Tropicana Sea Beach is a 5-star, all-inclusive resort located right on the beach. Being in the centre of Nabq Bay means it's only a short distance from Sharm El Sheikh Airport. The shopping areas and nightlife of Naama Bay are approximately 22km away. The hotel is built in Moorish style and exudes fine service befitting this flagship resort . Opened March 1st, 2008 Situated 15 minutes from Naama bay which is the old part of Sharm 10 minutes from Sharm El Sheikh International Airport with regular flights from the UK. A total of 120 hotel rooms out of 700 on 2 floors. Front line beach resort Dedicated private beach, with a large swimming pools. Fabulous views across the crystal clear waters of the Red Sea Whole area is extensively landscaped with palm trees and other plants. It?s rare location in makes these rooms exceptional value, and ensures a high resale value. The resort owner will assist in reselling hotel rooms. Rental guarantee of 5% NET per annum for 5 years The real estate market in sharm El Sheikh in the Red Sea Riviera is just in its infancy. 1. Return On Investment opportunities are high Capital appreciation over the past 18 months on some properties has increased more than 50% in value with the average rate being around 15% year on year. Overseas real estate will always have a residual value and is a more stable investment than stocks and shares. 2. Rentable With an increasing number of tourists visiting the Red Sea Riviera each year along with a sustained diving community, rents are likely to remain buoyant well into the future. Also the increasing influx of expatriates living in the region will also ensure the demand for rental accommodation remains high. 3. Sellable Sharm El Sheikh property prices should remain an excellent investment opportunity in the longer term, as the area is relatively un-known in real estate terms and the demand is rapidly increasing. According to P. minister decree No. (548 /2005.) it is allowed for non-Egyptians to usufruct properties not more than 99 years. Non - Egyptians, who usufruct housing units are allowed to sell, lease or rent their own units as soon as they own it. 4. Tax Friendly Egypt is a very tax-friendly environment. There is no capital gains tax or inheritance tax. 5. World Class Diving World class diving in warm waters over tropical coral reefs, wonderful hotels with some of the world's favourite cuisines, golf courses and a wealth of ancient history & local culture make The Red Sea Riviera one the best places to own a home. 6. Climate The climate in Sharm El Sheikh in the Red Sea Riviera is hot and dry, not humid, with year-round sunshine. Making it an excellent place to take a vacation or live permanently. 7. High Profile Resorts Great Resort living Sharm El Sheikh and the Red Sea Riviera's popularity is increasing rapidly and with it comes very lively resort destinations with vibrant atmospheres, combined with excellent business opportunities making it a wonderful place for expatriates to live. Many wealthy business people, heads of state and Arabian Royalty also own property here. 8. Development &Tourism Sharm El Sheikh in the Red Sea Riviera is easily accessible with direct flights now coming in from many major European destinations .And with the expansion of Sharm El Sheikh's International Airport the economy is starting to boom. Other new developing resorts will continue to create a valuable real estate market. 9. Cost of living The cost of living here is very cheap and the exchanges rates to the Egyptian pound are high for foreign currencies, making it an excellent place for long breaks during the summer or winter.

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