The most admired Makadi Bay Development on Egypt’s red sea riviera shows no sign of slowing down in 2010. Construction on the Makadi site is well under way & it is now clear to see the design & layout of this outstanding development.

Phase 1 is completely sold & phase 2 is almost sold out – the release of additional units means that there are still only a few properties available. (around 5 %)

These mostly consist of the Type 7 properties which are proving very popular with Makadi buyers due to the spacious layout. The Type 7 has 2 double bedrooms, a bathroom, kitchen, spacious lounge/dining area & balcony or terrace. It is 2 stories high with the ground floor having the advantage of a garden. The first floor properties have the stunning high domed ceiling , a truly luxurious feature not normally seen in properties within this price range.

It is the extra detailing &  Luxury design with an affordable price tag which has made the Makadi Bay Development one of the most popular on the Red Sea Riviera.

Completion for Phase 2 is due November 2011 & there are a few remaining Type 7 properties from £24,626.

GDI OVERSEAS

Opens up a new opportunity for investors looking for an affordable investment with high returns. Introducing Makadi Bay onto the list of specialist areas in the Red Sea.

About Makadi Bay:

Makadi Bay is a beachside resort located 35 km south of Hurghada. Makadi Bay provides a tranquil retreat for holiday makers including vast beaches, snorkeling, scuba diving, golf and much more. Now, this location will be open for investors to secure their residences.

Makadi Bay Lifestyle and Hotels:

There is currently a list of exclusive high end luxury hotels to kick start the Infrastructure including Fantasia Beach, Royal Makadi Resort, Sol Y Mar Makadi Marine, Prima Life Makadi Bay, Iberotel Makadi Oasis, Hotel Serenity, Hotel Jaz Makadi Golf & Spa, Grand Makadi Hotel, Makadi Palace Hotel, Sensimar Makadi Hotel, Aldiana Makadi Bay, .

Designed like a self-contained village, Makadi Bay’s network of pedestrianised streets centre on a shopping and restaurant area and connect a string of elegant beachside hotels. Choose from a Makadi property for sale here and you’ll wake up to soft pearly sands, twinkling azure waters and in the background, the fiery crimson hues of the Red Sea Mountains. It’s paradise found for sunbathers, serenity-seekers and watersports addicts.

Investments in Makadi Bay aren’t just about the sun and sea though. Makadi Bay offers adrenalin-pumping sports facilities like tennis and volleyball, great kids’ amenities and indulgent spas perfect for soothing sand-sprinkled, sun-baked bodies.

Makadi Bay Location:

Makadi Bay is just a 25 minute drive from Hurghada and will cost you about EGP 40 in a taxi to get to Hurghada for a busy night out. Just 15 minutes towards Hurghada you will also find Shl Hasheesh, a luxury bay with stunning views and crystal blue waters. So if you like the peace and quiet but want to be within reaching distance to the buzz, Makadi Bay Real Estate offers the perfect combination.

Investing in Makadi Bay:

Due to the land purchase price being unbelievably low (approximately $1 per m2) this has allowed benefitting development firms to offer Makadi Bay Apartments at a substantially low price. Although the rental market is a little premature, investors will benifit enormously from the growth in value year upon year. We estimate the growth to be between 7% and 10% per year from 2010. For 1st time investors in the Red Sea property market, GDI Overseas reccomends our development in Mkadai as the Top Tip for 2010, with such low entry prices and lexible payment terms, Makadi Bay property is making its mark on the map.

Makadi Residence Project:

Makadi is a super size development by the same internationally acclaimed developers that built the prestigious “El Gouna” Project. This firm specialises in building large resort communities, not individual projects. The prices on offer are simply the best value for money in the whole Red Sea region to date. Makadi is located in the area of Makadi Bay, Red Sea over a plot of 3.75 million m². Makadi project offers units with areas from 35m² to 135m². All imaginable amenities such as schools, hospitals and a sports club will also be available to complete the setting. Makadi is strategically located between Sahl Hasheesh and Safaga, Egypt’s main Red Sea Port. Also just 35Km south of Hurghada and 30Km south of Hurghada International Airport.

Facilities & Amenities
- Numerous Large Swimming Pools
- Central Clubhouse
- Tennis Courts
- Spa and Fitness Centre
- Transport to Beaches (5 mins)
- Shopping Centre
- Hotel
- Restaurants
- Bars
- Landscaped Gardens
- Playgrounds
- Worship Area
- School
- Hospital

Features & Fittings
- Furniture Packages Available
- Balcony/Terrace
- Tiled Floors
- Windows Fitted
- Solid Wood Doors
- Telephone Sockets
- Internet Points

Construction
Complete: November 2011

Project Makadi Construction Update:

On February the 27th, 2010, Stefan Picot of GDI Overseas visited the Makadi Site and was full of praise for the gorund breaking work. You could see the Makadi Bay property coming out of the ground. With Type 6, Type 7, Type 9 and Type 8 units visibly progressing well in Q1 and Q2. In December 2009 the work on foundations had only just begun meaning there was a very fast workrate.

Activities in Makadi Bay:

Scuba Diving in Makadi Bay is very popular with dive spots being much quieter than its counterparts in Hurghada. If the water is not for you, why not go with a Makadi Tour Guide to go quad biking in the mountains. While infrastructure increases, there will be numerous golf courses, water activities, beach activities and more in this exciting development area.

Stefan Picot – Director of Sales

Born in Hong Kong, Stefan has developed experience in sales across the Globe including Canada, UK, and the UAE. He has worked in a number of high-end companies focusing on real estate sales and company investment, Stefan has been pivotal in the fast development of GDI due to his dedication, commitment and client care. Stefan is responsible for the strategic and tactical marketing of GDI Overseas to further lift its profile, as well as organising brand management, sponsorships and suppliers lists.

Stefan leads in the most free-market co-operative sales in the GDI Sales team for three years running.. Additionally he consistently achieves fantastic returns for investment Clients, including a record breaking Luxury family Villa sale for over 7,000.000 Million GBP in Kamala, Thailand in 2009. In January of 2010 he was awarded membership into the prestigious jumeirah Hotel chain by the chief executive officer of the GDI Group for leading sales Manager of the year. Stefan has had many articles in media such as in the “place in the sun” magazine and been featured in many real estate articles in Russia and Malaysia, and other print media magazines.

EXPERIENCE: Stefan’s sales numbers and happy homeowners speak for themselves. During the past 5 years of selling real estate, she has successfully closed more than 140 transactions. Over 70% of his business is referral-based from past clients and investors looking for that personal professional 5 star touch. His customers are both satisfied and express their gratification when working with Stefan. His philosophy involves constant communication and personalized service. He believes in providing his clients with the full attention they deserve in every aspect of making what is to most people, the largest financial endeavour of their lives.

Stefan has of recent moved up to Team leader in the Egypt sales division, the team will consist of 5 employees including a admin professional and another 4 agents in the Hurghada Area and Nationwide to help with any type of transaction, whether commercial, residential, investment.