Simplyzigzag Dives into the Red Sea

PRLog (Press Release) - Jul 28, 2008 -
Premium online estate agency, Simplyzigzag.com is today offering clients and investors a unique opportunity to buy a property in Palm Bay Resort, Sharm el-Sheikh, Egypt.

Sharm el-Sheikh is the most established resort in Egypt, with warm weather 365 days a year and a unique mixture of wealthy culture, beautiful beaches and golden deserts. It is world renowned for diving and it now offers a golf course, water sports and desert safaris.

Simplyzigzag.com is offering prospective buyers a range of luxury accommodation. The Palm Bay Resort consists of 720 rooms, chalets and villas (many with sea and pool views) with 500m of private beach. It has a diving and aqua sports centre onsite; tennis, health club, gym and beauty salon; three different restaurants; two outdoor and one indoor swimming pool; a shopping arcade and a convention centre for business-related trips. The airport is a 5 minute drive and there is a 24 hour shuttle bus from the resort to the city centre.

The development represents a great investment opportunity with an added lifestyle-option. There is a 7% guaranteed yield for 10 years. Furthermore, Sharm el-Sheikh has been experiencing high capital growth rates over the last few years between 20% and 30% per annum. Investors will also have the option of 8 weeks personal usage in any of the developer's resorts (currently Sharm el-Sheikh, Aswan, Luxor and Sahl Hasheesh)

The properties being offered range in unit size from a hotel room (42sq/m) to 4 bed villa (340sq/m on 800sq/m plot). They all come with a minimum 99 year lease and are fully furnished. Prices range between £130,000 and £150,000. There is a 10% deposit, 40% on exchange and a 2-year payment schedule (with 5 year finance available).

Simplyzigzag.com (www.simplyzigzag.com), launched in June 2008, is an online property group that offers a no commission, web based estate agency in the UK and a direct sales platform to homeowners. Simplyzigzag.com capitalizes on this ideal by putting homeowners in control by allowing them to upload their property through its integrated platform, enabling an easy customer experience and giving homeowners the role of property marketer.

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Simplyzigzag Limited
Simplyzigzag.com is both an advertising website for private home sales in London and a low cost web based estate agency. Launched to the public in June 2008, Simplyzigzag.com is dedicated to providing a better way of selling your home, at a lower cost, without the experience of being charged a large commission fee.

Our vision is to create a better and more transparent marketplace for the people. We believe in people and their recognition of this need of change. The freedom of choice and independence is the core product of our company.