Investment For Sale Dahab Ad:37885

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Egypt > Muhafazat Janub Sina` > Dahab

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EGP£11,247,869

(EUR 220,000)

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Investment 2 bedrooms
For Sale
Dahab
Egypt

Beachfront property in Dahab, South Sinai, EgyptThis property consists of 4

apartments. •Three one bedroom, with bathroom, kitchen, living area and outside garden with Hosha•One large two bedroom

apartment. •A 2nd floor roof area of 153 sq. metres, which can be built upon according to your own specifications. The

owner may live here while profiting from the income of the rentals. •The property itself measures 400 sq. metres with

absolute beachfront. •Satellite T.V.• Wi-Fi•Air-conditioning•Town waterSituated in the Bedouin area of Dahab known as

Asalah, you are assured of residential living, while Dahab itself continues to grow and develop as a prime tourist

destination in South Sinai.Being absolute beachfront with views to the Canyon, Blue Hole, and Saudi Arabia, it is one of the

few remaining beachfront properties and will definitely sell soon as property growth is now on the increase. If you are

looking for an investment with income and holiday living, this is the place.Two of the apartments which face the beach net

€480 per month each, while the other, occupied by the owner would rent for €400 plus per month. The two bedroom apartment

nets €500 per month. These prices are based on holiday lettings and may fluctuate according to high or low season either

being more or less. With Dahab presently experiencing a time of growth due to its popularity as a prime Red Sea diving

location and other associated sports, as well as building restrictions being lifted making the way for greater

infrastructure, now is the time to buy.All necessary legalities will be handled by professionals in this area.
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