A wonderful opportunity to buy an apartment in Luxor, the ancient capital of the ancient world once known as Thebes. Luxor has the warmest, sunniest and driest winter climate.
Resort features at a glance:
- 5 star resort of 45,000 square metres
- On the bank of the Nile in the centre of Luxor
- Distance to the airport 17km
- Distance to downtown 1km
- Hotel has 370 rooms and 80 suites
- Heated outdoor swimming pool
- Swimming pool by the Nile and Gym
- 4 Restaurants and bars
- Tennis, squash courts and childrens playground
All properties are Freehold
1 Bedroom Nile Chalet from £65,000 (45 square metres)
You may furnish your apartment or villa with your own interior designs or opt for the hotel designs. If you opt for the hotel furnishings, then you have a choice of the hotel renting out your property for you with a guaranteed income of 8% per year and you still have use of it for 4 weeks a year.
20% annual capital growth rate is projected to continue over the coming 5 years due to the increasing demand and shortage of supply of new seafront properties.
Up to 60% financing is available. All properties are fully insured. Limited number of units for sale.
The advantages of buying property in one of the five star chain of hotels is that if you opt for hotel to rent it out for you, when it comes to your 4 weeks a year occupancy, you can take it in any of the chain hotels in Aswan, Luxor or Sahl Hasheesh and you do have 8% guaranteed anual rental income.
