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Hurghada Apartments
hurghada, egypt
Reasons to Invest
Very low entry price
Easy payment plan
Excellent capital growth
Two year guaranteed rental income of 7%*
Rooftop terraces available
Development Features
Excellent investment opportunity by the shores of the Red Sea.
Located in Hurghada, Egypt
New development with 120 apartments available
Prices start from only £15,950** (€21,500 approx) for a studio apartment
Summary
Hurghada Village Apartments consists of approximately 120 apartments, built to
European Standards and is located only 200 metres from the beach. The
development will be surrounded by walls for privacy and will include a swimming
pool, bar, restaurant, communal gardens and 24 hour reception.
The Project
It offers substantial sized apartments with a choice of west-facing units, with
beautiful views of the desert, mountains and sunsets; or east-facing with views
of the sea for the upper levels.
The top floor apartments will have the additional benefit of secluded rooftop
terraces that are the same size as the apartments. The development offers a high
specification build and finish to European standards and apartments will include
the following:
Fitted kitchen
Air Conditioning
Two metre deep balconies
Bathroom (shower tubs in the studios; bath or shower tub in the one, two and
three beds)
The Apartments
We have negotiated with the builder a lowering of the prices for Hurghada
Village apartments on the 1st and 2nd floors. For these specific apartments the
prices are as follows and with immediate effect:
Studio - 44 sqm - £15,950
1 Bed - 55sqm - £19,950
2 Bed - 75sqm - £26,600
Bed - 100sqm - £34,600
Please note: the apartments at these prices do not carry a rental guarantee.
Amenities include:
Communal areas with "Mediterranean" gardens
Swimming pool and pool bar
Restaurant
24 hour reception
Walls around the development for privacy
Cafe
The complex will provide year round services. These are: maintenance,management,
insurance/utilities.
Furniture Packs
Furniture packs cost from £2,500 subject to apartment size - including kitchen
white goods. Two alternative suppliers can provide furniture packs. Please ask
for details.
Guaranteed Rental
7% of purchase price for the first two years. The first year is expected to be
summer 2008 to summer 2010.
Prices & Payment Details
Prices start from only £15,950** (€21,500 approx.) for a studio apartment. Due
to popular demand, units in this development sell on a daily basis. Please use
our enquiry form to request a full colour brochure, current availability and
price list.
Reservation
€3,000 (£2,700 approx)
Contract signing (14 days after deposit)
30%
3 months later
20%
On completion
50% (less deposit)
Completion date (approx)
Summer 2008
*Currency equivalents are based on approximate conversion at time of writing and
are subject to fluctuation. To save money on currency exchange use Staymove
FX.
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