Buying Off plan has become quite popular; such investments often yield large returns on investments in relatively short time often without the need for huge sums of money.

Sierra Resort Nabq

Is located in a four stars resort with beach access 10 minutes away by foot. The Nabq area is considered to be one of the most beautiful coastal development areas in the world and will boast all the conveniences to rival any other area and make your vacation a memorable one.
Sierra Resort offers payment terms over 3 years with various discount and investment options. The first handovers for the residential area are planned for June / July 2007. With sea views, mountain views and pool views from various apartments this complex offers something for everyone.

Specifications
Size 60 m²
Bedrooms    1
Bathrooms   1
Kitchenette  1
Living Room 1
Balcony 1
Roof Patio     60 m²
Land Top Floor

Specifications
Size 120 m²
Bedrooms    2 OR 3
Bathrooms   2 OR 3
Kitchenette  1
Living Room 2 OR 3
Balcony 2
Roof Patio     120 m²
Land Garden Ground Floor
Specifications
Beach 1 km, airport 7 km, Na'ama bay 15 min drive.
10 swimming pools.
Top floor apartments with private roof area.
Ground floor apartments with garden.
Prices start from 33,480 GBP.
Handover zone one buildings, 1 to 7,  20th of March 2008.
Last handover phase one: October 2008
Units for resale available.
No commission from buyer.
Smoke detector connected to the fire alarm system of the hotel.
Imported doors from the UK (Crosby) treated against fire.
Wi Fi

Facilities
Sea or Mountain View
Garden
Roof Top
Balcony
Swimming Pool
Beach Access
Parking.
1-3 Bedrooms
3 Floors
Satellite Dish
Hotel Management
 
Financial Details
35% deposit
Phase one, 65% over 9 months in 3 postdated cheques.  
Phase two, zone 8, 65% over 18 months in 6 postdated cheques
Phase 1, 5 % discount on 100% cash payment upon signing of contracts
Phase 2, 7 % discount on 100% cash payment upon signing of contracts
12% discount on 100 % cash payment for investors for a whole block sale of 6 units and above.
Maintenance fees
1 bedroom apartment, 60 m², £ 1500
2 bedroom apartment, 120 m², £ 3000
Maintenance fees are paid only once in a lifetime, on handover.