Egypt
Location: Hurghada
Studio, 1, 2 & 3-bedroom apartments.
Living area: 30.84m2 - 123.3m2
Completion:
1st Phase: Winter 2009
2nd Phase: Winter 2010
The development is situated just 10 minutes north of Hurghada international airport, just 5 minutes to Hurghada town centre and only 10 minutes south of El Gouna and its 18-hole PGA golf course.
The development is on track to becoming one of the most impressive sought after locations in Hurghada offering secure, luxury living and first-class surroundings that are second to none. There are 570 properties built in 2 phases with a selection of studio, 1, 2 and 3 bedroom apartments all completed to European finish. With an estimated capital growth in this area is around 25% per annum and with prices start from only £17, 733 this development offers the ideal investment property.
One of the main features of the development is that it is directly across from the entrance to the public beach, offering superb uninterrupted views of the coastline and the crystal clear waters of the Red Sea.
This is a 5* development with facilities (listed below) to satisfy all needs.
* UK Developer.
* 10 year builder’s guarantee.
* All properties are freehold.
* All properties are completed to European finish.
* 10 minutes from Hurghada airport.
* 15 minutes from El Gouna golf course.
* 2 Large swimming pool including children’s section.
* Fitted Wardrobes to all properties
* Elevators to all floors
* Pool Bars
* Children’s play area.
* On site lifeguard.
* Restaurant offering various cuisines.
* Fully equipped gymnasium and health suite
* Café Bar with Internet business centre.
* Mini market.
* On-site Pharmacy
* Satellite TV, telephone and internet points
* Pre-installation of air conditioning.
* Laundry service which also offers rental changeovers.
* Large communal roof with BBQs.
* Manned 24 hour gated security.
* Free shuttle bus to the town, golf and beaches.
* Taxi service including airport pick-ups.
* Sightseeing tour operator.
* Strong rental prospects.
* Key handling rental management service.
* Excellent investment potential.
* Investment options available including rental pools, multi purchase discounts, early resale option and early payment discount.
* From £500.00 per year management fee guaranteed capped for 5 years.
* Full maintenance and repair service.
* Regeneration / decoration programme every 2 years.
* 40, 000m2 shopping mall only 250 metres away.
* All facilities are run and managed by developer to maintain quality of service.
Payment terms:
10% initial deposit then a further 40% on signing of purchase agreement (approx 30 days), 25% interim payment and then a final 25% on completion.
Prices from:
Studio: £ 17, 733
1-bedroom: £ 37, 800
2-bedroom: £ 57, 420
3-bedroom: £ 67, 815