2 Bed Apartment for sale in Makadi Bay, Red Sea Riviera/Sinai, Egypt

*** QUADRANTS 1, 2 & 3 ALREADY TOTALLY SOLD OUT! ***

LOW COST LUXURY INVESTMENTS IN EGYPT WITH PAYMENT TERMS AVAILABLE OVER 5 YEARS OR 10% DISCOUNT FOR CASH PURCHASE.

STARTING FROM JUST £15,115 FOR A 1 BEDROOM APARTMENT.

THE LOCATION:

Makadi´s location has been carefully selected to be a few minutes away from Hurghada and Safaga and close to Luxor.

With marvellous all year round temperatures ranging from 14c to 34c makes it an ideal year round holiday destination.

Easy access from Europe into Hurghada International Airport making Makadi Bay a medium haul destination.

Hurghada has become a world class beach party destination, Famous dance music label brand Hed Kandi launched its first club in 2008. The Hard Rock Cafe and Ministry of Sound Beach Clubs have arrived as well as many restaurants, cafes and clubs.

In 2008 4.1 million tourists visited the Red Sea representing 34% of Egypt´s total tourist arrivals.

The Government intends to spend EGP 1.12 billion during the next 5 years on infrastructural projects to improve access to all essential facilities, as well as to enhance the transportation network between Hurghada and other Egyptian cities.

THE DEVELOPER:

Orascom Development Holdings portfolio includes the successful projects such as El Gouna, Taba Heights and Haram City among many other projects in 7 countries spread over 3 continents.

Orascom guarantees in `Makadi´ a secure opportunity for both home owners as well as investors to seize the opportunity and enjoy life with a trustful developer and name you can really depend on.

THE DEVELOPMENT:

Makadi´s mission is to provide you with a real opportunity to own your own luxurious property with prices to suit all budgets.

A luxurious resort covering 3,750,000 sqm with 20% of the land being devoted to residential units and amenities and 80% of the area as green area.

Makadi is offering amenities and services such as:-

* Swimming Pools
* Landscaped Areas
* Bars/cafes
* Restaurants
* Hotel
* Sports Club
* Shopping Malls
* Cinema
* Hospital
* School
* Play Areas
* Transportation
* Property Management Services

THE PROPERTIES:

There are various types of properties with a 1 Bedroom Apartment starting from £15,115

Type 3: 2 Bed, 1 Bath Apartment 57 sqm - from EGP 177,096 = £18,641

Type 4: 2 Bed, 1 Bath Apartment 57 sqm - from EGP 160,102 = £16,852

Type 5: 2 Bed, 1 Bath Apartment 62 sqm - from EGP 223,646 = £23,541

Type 6: 2 Bed, 1 Bath Apartment 70 sqm - from EGP 265,484 = £27,945

Type 7: 2 Bed, 1 Bath Apartment 70 sqm - from EGP 234,686 = £24,703

Type 8: 3 Bed, 2.5 Bath Villa 135 sqm - from EGP 655,800 = £69,000

Type 9: 1 or 2 Bed, 1 or 2 Bath Apartment 49-131 sqm from EGP 143,582 = £15,115

Type 10: 2 Bed, 1 or 2 Bath Apartment 62-158 sqm from EGP 237,600 = £25,010

All with Payment Plan options over 5 years or 10% discount on cash purchase.

KEY POINTS:

1. Well known and trusted Developer
2. Properties to suit all budgets from £15,115
3. Luxury Resort with 5* Amenities
4. 5 year Payment Plan Available
5. Close to Beach
6. Capital growth of 20% per annum

Prices calculated at the following currency conversion rates EGP 9.5 = £1

BROCHURE, LATEST CONSTRUCTION PHOTOS AND AVAILABILITY ON REQUEST

UP TO DATE CONSTRUCTION PHOTOS BELOW - MAY 2011