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Egypt Ancient Greeks and Romans started the trend of visiting Egypt, coming to admire the cyclopean scale of the Pyramids and the Colossi of Thebes. At the onset of colonial times, Napoleon and the British in turn looted Egypt's treasures to fill their national museums, sparking off a trickle of Grand Tourists that, by the 1860s, had grown into a flood of travellers, packaged for their Nile cruises. The focus of most visits to Egypt remain the great monuments of the Nile Valley, combined with a few days spent exploring the souks, mosques and madrassas of Islamic Cairo. However, possibilities for Egyptian travel also encompass snorkelling and diving along the Red Sea coasts, remote oases and camel trips into the mountains of Sinai, or visits to the Coptic monasteries of the Eastern Desert. Egypt is one of the world's most popular tourist destinations, renowned for its Pharaohs, temples, pyramids and the Nile. It is widely regarded as the world's premier diving destination with a fantastic underwater world and miles of unspoilt beaches. Egypt beckons holiday makers from all over the world who come to experience the climate, diving, culture and food. Egypt has it all and with 365 days of sunshine, it's no wonder that this remarkable country is the oldest holiday destination in the world.
Economic growth Occupying the northeast corner of the African continent, Egypt is bisected by the highly fertile Nile valley, where most economic activity takes place. Egypt's economy was highly centralized during the rule of former President Gamal Abdel NASSER but has opened up considerably under former President Anwar EL-SADAT and current President Mohamed Hosni MUBARAK. Cairo from 2004 to 2008 aggressively pursued economic reforms to attract foreign investment and facilitate GDP growth. The international economic downturn slowed Egypt's GDP growth to 4.5% in 2009, predominately affecting export-oriented sectors, however, the Egyptian government is expecting growth rates to rise to 6% during the coming fiscal year, considerably higher than a large majority of global nations and a testament to the strong economic indicators within Egypt that it has such growth during such economic downturn. This forecast is issued by Merrill Lynch & Co. — one of the world’s leading financial management and advisory companies — listed Egypt among the top 10 countries whose economies were not severely damaged by the global financial crisis. (information taken from: www.developing8.org & www.theodora.com/wfbcurrent/egypt/egypt_economy.html)
Tourism Tourism is one of the most important sectors in Egypt's economy. Egypt’s tourism revenues rose during the first half of 2010 by 17.6 percent compared to the same period of last year to reach $5.58 billion as of June 2010. Egypt ministers hope that the total tourism revenues reach $13 billion by the end of 2010,” as tourism represents 11 percent of the country’s gross domestic product (GDP).
Red Sea The Red Sea is one of the biggest and most impressive diving locations anywhere in the world. It is home to a 500 year old coral reef stretching for more than 800 km along the coastline, so there is never any shortage of of wonder ful locations for divers and snorkelers alike. The warm, clear water is home to a multitude of rare aquatic species, which help to make the Red Sea an underwater paradise like no other. The long stretch of sandy beaches running along the coastline have, over time, been developed into established diving locations and resorts where tourists can take advantage of the warm temperatures on the shore and the magical world beneath the water's surface.
Climate Month Jan Min: 6° Max: 23°
Feb 7° 25°
Mar 11° 29°
Apr 16° 35°
May 20° 39°
Jun 23° 41°
Jul 24° 41°
Aug 24° 41°
Sep 21° 38°
Oct 18° 35°
Nov 12° 30°
Dec 8° 25°
Capital (and largest city): Cairo Official language: Arabic Currency: Egyptian pound (ECP)
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Project ORIENTAL COAST RESORT Oriental Coast Location The location of the Oriental Coast Resort has been specifically chosen to ensure it is situated in the most scenic part of the coast, with a picturesque bay and wonderful reefs and marine life. The developers used helicopters to investigate hundreds of kilometres of coast around Marsa Alam to be able to pick the best location, taking experienced divers with them to advise on the best locations. Oriental Coast is positioned a 1hr 45 mins drive south of Hurghada and a 50 minute drive north of Marsa Alam town. The Oriental Coast will be a town in its own right when completed although the development is well located with a 20 minute drive south of the nearest town of Al Quasir. Oriental Coast will benefit from the proximity to Hurghada and Marsa Alam - which both have international airports. Marsa Alam Airport is 30 mins from project.
