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EGYPT’S SHARKS BAY RESORT, SHARM EL-SHEIKH A PREMIER TOURIST HOTSPOT

Wednesday, 12 Nov 2008

As international hotspots go, the Sharks Bay Resort is top of the list as an Egypt property investment. Located idyllically in Sharm El-Sheikh, Egypt’s most renowned diving destination, the resort is not far from the Hadaba resort and its neighbour, the lively Naama Bay residential region. As a holiday destination, the weather and scenic surrounds offer a wealth of glorious days of idle sun soaking or exciting exploration. The recently completed Sharks Bay Resort property in Egypt has the enviable reputation of being one of Egypt’s most sumptuous five-star hotels, offering all-inclusive packages in Sharm El-Sheikh.

The Sharks Bay Resort boasts a peerless beachfront location in this top-class tourism district, and offers its guests a host of facilities and activities for the whole family, from experiencing exciting deep sea diving off the coast to simply soaking up the never-ending sun. The Egypt property has a private beach and two outdoor swimming pools that have water slides for the kids and artificial waves for the not so adventurous who don’t like the real thing. Add to that the many seafood, international and a la carte restaurants and a convention centre, and this is an investor’s dream come true.

It comes with a guaranteed yearly net return of 7 percent over a decade period, which is index-linked so that the share price grows at the same rate as the Egypt property value. Purchasing shares in a hotel such as this is becoming popular for property investors, and the Sharks Bay Resort is a perfect place to enjoy the bonus of personal use as well. There are a selection of Egypt accommodations to choose from, which includes four-bedroom villas, two-bedroom townhouses and standard hotel rooms. All apartments and suites are furnished and ready for immediate occupancy, and the cost of living in Egypt is about 20 percent less than the UK.