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73 residences from US$157,108 plus pre-launch offer at Ancient Sands in El Gouna, Egypt

Top Quote ANCIENT SANDS is an exclusive residential development set among a stunning 18-hole championship golf course designed by the world-famous Karl Litten. It is located next to the impressive Abu Tig marina at the heart of El Gouna, Egypt, where real estate values have risen 20% per annum since 1999. End Quote
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  • (1888PressRelease) August 01, 2008 - Hot Properties Worldwide (www.hotpropertiesworldwide.com) is offering residences at pre-launch prices at Ancient Sands in El Gouna, Egypt.

    Ancient Sands features a range of high-end residences - magnificent townhouses and stylish studios and apartments. Each property boasts views of red tinted mountains, blue lagoons, the crystal clear waters of the Red Sea or the lush fairways of the golf course. The grand golf club estate house, tranquil holistic spa centre, refreshing swimming pools, international restaurants and stylish bars are sprinkled throughout the stunning hilltop piazza.

    Save 10% when you buy now - Mortgage finance available
    For a limited time only, 73 residences are offered for sale at pre-launch prices that are 10% below launch prices on selected studio, one- and two-bedroom apartments and two-bedroom townhouses. Prices areexpected to rise 30% during construction. Mortgage finance available upon completion.

    Participants in the rental management programme will enjoy 45 days personal use per year. For the first 50 purchasers a 6% NET rental guarantee is available. Buyers secure a one year complimentary golf club membership and membership to Quintessentially, the worlds leading concierge service and private members club. There are also many other exciting benefits which can be transferred if the residence is sold.

    Strong rental demand - 6% NET rental guarantee
    The developer offers three interior finishes, along with a furnishing package, making it easy to prepare the residences for rental.

    Tourists flock to El Gouna and the World Tourism Organisation estimates more than 17 million international visitors will make their way to Egypt in 2020. The government needs 14,000 additional rooms to meet annual tourism targets.

    No capital gains, no inheritance tax - FREE golf club membership
    That’s good news for investors at Ancient Sands, where a marina for super yachts is now under construction. The Abu Tig marina, only a 15-minute walk from the resort, is home to El Gouna’s most exclusive restaurants, shops and bars. The beach is only a 5-minute walk away.

    The stunning sandy beaches at El Gouna offer the ideal place to relax and soak up the sun, while the waters off the magnificent coastline offer superb snorkelling, kite surfing and fishing opportunities. El Gouna enjoys year-round sunshine.
    Additionally, owners at Ancient Sands, along with enjoying their own world-class 18-hole par-72 golf course, will be entitled to discounts on green fees at El Gouna’s 18-hole USPGA course.

    Only 73 residences are being offered for sale at pre-launch bargains. Prices from US$157,108 (approx. GBP78,750 / Euro 99,040).

    Mortgage finance available upon completion.

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