Oriental Coast Features The Oriental Coast Resort is being designed by WATG, one of the world's most distinctive architectural practices. The design of the Oriental Coast will retain a distinctly Egyptian and Oriental theme with water features and colourful planting, with traditional building designs incorporating domes and internal courtyards. Oriental Coast will complement the surrounding landscape and contours, with the 600-berth marina, for example, fitting perfectly with the natural inlets on this chosen 7.5 km stretch of Red Sea coastline. There will be ten 4-star and 5-star hotels, a 600-berth marina and an 18-hole signature golf course. The Oriental Coast will have a lively downtown area, which will be the cultural heart of the resort and will have plentiful bars, shops and restaurants. Oriental Coast will also feature an amusement area, sports facilities, conference centre and public buildings such as a school and hospital facilities.
Las Cabanas Resort after Oriental Coast The first phase of the Oriental Coast Resort is the highly impresive development of Las Cabanas where you can purchase beach-front villas and apartments located right on the shores of the amazing Red Sea. In addition Las Cabanas will have a private clubhouse with large swimming pool, water sports, restaurants and a supermarket. The beautiful 5 star Sentido hotel which is fully open is less than three minutes walk from Las Cabanas, offering owners the option of 5 star restaurant dining and bars.
Pool at Sentido hotel
Sentido Resort
Tennis courts at Sentido hotel
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SENTIDO HOTEL Directly on the Red Sea with an extensive sandy beach the elegant 5 star Sentido Resort offers you perfect atmosphere to enjoy an unforgettable holiday. Built in Nubian style the new SENTIDO Oriental Dream Resort is not only a must for beach and diving enthusiasts with its delightful architecture and excellent service. You are invited to enjoy your stay with an extraordinary fish restaurant directly on the beach. Originally designed as the Cabana hotel (see site plan location page 10) the Sentido hotel in Oriental Coast has 350 residences and is under the supervision of a professional management team. At this quality hotel you can enjoy the best beach restaurants with the most delicious foods along with full hotel services and amenities. For further information please view www.sentidohotels.com/hotels
A Restaurant at the Sentido Hotel
Entrance to the Sentido Hotel Swimming pool at the Sentido Hotel
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Las Cabanas Property Details: Project: Las Cabanas residential area consists of 312 apartments and 117 beach front villas
Apartments: Apartment sizes: Range from 47.3 sqm to 103 sqm Units available: 24 (1,2 & 3 bedroom apartments) Maintenance: €650.00 per apartment per year Prices from: 1 bed - €47,900 2 bed - €69,900 3 bed -€ 85,900
Twin Villas: Twin Villa Sizes: 134 sqm Units available: 28 (7 remaining) Maintenance: €1000.00 for twin villas Prices from €149,900
Villas Villa Sizes: Range from 180 sq m to 225 sq m Units available: Sea View 59 Villas - Garden View 41 Villas Maintenance: €1300.00 per villa per year Villa models: (Amon 2 stories 181 sq m) (Nefertari 2 stories 220 sq m) (Cleopatra 1 story 226 sq m) Cost of pool option approx €7000.00 Prices from: €208,647.00
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Site map - Oriental Coast development
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Apartment Block Layout
The Sea
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Block 1 Finished Las Cabanas
Block 1 Finished Las Cabanas 12
Villa Layout
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Pool at Sentido Hotel
Beachfront Villa
Beachfront Villa 14
Las Cabanas individual block layout
12 – 1 bed apartments 6 – 2 bed apartments 6 – 3 bed apartments
Ground floor (8 units)
First floor (8 units)
Second floor (8 units) 15
Las Cabanas Apartment Plans
1 bedroom apartment
2 bedroom apartment
3 bedroom apartment 16
LAS CABANAS TWIN HOUSE Master Plan Total 28 Twin Houses, 7 remaining for sale.
