Sahl Hasheesh Resort

Sahl Hasheesh is a resort community project of unprecedented scale in the Hurghada region. It will cover 32 million m2 and when completed it will assume the proportions and functions of a Seaside Resort Town such as Cannes, with La Croisette on the Riviera. Sahl Hasheesh is to become one of the most exclusive and architecturally inspired waterside addresses in the World thanks to ambitious projects such as Serrenia, amongst others.

Created by World-renowned award-winning architects Foster and Partners, Serrenia is a secure, luxurious sustainable community which sets new Global standards for design, hospitality and service.

Serrenia delivers a unique living experience of unmatched opulence with its residences, a world class golf complex, tennis and basketball courts, ESPA branded spa, a heliport, a landing strip for private aircraft and a 330-berth Camper & Nicholson marina and yacht club that will cater for the World’s largest private yachts. In addition this outstanding resort is home to a 7-star hotel and designer shops to rival Paris, Madrid & London. Bespoke properties here will be around £25 million. Apartments start at £200,000.

PYRAMISA RESORT RESIDENCES

Sharing the magic of this great location and only minutes away is the Pyramisa Resort. The 5-star resort faces on to the private beach at Sahl Hasheesh and offers:

• 550 rooms with exotic sea views
• Italian, Asian, Seafood & International Restaurants
• Two outdoor swimming pools with water slides
• A Diving & Aqua sports centre
• A convention centre for up to 1000 delegates
• Health Club & Gymnasium
• Kids Club
• Shopping Arcade
• Beauty Salon.
• Prices start around £39,000
• Guaranteed Rental Income of 5-8% for up to 10 years.
  (8% for 3 years, 7% for 5 years and 5% for 10 years).
• 5-star Beach front complex
• Up to 8 weeks personal holiday usage
• Fully managed, maintained and insured

PLEASE CLICK HERE FOR FULL DETAILS ON PYRAMISA RESORT

The private beach of Sahl Hasheesh is 17km long and lined by a promenade running the entire length.

The resort is entered through a monumental Pharaonic gate which leads to the main avenue down to the Red Sea. Lined with over 100,000 fully grown Palm Trees carefully planned walkways lead to the heart of Sahl Hasheesh, The Old Town. This small city provides premium resort facilities where visitors will be able to enjoy cinemas, arcades, piazzas, bars, restaurants, live entertainment, 300 shops and a casino as well as benefiting from essential community infrastructure; schools, sport facilities, hospitals and places of worship.

At the end of a 250m Pier below the bays crystal waters lies one of the greatest attractions of the development The Sunken City. A mystical site consisting of ruins and antiques providing an out of this world experience.

Sahl Hasheesh is an idyllic development that combines both beauty and soul with recreational facilities for all to enjoy.

Activities within Sahl Hasheesh:
Scuba Diving & Snorkelling
The Red Sea is a premier diving destination with more than 30 metres of underwater visibility. Near the resort, Giftun Island offers divers and snorkelers the chance to explore the magnificent coral reefs and to swim freely among brilliantly coloured exotic fish and sea creatures. At The Sunken City or The City of Isis divers will be able to explore the magical ruins and antiquities of a civilization of the likes of Atlantis. With numerous diving centres and schools around town, the facilities at Sahl Hasheesh are of the very highest class.

Aquatic Sport Facilities
Little Venice is a miniature version of Venice with a small canal, gondolas and boutique hotels on the water. There will be miniature bridges connecting hotels to areas across the canal. Other activities include; kite surfing, Deep Sea fishing, windsurfing, swimming with Dolphins and sailing boat trips on the Red Sea at dusk.

Golf
Sahl Hasheesh resort will offer three manicured 18 hole golf courses complete with fully equipped golf academies. There are up to eight planned golf courses at Sahl Hasheesh. Other beautiful golf courses are to be found in the surrounding area, such as the Golf Club in El Gouna and The Cascades Golf Club in Soma Bay designed by Gary Player.

Spectacular Marinas

Shopping: In the many retail centres and hotels.

Bars & Restaurants

Cinema Complex

Sports & Leisure Facilities

The complexes and hotels have gymnasiums, health clubs, tennis courts, spas & swimming pools.

Land and Leisure Activities including: Horse riding Camel riding Go-Karting Sail-Karting Quad biking Desert safaris. Excursions to the Red Sea Mountains, the Eastern Desert and Bedouin camps by jeep, horse or camel can be arranged

LOCATION, FLIGHTS & CLIMATE
Sahl Hasheesh is only 18km from Hurghada international airport. There are direct flights from Manchester, Newcastle, Glasgow and Gatwick to Sharm el Sheik. Hurghada is served from Gatwick and Manchester. Flight time from London is less than 5 hours. Sahl Hasheesh is endowed with a warm desert climate with temperatures ranging from 14°C/20°C in winter to 30°C/50°C in summer creating a year-round tourist season.

Why Sahl Hasheesh, why Egypt?

• Low cost investment with high potential returns. Egypt is an emerging market and Sahl Hasheesh is in an underdeveloped area of the Red Sea Riviera.
• Property in the Hurghada area is Freehold purchase.
• No Capital Gains tax in Egypt.
• No taxes for non-resident owners in Egypt. You are not liable for Inheritance, Income, Capital Gains or Corporation taxes in Egypt. As a UK resident, you are liable for all your worldwide assets and incomes. There are no restrictions on when you can resell your home.
• Low purchase costs. Legal fees in general are not excessive. The Egyptian Government will make a charge on the purchase of your property of approximately 2.5%. Purchase costs should be around 3% of property value.
• A steadily growing Tourism destination set to double its Tourism figures in the next 10 years.
• The economy is showing signs of strength with GDP growing 3.8% from 2002 to 2006*. The last year has shown the strongest growth of 1.3%.
• English is commonly spoken after Arabic.
• The Red Sea Riviera area is underdeveloped in comparison to the popular resorts in the Sinai Peninsula such as Sharm el Sheik, presenting potential for capital growth in the more immature market of Sahl Hasheesh.
• Low cost of living at around 20% of UK rates.
• Year round sunshine and a unique mix of culture, beaches and deserts.
• Favourable location for tourism from Europe, Middle East and Asia.
   

* Economist Intelligence Unit Estimates.