Deal Summary

elgouna_as01

Real Estate Offering

  • Apartments: Studio, one & two bedrooms
  • Townhouses: Two bedroom


The Deal

  • Preferential payment process
  • One years free Quintessentially membership
  • First choice of units
  • First choice of villa plots when released


Low Density Development

  • 2.1 million square meters total land area
  • Only 20% build density
  • Lagoons constitute 18%
  • Golf course covers 39%


Facilities & Amenities

  • 18-hole Karl Litten designed championship golf course
  • Luxury concierge services by Quintessentially
  • Holistic 5 star Spa Centre
  • Golf Club Estate House
  • Exclusive restaurants and bars
  • Stunning swimming pools
  • Kids Club & Play Area
  • Library & Business Centre
  • Shops
  • Tennis Academy


Timing

  • Phase 1 Completion: Hilltop Village, Golf Course and Lagoons  Dec 2011


Optional Rental Management Programme

  • Dedicated rental management programme
  • Anticipated gross rental yields of 14% p.a. Net yields of circa 7% after all costs
  • Complimentary own use - 45 days


Payment Plans

  • Only 1% reservation fee (non-refundable)
  • Choice of purchase plans
  • Mortgages available at completion


Low Risk

  • A gated development that extends the resort town of El Gouna where over 2,000 homes have already been built and sold
  • A proven team of developers, planners, architects and contractors
  • Backed by Orascom Hotels & Development, part of Egypt’s largest corporate group
  • El Gouna has a proven record of capital growth
  • Strong touristic demand - over 1.3 million bed nights at El Gouna in 2006. Occupancy 84% in 2008
  • Strong interest from Egyptian buyers underpinning resale market

 

 
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