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TWIN HOUSE Site Layout
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TWIN HOUSE Ground Floor Plan
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TWIN HOUSE First Floor Plan
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TWIN HOUSE Roof Floor Plan
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Detached Villa - Amoun
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Detached Villa - Isis
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Las Cabanas Apartments Building Specification Oriental Coast Resort, Marsa Alam, Egypt STRUCTURE. - Skelton Type (Reinforced Concrete elements) and brick walls the structure strictly complies with all applicable legislation and extensive checks on materials and use. OUTER WALLS – Hollow Bricks with a continuous painted cement rendering mortar on the exterior. TERRACES – Balcony and terrace walls built of brick with iron and/or wooden railings. Terraces and sun-terraces waterproofed in accordance with regulations and finished with Local Marble “GALALA” tiles. Some are fitted with wooden pergolas. PAINTWORK - Smooth water-based paint on walls beige colour and ceilings in white colours. ROOF – fitted with thermal insulation, waterproofing clayey, and finished with Local Marble “GALALA” tiles. PARTITIONS - Clayey bricks partitions between apartments clayey bricks interior partitions between rooms. Continuous mortar covering on walls and ceilings. Smooth plaster ceiling in kitchens and other areas, as required. FLOORS – Local Marble “GALALA” interior floor tiles and skirting boards. TILING - Kitchen walls tiled up to 1.20 m height with Local Marble “GALALA”. Bathroom and water closet walls tiled up to 1.20 m height with Local Marble “GALALA”. WINDOWS – Aluminium Single glazing in the living room, bedroom and kitchen windows…etc. INTERIOR CARPENTRY – Solid wood front doors fitted with a safety lock. Interior doors varnished on both sides with lacquer finish. KITCHENS - Water supply and drainage points, in addition to, electrical points for washing machine, and Kitchens fitted with upper and lower wooden units and Stone countertop and stainless steel sink. SANITARY WARE AND PLUMBING –Top quality, Duravit vitrified white porcelain sanitary ware and single lever chrome taps. Cross-linked polyethylene water supply piping. ELECTRICAL INSTALLATION – Design and protection for lights and sockets in full compliance with current legislation. 3-bed apartments have 22 electrical sockets spreading throughout apartment rooms. Pticino electrical accessories in all rooms, (18 electrical sockets for 2-bedroom apartment, 13 electrical sockets for 1 bedroom apartment AIR-CONDITIONING – Pre-installation of air-conditioning in living rooms and bedrooms (for split units). TELEPHONE AND INTERNET OUTLETS– For an apartment available in our standard 4 outlets. Accommodate IP telephony and Internet access, the service can activated or and expended as per client request. TV AERIAL OUTLETS – One in each bedroom, one in living room. Connection for Satellite Television. (Dish) SOCIAL CLUB – including play gardens, swimming pools for children’s and adults, gardens, children’s play area. Building Guarantee - The first party hereby guarantees the premises of "Las Cabanas-Oriental Coast" for a period of ten years starting from the date of delivery as per Article 651 of the Egyptian civil law. This guarantee includes buildings only. This guarantee does not include any acts, damages, depreciations, amendments caused by the second party which affects the structural essences, this guarantee is for the benefit of the second party exclusively, and shall not be assigned to others.
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FURNITURE PACK – LISTA DEGLI ARREDI ORIENTAL COAST RESORT - MARSA ALAM – EGYPT Las Cabanas Air conditioning throughout the Apartment Bedrooms Wardrobe (L135 W56 H230) with 4 drawers and 3 short doors and 1 full length door with internal mirror Bedside table with 1 drawer and open compartment Double bed with white lacquered MDF headboard in the main bedroom, 2 single bed in the other rooms Wooden slatted bed frame Spring mattress Pillows Living area Sofa bed L138 W80 cover Square table 80x80 with chrome base and white laminate top Stackable chair, chrome steel frame, polypropylene seat and back Basic TV stand with door LCV TV Curtains Curtain made from class 1 fireproof fabric, complete with rings and white wooden pole, dim. L180 H250 Curtain made from class 1 fireproof fabric, complete with rings and wooden pole Crockery Wooden block with 6 knives with silicone handles Set of 18 clear glass glasses Stackable ø22 transparent crystal bowl Chopping board Max 44x30.5 6 piece gadget stand 1 24 piece set of stainless steel cutlery 1 ø24 stainless steel colander 19 piece dinner service white 1 Set of 6 coffee cups white 1 Set of breakfast cups white 4 12 piece set of stainless steel saucepans 1 Set of 6 utensils 1 Lighting Ceiling lamp with opal glass shade and chrome or bronze hooks, including bulb Wall lamp for mirror with chrome arm and opal glass shade Wall lamp with brown aluminium frame, complete with 100W bulb Bathroom accessories Shower cubicle 90x90, white painted metal structure, shockproof opaque polystyrene panel Mirror with shelf H72/85 L60 1 129.00 Suspended toilet brush holder Pair of coat hooks Outdoor furniture Table ø80 with white resin base and top Stackable white resin chairs Electrical appliances Single Whirlpool door fridge under base w/storage 4 ring electric oven Microwave oven Linen Towel 100x150 white 10 piece towel set 100x50 white Bath mat 70x50 white 5 piece towel set 30x30 white Towelling bathrobe white Cotton tablecloth 130x130 white Double sheet set with fitted sheets, 250x300 white Double reversible quilt one side striped, one side check Furniture is INCLUDED IN THE PRICE through Immoworld UK lTD
