3 bed Apartment in Sahl Hasheesh , Egypt
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Introduction to this 3 bed Apartment in Sahl Hasheesh , Egypt

Property Type:
Apartment
Town:
 Sahl Hasheesh
Country:
 Egypt
Beds:
 3
Plot Size:
Build Size:
Asking Price:
£121800 (GBP)
 
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Description of this 3 bed Apartment in Sahl Hasheesh , Egypt

Apartment descriptions & choices
Development has been designed by Dr. Hussien Abu Sieda, the architect responsible for the Sahl Hasheesh master plan.
His vision of an intimate and luxuriou

Apartment descriptions & choices
Development has been designed by Dr. Hussien Abu Sieda, the architect responsible for the Sahl Hasheesh master plan.
His vision of an intimate and luxurious retreat has resulted in perhaps the most beautiful and exclusive resort on the Red Sea’s coast. Development offers and 165 apartments of varying sizes all located on 4 small islands. Each island will be made up of a formation of different types of blocks all set within beautifully landscaped gardens.
All the blocks are three stories high and there are four different block types with accommodation split as follows:
Block Type 1 – 12 x 1-Bed Apartments (4 per floor)
Block Type 2 – 6 x 2-Bed Apartments (2 per floor)
Block Type 3 – 6 x 2-Bed Apartments & 3 x Studio
Apartments (3 per floor)
Block Type 4 – 6 x 3-Bed Apartments (2 per floor)

Travellers have marvelled at Egypt’s archaeological wonders for centuries, ever
since the Ancient Greeks visited the pyramids.
Today, the ancient wonders attract millions of tourists each year to the pyramids and Great Sphinx at Giza, The Valley of the Kings and Karnak temple at Luxor, mosques and great monuments of the Nile Valley, as well as the stunning diving resorts of the Red Sea. Egypt also offers the perfect climate for year-round holidaying with guaranteed sunshine from January to December. Visitors can enjoy all the country has to offer such as luxury resorts, fantastic golf courses, breathtaking scuba diving, unforgettable Nile cruises, fine-sand beaches and exclusive nightspots. Egypt’s ancient heritage lives alongside a thriving economy, making it a perfect place to visit to unwind, indulge or splash out. The Red Sea Riviera, a stunning stretch of coastline, is a favourite with holidaymakers from all over the world because of its beautiful location, warm waters and proximity to all the cultural treasures of Egypt.

1. A country rich in cultural and historical sites
2. Property is currently enjoying 25% steady year-on-year capital appreciation.
3. The Red Sea Riviera is one of the most beautiful settings in the world.
4. Tourist figures are increasing yearon-year.
5. No capital gains tax on property sales by foreigners and no inheritance tax on any property sales by foreigners.
6. Simple purchase procedures.
7. A politically stable country with strong economic growth committed to encouraging overseas buyers to the property investment market.
8. Huge land investments by foreign developers, such as from Dubai and Europe.
9. Easy access by air.
10. 365 days of sun.
11. Low living and maintenance costs.
12. Friendly people and English is widely spoken.

Sahl Hasheesh is an exclusive resort set in one of the world’s most beautiful locations. Situated on the Red Sea, surrounded by majestic sand dunes, palm trees, golf courses and home to an underwater site, ‘The Sunken City’, offering unrivalled diving opportunities, Sahl Hasheesh presents itself as a unique opportunity for investment. This dynamic resort neighbours Serrenia, the world’s most spectacular and innovative resort to date, created by award-winning architects Foster and Partners.
It is a luxurious development which will be home to palace residences, private villas, apartments, an exclusive 7-star hotel, designer boutiques, a 330-berth Camper & Nicholson Marina and yacht club as well as a worldclass golf complex and spa. Less than five hours from the UK in one of most beautiful bays in the Red Sea, this master-planned resort has been inspired by rich Egyptian architecture and heritage. Easily accessible, it is situated just 17 km south of Hurghada International Airport between Hurghada and Safaga. Luxor and the Valley of the Kings are just 200 km away, making it an ideal base for discovering the wonders of Egypt. Egypt’s ancient heritage lives alongside a thriving economy, making it a perfect place to visit to unwind, indulge or splash out. The Red Sea Riviera, a stunning stretch of coastline, is a favourite with holidaymakers from all over the world because of its beautiful location, warm waters and proximity to all the cultural treasures of Egypt.

