The Pyramisa Beach Resort is the first and only resort to be fully opened in 2007 in the new Sahl Hasheesh Resort. Built and completed to a superb 5* standard, this opportunity presents the ideal option to invest in a luxury property on Egypt?s Red Sea Reviera and get a guaranteed and secured rental income each year.
My Choice Villas has negotiated special purchase terms for clients wishing to invest in the Pyramisa 5 Star Hotel apartments ? Egypt. This luxury hotel opened for business in 2007 and is featured in several UK Tour Operators holiday brochures. Purchasers have a guaranteed rental income for 10 years and a buy back option from the Hotel if they decide to sell the property within the 10 year period. After the initial 10 year rental income guarantee expires the Pyramisa will offer another rental agreement to the owners.
This property investment has also been accepted within the tax efficient SBQ Property & Land SIPP framework.
Typical Investment Example
Apartment List Price ?50.760
MCV negotiated a 10% purchase discount @ ?5,076 for cash purchasers i.e. the Investor would only pay = ?45,684 based on this example
10 year guaranteed rental income @ 7% = ?3,198 per annum = ?31,980
Guaranteed buy back option from the hotel within the 10 year period
4 -8 weeks personal use per year, depending on type of apartment purchased
If going into a SIPP the hotel will allocate the owner a "holiday voucher" for free hotel room accommodation in either the Pyramisa complex or similar type of hotel
Buying through the SBQ Property & Land SIPP
If the apartment is purchased using SIPP money the rental income is paid directly into the tax efficient SIPP. If the property is sold in the future the money also goes back into the SIPP.
We also have SARP Land Contracts with guaranteed 32.9% + ROI in 18 months, which is also eligible to be held in the SBQ Property & Land SIPP
To read more about SARP Land Contracts please click here
For full details of this development please click here
Property Images
Property Videos
Features
Balcony:
Patio/Garden:
Security System:
Double Glazing:
Solarium:
Off Road Parking:
Air Conditioning:
Community Pool: Yes
Private Pool:
Window Grills:
White Goods Included: Yes
Heating:
Lift:
Barbeque:
Garage:
Utility Room:
Satellite TV:
Separate Kitchen:
Region Details
This large Resort is built on approximately 130,000m2 with around 900 units, currently enjoying nearly 100% occupancy since its recent opening.
The resort is built on one of the best plots in the luxurious Sahl Hasheesh Resort; opposite the Sunken City, near the Old town (commercial area with bars, restaurants and shops) and with a beautiful white sandy beach (shallow crystal clear waters too!).
Sahl Hasheesh Area
Distances to:
Beach: On Site
Airport: 20 mins
Shops: On Site
Golf: On Site
Bus/Train:
Restaurants: On Site
Marina: On Site
Waterpark:
Medical Facilities:
How to Get There
Activities Near Sahl Hasheesh
The Pyramisa Group are currently one of the largest and most successful hoteliers and developers in Egypt with 5* Hotels in Cairo, Sharm El Sheikh, Aswan, Luxor and Hurghada.
Apartments are finished to the standard of the Hotel and come with the following included:
? A rental guarantee option
? Full furniture to the 5* standard
? Up to 8 weeks free use per year if you take the rental contract
? Ability to swap your free weeks at other Pyramisa Resorts
? Full management of your apartment when put on the rental scheme
Facilities
Further Details
The Sahl Hasheesh project covers 32million m2 (32km2) and is the largest single area on the Red Sea Coast.
It is to be a Resort Community project of a scale and scope that is unprecedented in the region. When completed and fully inhabited it will assume the proportions and functions of a Seaside Resort Town such as Cannes, with its Croisettes on the Riviera.
The project promises to become an Integrated Resort destination of world-class standards.
The Red Sea holds an abundance of rare and beautiful wildlife both on the surface and beneath its waters, perfect for both scuba divers and bird watchers. At only 20km from Hughada airport access to the resort is both easy and convenient.
The resort is bordered by 12.5km of sandy beach and combines all the facilities of a top resort with the bustling atmosphere of a lively port. The town will have not only premium resort facilities, but also essential community infrastructure like schools and hospitals. At its centre will be an arcaded piazza with an avenue leading to the Red Sea, lined with over 100,000 fully grown palm trees specially brought in from the Nile.
Italian , Asian , Sea food and International a la carte restaurants
2 Outdoor swimming-pools with water slides
Diving and Aqua sports center
Convention center with a capacity of up to 1000 delegates
Health Club and Gymnasium
Kids Club
