For those looking for a second home in the sun, Egypt offers great access from Europe, an idyllic year round climate and cheap property prices. For those seeking an affordable place in the sun with excellent rental potential, the award-winning Port Ghalib on Egypt’s Red Sea Riviera has a range of apartments and villas starting from just £53,000, with rental guarantees of seven per cent.
Port Ghalib is the ground-breaking US$5 billion resort on Egypt’s fashionable Red Sea Riviera created by international developer, the M.A Kharafi Group. Set on over 21 million square metres of shoreline, Phase One comprises 11 zones incorporating homes, 25 hotels, leisure facilities and amenities. Phase Two comprises 19 zones and with a further 45 hotels. The resort combines the mysteries of Arabian nights with western technologies and all set in a superb location on the Red Sea, complete with endless sandy beaches and mountain backdrops
Port Ghalib Red Sea is the largest resort in the Middle East North Africa and is fast becoming Egypt’s leading holiday destination with visitors from around the world coming throughout the year drawn to its crystal clear waters, coral reefs, rare fish and wild dolphins. Located at the very heart of Port Ghalib Red Sea is the Marina, which is the core of the community. Featuring a five-metre deep harbour basin, it is a fully serviced port of entry into Egypt.
Comprising 11 zones, each with their own identity, a large conference centre, 160 retail and commercial outlets, Phase One at Port Ghalib Red Sea is now over 40 per cent complete with the Marina, four operating international hotels including the six star Palace by Intercontinental, The Oasis and The Sands by Crown Plaza and Marina Lodge, and a wide range of luxuriously fully furnished villas and apartments ready for occupation.
A four-lane, ten-pin bowling alley, horse academy, children’s centre and water sports all associated with such an international destination are all up and running. The resort also benefits from Six Senses Spa, which has just been named Egypt’s best spa at the World Travel Awards. When fully complete, Phase One will incorporate 21 further hotels, in addition to a yacht club, an 18-hole golf course and further entertainment facilities and services.
Ibrahim Saleh, spokesman for Port Ghalib Red Sea and Group Vice President of the Al Kharafi Group comments: “Marsa Alam is set to become one of the biggest stories in property in the next decade. While Hurghada and Sharm El Sheikh are known as some of the hottest destinations in the world, Marsa Alam is a new destination with low property prices and a young tourist market which is set explode in coming years. The villas and apartments at Port Ghalib are finished to a high standard and we are currently offering a guaranteed rental income of seven per cent.”
The Marina Residences at Port Ghalib Red Sea are a collection of 600 luxurious apartments and villas, with views of the marina. Each home comes fully furnished and air-conditioned, with kitchens that are equipped with appliances, cutlery, and crockery. Residents enjoy 24-hour security and the use of full community services such as maintenance, parking and garbage collection, and also have access to landscaped courtyards. Port Ghalib Red Sea’s onsite amenities also include an optics ring that covers the whole resort and provides state-of-the-art broadband, TV and telephone services.
Port Ghalib Red Sea is located 65km south of Al-Qusair city and 210km south of Hurghada and just five minutes drive from Marsa Alam International Airport, which services over 2.5 million passengers each year from a number of European destinations including London, Paris, Rome and Berlin as well as daily domestic flights from Cairo. Flight times are: one hour from Cairo; two and a half hours from the Gulf; and five hours from Europe. Port Ghalib is also easily accessible by sea, via the new Port Ghalib International Marina, and by road, with the Valley of the Kings just two and a half hours away.
There are currently a wide range of studio, one, two, three bedroom apartments and four bedroom villas available at Port Ghalib Red Sea, with prices starting from £53,000. For further information, please visit www.portghalib.com
Egypt’s Amer Group launches the latest jewel in its Egyptian crown – Porto South beach
Egypt’s leading developer and operator of luxury destination resorts, the Amer Group, has launched its latest Egyptian development Porto South Beach. Located in the heart of ‘Ain Sokhana’ on the warm waters of the Red Sea, and just 130km from Cairo, the resort’s destination offers access to one of Egypt’s best-kept secrets.
Based on 267,000 square metres of prime Egyptian land, Porto South Beach provides purchasers with an opportunity to buy a luxurious holiday home in Egypt’s newest destination resort. The Amer Group’s Porto Home store and services at Porto South Beach, provide the furniture range, home accessories and interior design services to furnish the apartment. In addition, the resort management company will provide a rental scheme for owners
Porto South Beach provides 1,020 luxurious homes and timeshare properties, a 275-room five-star standard hotel, shops, restaurants, cinema, health spa, and private beach. Porto South Beach is designed around a central lazy river, swimming pools, luscious landscaped gardens and children’s play areas.
The Porto South Beach architect-designed apartments offer ten different unit types ranging from studio to two bedroom homes. The buildings are arranged on three terrace levels to enable all apartments to have sea views with a small number benefiting from mountain and garden views. Ranging from 50 square metres to 110 square metres in size, a selection of the single storey studios open directly on to the beach.
Serviced by the resort hotel, the apartments have the benefit of housekeeping and concierge services that can provide anything from porters, dinner reservations or purchasing cinema tickets, filling the fridge or refreshing and supplying the bathrooms with towels, soaps and shampoos.
Porto South Beach resort also offers facilities including tennis courts, water sports, a go-cart track, underground tenpin bowling arcade and a paint ball park. A private residents club offers exclusive use of a gym, aerobics room, spa treatments plus yoga spaces.
Peter Riddoch, CEO of the Amer Group (Porto World resorts) comments: “Porto Sokhna provides our European customers with an opportunity to invest in a destination that is relatively new to the market. A well-kept Egyptian secret, Ain Sokhana offers stunning panoramic views of the Red Sea and a wide range of facilities and amenities.”
Property prices at the resort start from £44,000.
Further information on the Amer Group’s portfolio of ‘Porto World’ resorts can be found at: www.amer-group.com