Sahl Hasheesh facts

1. 3 golf courses.
2. Breathtaking setting.
3. Largest, super-yacht marina in Egypt.
4. Unique sunken city.
5. Major international themed hotels.
6. Only 14%-16% build density.
7. Cinema complex.
8. Vast array of restaurants, bars and clubs.
9. International shopping.
10. Central plaza for open-air concerts and markets.
11. 250 m boardwalk out to the sea.
12. Major development by Foster and Partners.
13. Strict planning restrictions by local council.

Set in the heart of Sahl Hasheesh, It is a premium development of just 177 properties. The development features intimate blocks set in small clusters around private pools and is also the only such development to offer individual villas as part of its portfolio.
Enveloped by a golf course, its elevated position enjoys stunning 360° views across the
bay, the impressive entrance and the dramatic mountain backdrop.
As well as first-class, onsite facilities that include the world’s first Mark Foster Health Club & Spa, Sahl Hasheesh property owners will be able to enjoy the outstanding facilities on offer in Sahl Hasheesh, just a short step away.
They will have the honour of displaying an original cast bronze of The Horses of Helios, an impressive and worldfamous equestrian statue located in London’s Piccadilly Circus. Using the original moulds, sculptor Rudy Weller has made a second bronze casting. The sculpture, a symbol of life, power, strength and energy, will be situated at the entrance.

SAHL HASHEESH
1. Only 177 units.
2. Only development with villas.
3. Extremely low density, intimate build.
4. Mark Foster Health Club and Spa.
5. 6 pools including a 25 m lap pool.
6. Lush, landscaped gardens.
7. Elevated position.
8. Direct access to beach.
9. No building in front or behind.
10. Extremely competitive launch prices.
11. Enveloped by a golf course with 24-hour security and concierge service.
12. Business centre.
13. Restaurant and bar.
14. High-end finishes and specifications.
15. Rental pool.
16. Low maintenance costs.

Mark Foster Leisure Club & Lee Sharpe Football Acadamy

Mark has chosen Sahl Hasheesh to launch his first Leisure Club and Spa. Mark is better known as the fastest swimmer in the world that has held 8 world records, 6 world championships and is a four-time Olympian. His unique vision for his state-of-the-art,
onsite complex matches perfectly with Sahl Hasheesh ’s relaxed and healthy lifestyle ideals. Whether you want to follow one of the training schedules that Mark has specifically created for o Sahl Hasheesh or spend your time being pampered with the latest spa treatments, everything you will need will only be moments from your front door. As well as the five private pools that serve your home, there is a 25 m lap pool to help keep you in peak, physical condition. Lee Sharpe, ex-Manchester and England footballer, is expanding his football academy into Egypt and has chosen Sahl Hasheesh to base his activities from. There will be a dedicated area in the bar displaying mementoes from his illustrious career.

FAQ’ s
1) Where is Sahl Hasheesh Resort?
Sahl Hasheesh resort can be found near the shores of the Red Sea, in the ultra-exclusive resort area of Sahl Hasheesh near the town of Hurghada, Egypt. About30 km south of El Gouna.
2) Are the properties freehold or leasehold?
All the properties are freehold.
3) Who is developing Sah Hasheesh?
El-Riad is the construction company.
4) Does the developer have land title?
Yes, the developer has full legal title to the land.
5) What licenses have been granted?
All the necessary licenses and planning permissions have been obtained, and are available upon request.
6) When will construction begin?
Construction will begin in January 2008.
7) When will the property be completed?
The properties will be completed in 3Q 2009.

