New Property Development Launched In Hurghada

This superb development has a wealth of facilities for your indulgence right on the Red Sea coast in the booming tourist and property investment resort of Hurghada the hotspot zone but unlike a lot of the developments and resorts the Waterhouse project has its own private beach and a as mentioned a wealth of facilities including;

Waterhouse Hurghada Resorts Facilities
the resort boasts an excellent Aqua centre for water sports including a diving centre with diving school, equipment rental and safari-trips. The resort also has a dock for private boats & diving and a marine footbridge for swimmers.

The central area of the development itself has 3 spacious swimming poolslarge swimming pools surrounded by nice green and lush landscaped gardens as well as a children’s playground.

You can also purchase a property with a private garden, other facilities include, a gym and a range of shops including a supermarket, restaurants and cafes. The resort also has m24hour medical facilities and a pharmacy as well as all the usual amenities like a laundrette.

This is a fantastic Egypt property investment opportunity, the main investment points as of November 2008 are as follows.

Investment points

Fantastic capital appreciation
Good rental income up to 1400 per week anticipated
Easy payment structure
10% initial payment
100% repatriation of funds
0% inheritance tax
Income tax reduced to 10% - 20%

Hurghada
Hurghada, also called Ghardaga by the Egyptians, located 440km from Cairo was at one time just a simple fishing village. But now, with its crystal clear water, untouched reefs and a number of shipwrecks , it has become one of the most popular Egyptian tourist destinations, frequented by travellers from most of thye main western European countries and some eastern European including Russia.

The small town centre with its traditional bazaars, mosques and the lively atmosphere reflects typical Egyptian life.

Hurghada is world renowned as a centre for some for the world's best diving. Within a few of hours from your apartment you can be amongst a group of islands that are the home to dive sites guaranteed to astound even the most experienced divers.

Type of properties
Waterhouse has three types of Hurghada properties, 3 bedroom villas, 1 bedroom apartments and studio apartments.

3 bed villa
The 3 Bedroom Villas are very luxurious and have 3 floors, the ground floor features a lush garden leading to the main entrance of the villa where the living room, kitchen, laundrette, guest bathroom, and multipurpose room.

On the first floor is where you will find the master bedroom with on suite bathroom along with another two bedrooms and a bathroom with additional shower cabin.

The 3 floor features open air environments including a Solarium, Barbeque, and Pergola.

One Bedroom Apartment
Luxury one bedroom apartments are situated on a private beachfront location with the total access to all the resorts facilities including 3 swimming pools, spa & gym, games room and landscaped gardens.

Studio apartment
The Waterhouse studio apartments are also situated in a prime location with good access to the private beach and the full range of resort facilities.

The waterfront project is one of the newest and finest Hurghada properties to be released onto the market and offer potential holiday markers and property investors an excellent opportunity to own a premier property right on the Red Sea in a superb location.