Aria condizionata in tutto Appartmento Camere da letto Armadio (L135 P56 H230) con 4 cassetti e 3 ante di cui una tutta altezza e specchio interno Comodino con 1 cassetto e vano a giorno Letto matrimoniale, testata in MDF laccato bianco pnella matrimoniale, 2 letti singoli nelle altre stanze Rete a doghe di legno Materasso a molle Guanciali Zona giorno Divano letto L138 P80 con rivestimento Tavolo quadrato 80x80 con basamento cromato e piano in laminato bianco Sedia impilabile, telaio in acciaio cromato, scocca in polipropilene Mobile porta-TV con anta Televisore LCD Tende Tenda confezionata in tessuto ignifugo classe 1, completa di anelli e palo in legno col. Bianco, dim. L180 H250 Tenda confezionata in tessuto ignifugo classe 1, completa di anelli e palo in legno Stoviglie Ceppo legno con 6 coltelli con manico in silicone Set 18 bicchieri in vetro trasparente Terrina in cristallo trasparente ø22 impilabile Tagliere Max 44x30,5 Stand 6pz per gadget 1 Set di 24pz posate in acciaio inox 1 Colapasta in inox ø24 Servizio di piatti 19pz col. bianco 1 Set 6 tazzine per caffè col. bianco 1 Set tazze per colazione col. bianco 4 Batteria 12pz di pentole in inox 1 Set 6 mestoli 1 Illuminazione Plafoniera con paralume in vetro opalino e ganci cromo o bronzo, compresa lampadina Applique per specchio con braccetto cromo e paralume in vetro opalino Lampada a parete con struttura in alluminio marrone, completa di lampadina 100W Accessori bagno Box doccia 90x90, struttura in metallo verniciato bianco e panelli in PS opaco antiurto Specchio con mensola H72/85 L60 1 129.00 Porta scopino sospeso Due ganci appendiabiti Arredamento per esterni Tavolo ø80 col. bianco in resina Sedie impilabili col. bianco in resina Elettrodomestici Frigo monoporta Whirlpool sotto base con cella Forno elettrico a 4 fuochi Forno microonde Biancheria Telo spugna 100x150 col. bianco Telo spugna 10pz 100x50 col. bianco Tappeto scendibagno 70x50 col. bianco Confezione 5pz telo spugna 30x30 col. bianco Accappatoio in spugna col. bianco Tovaglia in cotone 130x130 col. bianco Completo matrimoniale bianco, lenzuolo con angoli, 250x300 Trapunta matrimoniale reversibile un lato a righe, uno a quadretti
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Payment Terms: ·€1,500 deposit · 30% (less deposit) on exchange of contracts. · 20% on start of construction or within 2 months of contract if construction has begun. · 30% on roof structure or within 4 months of contract if roof is already complete. · 20% on key handover Completion for an off plan apartment is scheduled for 24 months from contract. 10% discount for 100% cash in advance payment. Special prices for multiple/corporate purchases.
Rental Immoworld UK Ltd offer a guaranteed rental programme of 8% pa for a term of 4 years. Clients have 28 days personal use per annum. For further information on our rental programmes please contact us info@immworlduk.com
Extra Expenses Calculated by a meter (installation included): Water 0.90 pence/litre, Electricity 0.40 pence/KW, Irrigation water for gardens 0.50 pence/litre
Due Diligence Ownership of land, Project Analysis and Contracts have all been approved in accordance with Egyptian Law. Copies of the the due diligence is available upon request.
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Coming soon Project Ebli Project Ebli - Oriental Coast Resort Inspired living for all to enjoy, project Ebli offers its owners a beautiful location within the Oriental Coast Resort. A range of stunning apartments in a picturesque setting at affordable prices as well as fantastic returns on your purchase. Prices from €22,000.00
Oriental Golf – Oriental Coast Resort Golf Apartments and Villas Situated on an 18 hole golf course within the Oriental Coast resort. Oriental Golf will be a fantastic purchase for those looking for a high return on their investment. Prices on Application.
Artists impressions of Golf Villas – subject to change
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Sea view from Villa
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Restaurant at the Sentido Hotel
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UK OFFICE Kestrel Court, Portishead Quays Harbour Road, Portishead BS20 7AN Bristol UK TEL +44(0) 1275 3904-22 FAX + 44(0) 1275 3904-01 SWITZERLAND OFFICE Avenue Industrielle 4–6 1st Floor 1228 Carouge CH TEL +41(0) 22 560 64-91 FAX +41(0) 22 560 64-99 ITALY Via Prina 5 20154 MILANO (MI) IT TEL +39 02430019110 FAX +39 02430019012 EGYPT LEGAL OFFICE 207 School (Madarys) Street, 1st floor Ap.No 10, El-Hadaba, Hurghada TEL +2 014 44 66 22 0 EGYPT RESIDENT OFFICE KM 35-ELQUSIER, MARSA ALAM ROAD ORIENTAL COAST RED SEA TEL +2 012 81 94 08 8