Only minutes away from the heart of Naama Bay, the Sunny Lakes project is designed to ensure maximum privacy without sacrificing comfort or convenience. This development has 32 ground floor 1 bedroom chalets and 12 first floor 2 bedrooms which are perfect for a small family.
All ground floor units include patio, which is perfect for reading, relaxing or entertaining. The first floor apartments have open-air terraces with stunning views and plenty of room for outdoor gatherings.
Located at the southern tip of the Sinai Peninsula, Sharm El Sheikh and its spectacular natural setting makes it the ideal place to purchase a vacation or second home, with its azure waters, striking mountain ranges and fantastic climate all year round.
CAPITAL GROWTH
Buying in Egypt is a fantastic property investment opportunity, with the potential growth investment predicted in the next five years of at least 20% year on year.
Property prices in Egypt are still low compared to Europe and the Middle East – however, since 2000 the areas of the Red Sea and Mediterranean have seen a boom in development and capital returns.
A few good reasons to buy in Egypt are as follows;
* 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.
* Investors getting on the real estate ladder now, will gain huge profits in an emerging market with an increasing demand over supply .
* Cost of living in Egypt is around 20% of UK rates.
* Charges for title deeds and registration as low as 3%.