Marlion Residences, Hurghada, Egypt

*** ALL UNITS COME WITH A GUARANTEED 10% NET RENTAL FOR 5 YEARS PLUS FULL FURNITURE PACKS ***

Located on the beaches of Hurghada, Egypt, Marlion Residences is a luxury development consisting of 272 apartments all with stunning views of the Red Sea. Completing in March 2010, all apartments are currently being offered with a minimum discount of 15% below market value.

An area which is very much in the early stages of the property investment revolution, Hurghada and is expected to produce prolonged growth. With foreign nationals now having the option to buy in Egypt, property prices have been rising consistently in the areas of Sahl Hasheesh and Sharmal Sheikh, and at the moment are almost 4 times greater than Hurghada.

With an average projected growth of anywhere between 10 - 20% per annum for the area, early investors can really capitalise on this unique investment opportunity. Early bird incentives currently include the following:

• Prices from £700 per sqm - Discounted by approx 15% - Prices of similar projects are selling at over £950 per sqm.
• A price increase of 10% in place for end 2008.
• Guaranteed rental of 10% p.a. NET for 5 years on all units.
• Full furniture packs included with each apartment.
• Low purchase costs with unique exit strategy in place.
• Excellent "Buy 2 Sell" opportunity as value will increase by 20% in first year of investment.
• Resulting in an equity growth of around 25%-35% of initial investment.
• Up to 65% finance available upon completion.
• No capital gains tax and no inheritance tax.
• Prices start from £36,000.