2 Bed Flat for sale in Egypt

Viva Reef Resort is a brand new development in the Nabq area of Sharm El Sheikh, situated opposite the new golf course. This hotel complex / resort offers affordable, very attractive, high quality residential units with special launch prices. Many of the Condo's are already completed and as you can see by the pictures are of a extremely high standard. Nabq is rapidly becoming one of the most popular areas in Sharm making it a good investment choice. By investing in this brand new development, you will be able to take full advantage of special launch prices that accompany this affordable, attractive and high quality residential complex. Situated in the Nabq area of Sharm El Sheikh, directly opposite a new golf course, luxury and leisure is the order of the day. Not very surprising, considering the utopian location of the resort. Nestled between the dunes of the Sinai Desert and the azure allure of the Red Sea’s waters, at the southern tip of the Sinai Peninsula, you will find the increasingly popular holiday destination: Sharm El Sheikh.Fast becoming the new hotspot holiday haven, Sharm El Sheikh is renowned for it sophistication in style and service, making Viva Reef Resort a most excellent find, in terms of investments and home purchasing. Easy accessibility and direct flights to and from most major European cities, ensures that all potential owners will have the added benefit of ‘no-fuss’ travelling – as well as little to none jet-lag, as Sharm El Sheikh is only approximately 4.5 hours flying time away from the U.K and Northern Europe. But, you may ask: What makes the Viva Reef Resort different from any other Resort Development on the market, in and around Egypt, at the moment?Well, apart from the idyllic background of Sharm El Sheikh, Viva Reef Resort offers the following features and facilities: Facilities • Facilities • Access to hotel resort facilities • 8 swimming pools • Health club • Restaurants • Shops and boutiques • 24 hour security • Landscaped gardens Location • 5 minutes from the sandy beaches of Nabq Bay • 10 minutes from the relaxing and sophisticated Soho Square • 20 minutes from the busy and vibrant area of Naama Bay • Easy access to / from the airport A new 4 star hotel resort development situated in the rapidly developing area of Nabq. A selection of attractive and high quality one and two bedroom apartments, inclusive of air conditioning, are available off-plan. Fitted kitchens and furniture packages are available to purchase from QDS Furniture. Facilities at the resort will include swimming pools, a health club, restaurants, a selection of shops and boutiques, communal rooftops with sea and mountain views and of special interest for golfers a new 18 hole championship golf course is currently under construction close to the hotel. Completion: COMPLETED Phase 1 March 2010, Phase 2 July 2010, Phase 3 March 2011 and Phase 4 December 2011. The resort is located five minutes from the sandy beaches of Nabq Bay, ten minutes from the relaxing and sophisticated Soho Square and 20 minutes from the busy and vibrant area of Naama Bay - a ‘must’ visit for all visitors. Top 10 Reasons to invest in the Red Sea Riviera The real estate market in Sharm El Sheikh in the Red Sea Riviera is just in its infancy and by getting in at the ground level with Pioneer Property you can enjoy many advantages. 1. Return On Investment opportunities are high Capital appreciation over the past 18 months on some properties has increased more than 50% in value with the average rate being around 15% year on year. Overseas real estate will always have a residual value and is a more stable investment than stocks and shares. 2. Great Deals & Affordable Holiday Homes Everyone dreams of having a second home in the sun. Prices in EU countries and the cost of living there are now too high, making them not such an attractive investment. Whereas prices in certain areas outside the EU such as Sharm El Sheikh in the Red Sea Riviera can start from as little as 45,000 Euros ( approx 39,000 sterling) for 2 bedroom apartments. 3. Rentable With an increasing number of tourists visiting the Red Sea Riviera each year along with a sustained diving community, rents are likely to remain buoyant well into the future. Also the increasing influx of expatriates living in the region will also ensure the demand for rental accommodation remains high. 4. Sellable Sharm El Sheikh property prices should remain an excellent investment opportunity in the longer term, as the area is relatively un-known in real estate terms and the demand is rapidly increasing. 5. Tax Friendly Egypt is a very tax-friendly environment. There is no capital gains tax or inheritance tax. 6. World Class Diving World class diving in warm waters over tropical coral reefs, wonderful hotels with some of the world's favorite cuisines, golf courses and a wealth of ancient history & local culture make The Red Sea Riviera one the best places to own a home. 7. Climate The climate in Sharm El Sheikh in the Red Sea Riviera is hot and dry, not humid, with year-round sunshine. Making it an excellent place to take a vacation or live permanently. 8. High Profile Resorts Great Resort living Sharm El Sheikh and the Red Sea Riveras popularity is increasing rapidly and with it comes very lively resort destinations with vibrant atmospheres, combined with excellent business opportunities making it a wonderful place for expatriates to live. Many wealthy business people, heads of state and Arabian Royalty also own property here. 9. Development &Tourism Sharm El Sheikh in the Red Sea Riviera is easily accessible with direct flights now coming in from many major European destinations (Flying time from London is approx 5 hrs, and most of Europe between 3- 3.5hrs). And with the expansion of Sharm El Sheikh's International Airport the economy is starting to boom. Other new developing resorts will continue to create a valuable real estate market. 10. Cost of living The cost of living here is very cheap and the exchanges rates to the Egyptian pound are high for foreign currencies, making it an excellent place for long breaks during the summer or winter. Red Sea - Egypt Summer Sale on last few units! Contact us now on + 44(0)161 7271327 or e-mail: egypt@knightknox.com for further information or to make a reservation