Fantazia – 2 Bedroom Investment Property
Nabq – Sharm El Sheikh
Fantazia_EPS
Investment Property
(£16,000) Neg
Fantazia Nabq. Set behind Rixos Radamis Hotel and soon to be surrounded by new Rixos Group Hotels, meaning it is just a matter of time before Rixos Group purchase the entire Fantazia project.
Key Features:
* 2 Bedrooms
* Raised Ground Floor
* £16,000 Negotiable
* Near Rixos Developments
* Income Generating (£300–£500/month)
* High ROI Potential
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This property is a raised ground floor two bedroom apartment with a hedged garden to the front.
Right now, Fantazia is used for staff accommodation with little to offer it creates an absolute eyesore for the high paying Rixos guests sitting on their $350 per night balconies.
For this reason, among others Rixos will buy out the developer for whatever it takes. They want the land and they need their premises to be surrounded by beauty not eyesore views.
Currently used as a secure storage facility bringing anything from £300 – £500 per month.
This is a potential goldmine and if it wasn’t for the owner migrating to far shores he would keep it for the inevitable return on investment profits.