Without doubt THE HOT SPOT FOR 2008 is Hurghada in Egypt, if you can excuse the pun!

The Red Sea area has long been a magnet for scuba divers, international travellers and Egyptians seeking refuge from the hot temperatures during the summer months. Over the last couple of years more 4 and 5 start hotel developments have been sneaking in and now top quality low cost apartment blocks are going up.

Low investment at the moment but not for long, prices are rising by around 20% per year and there is only so much land and beach that can be developed in this popular area, so in the not too distant future the law of supply and demand will catch up and prices will go through the roof.
Sharm El Sheik is probably more familiar to you than Hurghada and here prices are up to 4 times more expensive than Hurghada so guess what….. My advice is to get in now at very low investment levels while you still can.

A perfect example is the Marlion Aparthotel starting construction this year. The development will be in an elevated position fronting its own private beach and the apartments have amazing views out over the Red Sea. Good size studios, 1, 2 and 3 bedroom apartments between £36,000 and £98,000 offer fantastic value for money and with it being an Aparthotel, come complete with an amazing guaranteed rental return of nett 10% for 5 years.

If you can move quickly this has to be the deal of 2008 - check this out!

Low cost entry with prices from only £36,000 to £98,000
Only 35% deposit (plus £2000 reservation) and then nothing to pay until completion
Balance secured by mortgage (STS)
Guaranteed 10% NETT rental return which more than covers mortgage payments

500% return on investment over the next 5-7 years!!!

Lets have a look at an example:

1 bedroom apartment @ £57,500 Deposit £20,125 (plus £2000 reservation)
Projected value 5-7 years £110,000+ Return on investment £80,000 +

How about that? PLUS you will have a bit left over from your rental after you have paid the mortgage so what a deal!

If you don’t want to wait 5-7 years and want to sell on in 12-18 months then its still a great deal because with a 20% capital growth you can easily double you initial deposit investment in a very short time.

Hurghada is a hot tip. Call 0845 345 8427 or Check out the details at:

http://www.propertygroupinternational.com/pgi/overseas-property-egypt-hurghada-marlion-residences.html

Low cost investment. Low cost of purchase. No capital gains tax. No worry about the diminishing euro. Popular area. Easy to let out. Superb capital growth of 20% property in egypt or more.

For more information click: property egypt

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