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1 bedroom Apartment for sale in Hurghada

Specification

Bedrooms 1 Bathrooms 1
Plot Build 45m²
Swimming Pool Communal Pool Listed 02/02/2010
Price €33,419 Reference 26937

Description

This is the perfect development for anyone looking for an affordable one-bedroom apartment in the centre of Hurghada, many of which offer stunning sea views.

It’s also the perfect development for anyone who does not want to wait too long to take possession of their apartment as it is now very close to completion, with units ready to move in during the summer of 2009.

In addition to its excellent location, just five minutes away from the new Hurghada Marina and a couple of minutes’ walk from the biggest public beach in Hurghada, this resort is also an excellent prospect for investors due to the developer’s Guaranteed Rental Scheme which offers 5% return for the first two years, followed by 10% return for the following three years – an average of 8% over a five year period.

With this development so near completion, and with the majority of units here sold out, prices here are sure to rise quickly once the remaining unts have sold out and the development is completely finished.

It is located in the Arabia area of Hurghada. This is a strategic location as access to the main centre of Hurghada, Sakkala and the Sheraton Road is only five minutes away. Sheraton Road is home to most of the bars, restaurants, shops and nightclubs including the Ministry of Sound and its sister club, HedKandi.

In the other direction is downtown known as Dahar where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only also only fifteen minutes away by car.

However, what really makes this development special is its proximity to the public beach. The project lies in front of a large and well maintained public beach meaning the project has fantastic sea views (even from the ground floor). Also, being right across the road from the public beach means that there is no danger of more buildings coming in future and blocking the sea view, which is a concern for most developments in Hurghada.
Facilities & Benefits:

  • All apartments have sea or pool views
  • Large public beach right in front of the development
  • High quality building and European style finishing
  • Commercial units including Abu Ashra Market
  • Panoramic sea view coffee shop/restaurant
  • Rental & maintenance service
  • Swimming pool
  • Rooftop Cafe
  • Health club
  • Supermarket
  • Pharmacy
  • Lifts to all floors
  • 24 hour security
  • Pre-installation for telephone and internet lines
  • Landscaped gardens
  • On site management service
  • Discount card to upmarket stores in the area
  • Guaranteed Rental Scheme offering 5% for years one and two, then 10% for years three, four and five (with two weeks’ personal usage)
  • Annual maintenance fee of GBP600 per year

Photos

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