8) What is the payment plan?
A deposit of £5,000 is required to reserve the property and is fully refundable for 21 days. A further payment, making the deposit up to 40%, is required on signing contracts. The balance is payable upon completion. The developer will offer mortgage facilities of 60%, subject to status, at an appropriate time before completion.
9) Can the properties be bought in a
company name?
Yes, but companies cannot take out the mortgage. Purchasers may not have mortgages on more than two
Egyptian properties.
10) Are mortgages available?
Yes, a capital and repayment type mortgage is available, subject to status, on 60% of the purchase price at a rate of 1.5% above LIBOR (total approx 6.5%) for a (current) period of 10 years.
11) What is the yearly maintenance fee?
The yearly maintenance fee will be £500-£1,000 per annum dependant upon unit type.
12) Is there a builder’s warranty on new build, if so, for how long?
The builder’s guarantee is two years but the property (as all properties in Egypt) is covered by a clause in the Civil Code which gives a 10-year guarantee on the building itself (not internal finishings and fittings) from the architect and the contractor.
13) What type of running costs should the client expect?
Apart from the annual Real Estate Tax of EGP500 (approximately £50) and the annual maintenance fee, there will be utility (water and electricity) charges that are substantially lower than European comparisons.
14) How much will the building and contents insurance cost?
Approximately £100 p.a.
15) What is the construction of the building?
The foundation of the building is reinforced concrete.
The construction is of brick.
16) What will be the orientation of the apartments?
The apartments will face southeast.
17) Will the apartments have views?
The elevated position of the site will give the properties golf, mountain and/or sea views.
18) Will there be a rental pool?
Yes, with rental prices based on our achievable, rental return calculations.
19) How long is the rental season?
12 months.
20) What is Egyptian design and finish?
Normally in Egypt, a new build property is sold as a shell. Doors and windows are not installed, walls and floors are not finished, and kitchens and bathrooms are
not equipped. The Development will have European design and finishes.
21) What is European design and finish?
European design and finish includes; polished ceramic floors, tiling in kitchen and bathrooms, windows and doors installed, all electrical installations, pre-installation for digital TV platforms as well as sockets for telephone, television and data lines. Fitted kitchen with base units, stainless steel sink, granite worktops and mixer taps. Bathroom sanitary fittings in white porcelain (toilets, sinks, baths showers) with mixer taps and extractor fans. Bedrooms with fitted wardrobes.
Please note: We will be providing European design and finishes.
22) Are the properties sold fully furnished?
Furniture and kitchen appliances are not included in the sale price, but will be available as furniture packages.
23) What are the purchase costs?
Registration of the unit and lawyer fees (all closing costs) will be circa 5% of the purchase price.
24) What are the lawyer’s fees involved in the purchase of the apartment?
See question 23 above.
25) Is there a Real Estate Tax?
There is an annual Real Estate Tax of EGP500 (approximately £50).
26) Is there any Stamp Duty?
Yes, 0.6%
27) Is there any Government Tax?
No.
28) Is there any Capital Gains Tax or VAT?
No.
29) Is there any Inheritance Tax?
No.
30) Can I sell my property at any time, including before completion?
Yes.
31) What is the general overview of the area?
The town of Hurghada, known as Al-Ghardaka in Arabic was founded in the early 20th century as a fishing village, with over 40 km of coastal resorts and spectacular beaches. The Red Sea Riviera has fast become a community of mixed nationalities and cultures. The permanent summer weather and leisure activities, including desert safaris, diving and golf, make this the most popular resort in Egypt. With its crystal-clear water, untouched reefs and a multitude of ship wrecks, Hurghada has become one of the most popular diving and snorkelling destinations in the world. Less than five hours from the UK, in one of most beautiful bays in the Red Sea we find Sahl Hasheesh, a master-planed environmentally responsible resort inspired by rich Egyptian architecture and heritage.
Situated 17 km south of Hurghada Airport, between Hurghada and Safaga, Luxor and the Valley of the kings are just 200 km away by road or short flight.
This dynamic resort, has an enormous array of facilities and activities on hand that include signature golf courses and beautiful private beaches all in yearround warm weather, has established itself as a top tourist destination and rightfully earned, together with government incentives, the reputation for good value and low risk property investments worldwide. Owners of the properties on Sahl Hasheesh will be able to
enjoy onsite, private facilities such as swimming pools, bars, restaurants, spas, gyms, gardens, golf, water sports and diving, to mention just a few.
32) What are the facilities in the development?
Swimming pools, bars, gardens, Internet café, business centre, gymnasium, games room and laundry – all within a gated environment.
33) How long are the seasons in Hurghada?
The Red Sea Riviera’s warm climate makes it an ideal destination at any time of the year. There are two seasons: a hot summer that runs from May to October, followed by a mild winter for the remaining months.
Temperatures range from a minimum average of 15ºC (59ºF) in winter, with cool evenings to 30ºC (86ºF) in summer, with comfortable warm evenings.
34) How accessible is the area?
Flight time from the UK is 4.5 hours with scheduled weekly, direct flights. Charter flights from Germany are almost daily. Flights from other major European cities include Munich 3.5 hours and Rome 3 hours.
35) How do you get there?
British Airways flies directly to Hurghada. Many charter airlines operate regular flights from most of the regional airports directly to Hurghada. Daily flights by British
Airways and Egypt Air directly to Cairo provide a 40-minute transfer to Hurghada and also a number of European cities provide direct services into Hurghada.
 
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Apartment for sale in Sahl Hasheesh