La Serena takes great architecture and pristine natural settings to create one of the most stunning projects in the Sharm el Sheikh area. With over 300 residential units, luscious landscaping, a very large main pool and unspoiled views for the residents, La Serena has something for everybody. Enjoy the proximity to the Mangrove National Park only a minute walk away to its unblemished beaches and reefs and to the Nabq Golf Course to have a nice day out with friends or improve your game.


Prices start at 14,999£ with great opportunities to enjoy great turnaround as an off-plan buyer

No income tax
No capital gain tax
No real estate tax
Capital gain opportunity starting at 100% and up to 175% on initial investment for off-plan buyers!
Flexible payment options
9% rental guarantee for 3 years

The payments will be the following:

10% Reservation
20% Deposit in 30 Days of reservation
70% over 2 years in a client/developer agreed payment plan with 0% Interest.
Variable discount for purchase of 9 or more units
Completion: August 2008 for initial phases, 18 months for the devlopment

Project position in the Red Sea market

With a total cost for a flat far less then any other development on the market and a great location near the sea the development is expected to outperform all other developments on the following principles:

The average 1 bedroom flat in Sharm is 29,000£ in La Serena its 23,000£.
The average 2 bedroom cost is 55,000£ in La Serena its 28,500£.
The last line of apartments will have an unspoiled sea view
Quiet but easily accessed location
Location adjacent to the Red Sea , National Park, golf and other activities
Attractive payment scheme
Closed and secure community
Full Property Management for the buy to let buyer .......

Advertiser contact details
Name: a.ali
Email: Contact the Advertiser
Ad Ref: 138619