In my opinion it's the best investment opportunity presently available on the Red Sea.

Here are a few reasons why I think it is ......
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Great prices (10% discount on pre-launch prices) considering it is set in the already proven / established El Gouna Town ... see El Gouna for those who don't know of El Gouna. This brings with it a fantastic infrastructure like school, university, hotels, roads, marina, golf course, restaurants, bars, clubs etc etc. Effectively this is reducing your investment risk.

Quality development set around a world class golf course.

The first phase is set on a hill, so will have fantastic views of the golf-course. lagoon, and beach.

Only an initial 40% of value of property is required.
20% on contract, 20% after six months. Balance on completion. Finance avail.

Rental and Management options available after completion.

A realistic "exit strategy" with the developer providing resale options. Resales possible after first 6 months.

You can find out more at Ancient Sands Resort
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I have carefully considered Sahl Hasheesh, Marsa Alam, Gamsha Bay, Hurghada and for me Ancient Sands is the best investment.

I don't have any financial interest in "singing the prasies" of Ancient Sands.
I'm just very excited about my new town house : - )

Do your own investigations / research, I'd be interested to hear people's opinions.
There are some other excited people out there too ( 15 sold in the first week), so I'd be intersted to hear your comments, and which unit you have brought.

Dave

Hi Dave, Just checked the website and I have to agree, very impressive, beautiful in fact. Any idea on prices? Wish we could afford to purchase two places, although we're more than happy with our Villa Apartment on Oasis Marina, I'm just greedy

Hi ya Suzanne,
I know I'm tempted to buy another ..... but as you say it's easy to get greedy ; - )
Prices range from about $157 000 USD up to $483 000 USD.
These are 10% below what the launch prices will be.
Glad you're happy with your purchase too : - )

Wow this looks absolutely amazing.

But.... way out of my price range. now where is that lottery ticket.

WOW

Not at all, if you register on the website you will get sent all the information ..... including a full price list. It's all very professionally done. : - )

Is that where all the sand is going from digging out the new marina basin, to build a hill?

Why, when El Gouna is growing so rapidly, is the present hill villa development so slow? It must have been started more than 8 years ago? Or even more?

If we had heavy rain fall (unlikely) would it remain in place?

Just a thought to throw into the discussions

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Georgina

It's interesting to have your thoughts G - you're 'on site' after all!

LOL, if Ancient Sands was in London, then I'd be worried about it being washed away ( fantastic summer so far ... NOT !! ) , but I think we're pretty safe in El Gouna

I don't know the stats on the Hill Villa developement, but the properties at the front with views to the beach are awesome. Wish I had one.

I love properies with sea views, which is one of the key attractions of Ancient Sands .......... for me. Everyone has different tastes though.

Dave

Just before the Ancient Sands and Fenadir Developments is the construction of the new Super Yacht Marina and apartments. My friend has bought a two bed apartment on the north side of the marina basin and we went today to check the progress. I was very impressed. Her apartment is enormous with an unusual shaped lounge, massive kitchen with loads of cupboards and drawers, two very big bedrooms but two quite small bathrooms with shower only. She then has an enormous roof terrace with views over the marina and over Mangroovy Beach to the sea. I am very jealous. I am not sure what she paid but I know when they launched the project two or so years ago I think the apartments were then going for around 1,500 USD per sq. m. Now probably nearer 3,000 USD! She will have a good view of the construction of Ancient Sands and Fenadir.

I took a lot of photos which you can see here Georgina Cole's Photos - Super Yacht Marina | Facebook

I hope it is OK to put these photos up on this forum. If it upsets anyone i.e. Orascom let me know and I will gladly delete them. But I think it is helpful for everyone to see the beautiful land. Who actually owns the land is another thing but I won't go there

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