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Apartment - For Sale - Hurghada, Al Bahr al Ahmar, Egypt
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Ref: 009 £20,905
   
 
Hurghada, Al Bahr al Ahmar, Egypt
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  • View From All Floors At The Front Of Hurghada Dreams
  • All Apartments Have Sea Or Pool Views
  • Large Public Beach Right In Front Of The Development
  • High Quality Building And European Style Finishing
  • Bedrooms: 2

    Hurghada Dreams is a brand new gated development of hotel-style apartments (one & two bedrooms), commercial units and extensive facilities. The project is located centrally in Hurghada in a strategic location between downtown and newtown . Across the road from Hurghada Dreams is the best open public beach in the area meaning you do not have to walk to find a beach and also you get fantastic sea views from most apartments on Hurghada Dreams.

    This project presents a unique opportunity to invest in Egypt's rapidly emerging property market. No other project this close to the centre can offer sea views & beach access with extensive facilities on a large project at these prices. Owners should see a strong capital growth and an excellent long and short term rental income throughout the year.

    Purchasers of one-bedroom apartments in this development will benefit from receiving free kitchen units plus bedroom and living room furniture and will be able to opt in to a guaranteed rental programme offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.

    Location

    Hurghada Dreams is located in the Al 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 Hurghada Dreams 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

    View from all floors at the front of Hurghada Dreams
    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
    Low annual maintenance fee of just GBP460 per year

    Finishing

    Polished ceramic tiles
    Tiling in bathrooms
    Stone skirting throughout
    Windows with aluminium surround and doors with wood finish
    Electrical installation
    Pre-installation for digital TV, telephone sockets, television and Internet
    Fitted kitchen with stainless steel sinks and granite worktops
    Bathroom sanitary fittings in (toilet, sinks and bath/shower) with mixer taps
    One-bedroom apartment purchasers receive free kitchen units plus bedroom and living room furniture

    Payment Schedule

    GBP2300 reservation fee
    35% Upon signing contract (payable within 28 days of the reservation)
    15% Six weeks after signing contract
    25% Eight months after signing contract
    25% Upon completion (less the GBP2300 reservation fee)

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    Exchange rates 1 EGP = 0.18346 $ 1 EGP = 0.11138 £ 1 EGP = 0.12245 €
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