By purchasing off plan on this first phase gives buyers the opportunity to take advantage of choosing property in the best location and at the best prices. Secondly, they benefit from capital gain over the two year build period. Completion date for the first phase at West Side Village is April - July 2010. With a predicted 27% capital growth per annum, investors can expect 100% return within three years. Rental potential is set to increase, even domestically, with typical returns of around 12%, as UK firms such as British Gas, Shell, Unilever, HSBC and Barclays Bank invest heavily in Egypt. Current low inflation rate; 3.1% in 2006. Hurghada is growing fast and is doing so on the back of a massive increase in tourism from around the world - not just Britain! The infrastructure is in place with a modern international airport just 10 or 15 minutes from the centre of town, roads, amenities and hospitals are all good - and the property prices have been | growing at a fast rate - you can expect your
investment at West Side Village to grow by around
27% a year - and your rental income up to 12%! It's not just a place to think of as a holiday home - it is a safe alternative investment opportunity to that which is on offer in Europe right now! And with prices starting from 25,948 for a studio, rising to 84,864 for a 2 bedroom Penthouse with it's own private roof terace - this is a perfect time to invest! The buying process could not be easier - a simple 10% reservation fee; 30% with contract within 28 days and the balance paid interest FREE over 24 equal monthly instalments or if you are ready to take delivery earlier simply pay the outstanding balance and move into your new home! So what are you waiting for? |
