temple, Cairo Museum and The Valley of the Kings. For the Investor, upmarket hotels in Hurghada have occupancy rates of over 80%, while there are 6.8 million arrivals per annum, which is equivalent to over 120,000 airport arrivals every week. Egypt forms part of the CIVETS group, with strong economic growth and great potential for tourism, where growth figures are forecast at 6% pa until 2016. * Located within the Golden Mile * Suitable for SIPP Purchase* * 125% Developer Buyback Option * Fully furnished * Minimum 80% net return over 8 years * 2 weeks Personal Use pa & 50% discount on all facilities. * Sterling equivalent price on 28 June 2011 was £129,750 approx. NB. Images are computer generated. |