Regency Crash Pads

Reasons to buy:

• 12 month climate with long and short term letting potential.
• Freehold property.
• A booming tourism industry, with numbers having doubled between 2002 and 2006.
• Tourism predicated to increase at rate of 6% per year.
• Opportunity to invest early in a vibrant market.
• Situated on the Red Sea - recently voted best diving destination in the world.
• Low cost living, maintenance and management costs.
• No inheritance or capital gains tax.
• Currently accommodation demand in the area exceeds supply.
• Hurghada, a vibrant town - with un-spoilt Egyptian culture combined with a modern feel.
• Tourism growing due to the increase in low cost airlines flying direct to Hurghada.

Owners of Regency Crash Pads will also have the exclusive use of the Regency developments facilities, which offer a range of facilities including several eateries; a snack bar, Japanese Teppanyaki Restaurant, sushi bar, piano bar, Italian restaurant and a supermarket.

Facilities and Maintenance

• The maintenance of the development will be managed by the developer and is charged at £5 per square metre per annum.
• Every apartment has a free scuba locker.
• 24/7 security.

Property Management

A complete property management service will be offered to every buyer and the cost will be 15% of the rental income gained. This service will be managed in house by the developer.