VIP II La Residence, Hergla, Tunisia

A brand new residential development in an area of Tunisia that is proving attractive to foreign investment. Off plan pricing on freehold studio, 1 and 2 bedroom apartments, from €23,800

Tunisia is one of the major African holiday destinations for Europeans, and is currently undergoing a major redevelopment of its residential tourism sector.

Its principal “selling point” is its Mediterranean coastline, with Sicily lying only 50 miles to the north east, and constant good weather and deep history, with cities such as Carthage offering strong cultural locations.
6.7 million Tourists visited Tunisia in 2007, with the majority, over 4 million, from Northern Europe. They came to take advantage of the beautiful wide sandy beaches, the calm and warm Mediterranean Sea, and the temperatures which average in the 30’s during the summer, and still register in the 20’s during the winter.

Tunisia is less than 2 hours flight from most European cities; UK is a little over 2 hours 30 minutes.

With an impressive 1,200 kilometres of coastline Tunisia is a more competitively priced alternative to other North African countries such as Morocco.

Hergla is a small beautiful cliff-top town village in North-eastern Tunisia. All the buildings in this area are built in classic style and white in colour typical for this region. Tourists can come and enjoy the quiet and calm beauty of this quiet traditional Tunisia town. Tourism has not peaked yet and so the serenity of the place still remains.

The Development – VIP II La Residence Hergla is a 204 apartment development that sits less than 300 metres from the beach with majority of the apartments benefiting from excellent sea views. This striking complex will be built over 4 floors (Ground +3) with a selection of studio, 1 and 2 bedroom high standard apartments, designed with typical Mediterranean-style architecture. The resort will include gymnasium, communal pool and a selection of boutiques, bars and restaurants to enjoy.

The development is ideally situated less than 1km to the centre of Hergla and only 15 km away from the popular tourist marina resort of Port el Kantaoui.

The Developer is a Tunisian national who has been educated in Europe and is based both in the UK and Tunisia. He is committed to progressing, the Tunisian property sector to the International market. His experience in this market has lead to him developing significant contacts within the Tunisian administration and banking system, ensuring he is able to progress planning and construction in an efficient manner.

VIP II La Residence Hergla are high standard apartments, designed with typical Mediterranean style architecture that offer both investors, hoping for a buy-to-let purchase and holiday-home hunters the chance to buy a property on one of the most beautifully designed developments in the whole of Hergla.

• Seafront apartments with magnificent views
• Built to European Standards
• High Standard fixtures and fittings
• Modern Fitted Kitchens
• Pre-installation climate control
• 24hr Security

Apartments

• Studios habitable area of 19.30 m2 - 25.39 m2 €24,936 - €40,640
• 1 Bedroom Apartments habitable area of 32.91 m2 - 40.76 m2 €26,712 - €55,260
• 2 Bedroom Apartments habitable area of 53.03 m2 €53,560 - €66,950

Construction commences October 2009 with a build duration of 24 months, all properties delivered at completion.

Please contact us for maintenance charges, furniture pack costs, the reservation and purchase procedure

VIP II La Residence Hergla will offer buyers:-

• Two international airports nearby -Monastir International airport & Enfida, the New International Airport which is currently under construction with completion expected mid 2010.
• Less than 1Km from Hergla centre
• 15 km North of Port El Kantaoui, Tunisia’s largest leisure marina.
• 40 km to Monastir Airport
• 25 km North of Sousse
• 50 km South of Hammamet
• 300m from beaches (2 minutes)
• Within walking distance of local amenities
• Short stroll from traditional Tunisian souks
• Seafront apartments with Magnificent views
• Underground car parking available (sold separately)
• Satellite and Wi-Fi available
• 24/7 on site security
• Concierge Services
• Free airport service

Call us to today to reserve your apartment.

Key Investor Benefits

• Tourism revenue up 11% (central bank figures)
• 8% Tourism growth expected 2008, highest in Mediterranean.
• 300 days sunshine per annum. Average annual climate in summer in the 30’s, average temperature in winter at around 20 degrees.
• Consistent low inflation rates.
• Free trade agreement signed with the EU.
• Tunisia has a double taxation treaty with UK.
• Government offered incentives for investment.
• Taper relief for Capital Gains tax for each of ownership.
• Property closing costs in Tunisia are approximately 1.5% of the property purchase value.
• Tunisia is considered to be the most politically and economically stable country in the whole of Africa.
• Many well-known European companies and banks have a base in Tunisia.
• The English language is now the third official language and is being taught in all schools from age 10.
• Low cost of living.
• Low crime rate.
• Excellent infrastructure and transport systems.
• Construction work for the new €384m Enfidha Airport (80 miles from capital Tunis) is well underway and is due to be completed in 2010. When completed this will be Tunisia’s 8th International airport accommodation up to 7 million passengers annually.
• Tunisia’s property market may just be in its early stages but with its strong economy, booming tourist sector and large-scale property development, Tunisia looks well set to become one of the most interesting property markets for 2009/2010.