One bed apartment Viva Reef from 220,000 EGP (c £26,800)*

• Studio 
• Reception area
• 1 Room
• Gross area 44m2

Key features of Viva Reef

• Studios, one bedroom and two bedroom apartments available.
• Two year build and payment plan interest free
• Completion Phase 1 and 2 2010, Phase 3 and 4 2011
• High spec quality building and European style finishing
• 4 star hotel resort
• Rental and management services
• Air conditioning included
• Championship golf course currently under construction opposite the hotel
• Communal rooftops with sea and mountain views
• Show apartment available for viewing
• Maintenance and service charges 1% of the purchase price reviewed annually

Facilities

• Access to hotel resort facilities
• 8 swimming pools
• Health club
• Restaurants
• Shops and boutiques
• 24 hour security
• Landscaped gardens

Location

• Five minutes from the sandy beaches of Nabq Bay
• 10 minutes from the relaxing and sophisticated Soho Square
• 20 minutes from the busy and vibrant area of Naama Bay
• Easy access to / from the Airport

WHY YOU SHOULD INVEST IN VIVA REEF

• Excellent, discounted, off-plan pricing with strong potential for capital growth – up to 20% annual increases.
• Year round rental season with high potential rental returns.
• Located in one of the best diving destinations in the world.
• Established tourist destination.
• Fascinating history and culture to explore.
• One of the most stable countries in the area.
• Only 5 hours from the UK.
• Rapidly emerging property market supported by different nationalities (including Egyptians).
• No Capital gains tax or Inheritance tax
• High quality building and European style finishing
• 2 years build and payment plan

A new 4 star hotel resort development situated in the rapidly developing area of Nabq.

A selection of attractive and high quality one and two bedroom apartments, inclusive of air conditioning, are available off-plan. Fitted kitchens and furniture packages are available to purchase from QDS Furniture. Facilities at the resort will include swimming pools, a health club, restaurants, a selection of shops and boutiques, communal rooftops with sea and mountain views and of special interest for golfers a new 18 hole championship golf course is currently under construction close to the hotel.

Completion:
Phase 1 March 2010, Phase 2 July 2010, Phase 3 March 2011 and Phase 4 December 2011.

The resort is located five minutes from the sandy beaches of Nabq Bay, ten minutes from the relaxing and sophisticated Soho Square and 20 minutes from the busy and vibrant area of Naama Bay - a ‘must’ visit for all visitors.

Essential Information
Developer: The developer first visited Sharm El Sheikh 20 years ago and immediately realised the long term potential of the area. He purchased land in prime locations and formed his own construction company building shopping malls, restaurants and beach facilities and then moved into hotels and resort developments.

The Group’s development portfolio includes the following diverse projects – Mall No 11 at Naama Bay, Viva Mall on Peace Road in the Roman Theatre area; Palm Valley residential quarter; Viva Reef residential resort and hotel at Nabq Bay and the Viva Bay restaurant and entertainment complex.

Purchase process: Pay reservation fee, the deposit and the stage payments as per schedule.

• A reservation fee of 30,000 EGP (c £3,250 depending on exchange rate) – non-refundable
• 40% on contract
• 15% after 4 months
• 15% after 8 months
• 15% after 12 months
• 10% after 16 months
• 5% on delivery 24 months

Rental programme: Our colleagues will offer purchasers a rental service. Their rental team will visit the property, consider the rental market and propose a monthly rent. Terms of this service – a rental charge of one month’s rent to be paid for a 12 month rental contract and 50% of a month’s rent for a six month rental contract.