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Apartment - For Sale - Hurghada, Al Bahr al Ahmar, Egypt
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Ref: 112 £25,300
   
 
Hurghada, Al Bahr al Ahmar, Egypt
  • 8% Rental Guarantee For 5 Years Plus 12 Weeks Free Personal Use!!
  • Beachfront Development
  • Private Beach
  • Health Club
  • Bedrooms: 2

    8% RENTAL GUARANTEE FOR 5 YEARS PLUS 12 WEEKS FREE PERSONAL USE!!

    Oasis Marina is an exciting new beachfront development located in the fast emerging Al-Ahyaa area between Hurghada and El Gouna.

    Benefitting from a vast private beach on the opposite side of the new promenade from the development, the project consisting of just 660 apartments and a hotel. This ensures that there is more than enough room for everyone to enjoy the wide, golden beach and the unspoiled turquoise waters of the Red Sea.

    With a wide range of apartment sizes ranging from 32m2 studios up to 100m2 two-bedroom units, there is something suitable for everyone on this development. Units are supplied either on a finished or a turnkey basis, allowing buyers to move in straight away without the hassle of having to source all their own furniture.

    Better still are the wide range of payment options available. Cash buyers will be attracted by the fact that there are up to 25% discounts for fast payment. At the opposite end of the scale, those needing longer to pay will be attracted by a unique deal whereby buyers only need to pay 60% of the purchase price in cash over the course of the build of the project, with the remaining 40% being covered by a guaranteed rental scheme ove ra period of five years.

    Phase One of Oasis Marina has just been launched onto the market. As a result, the best apartments in the resort - those closest to the beach - are still available, including some units in villas that are directly facing the sea - usually only found in large villas costing over GBP250,000.

    Facilities & Benefits

    Frontline property with access to own private beach
    Beach front and sea view for over 70% of apartment
    Large, heated swimming pools with children's sections
    Large communal roofs with breathtaking sea views
    10 year construction apartment warranty
    All properties are completed to European standards
    Ten minutes from the PGA Championship golf course in El Gouna
    Main reception area offering hotel style service
    Health club plus beauty and gym sections
    Diving and Aqua centres including kite surfing
    Four restaurants offering a variety of cuisines
    Various shops including mini market, pharmacy, cafe bar with Internet business center
    Laundry service which also offers rental changeovers
    Regular shuttle bus to both Hurghada and El Gouna
    Pickup service including airport collections
    Sight-seeing tour operator
    Key handling rental management service
    Satellite and telephone points plus air conditioning units and fitted kitchens pre-installed
    Management fee guaranteed capped for 3 years
    Full post service maintenance and repair service
    Manned 24-hour gated security

    Payment Schedule

    As has been explained on the Prices section of the site, there are many different payment options for buyers of apartments at Oasis Marina. Here are the payment plans for each of the variations:

    Regular Payment Plan

    This applies to units that are bought with standard finishing or as a complete turnkey solution:

    10% reservation fee (fully refundable up to 30 days from reservation)
    30% within 8 weeks of signing the contract.
    60% upon completion.
    25% Discount Option

    To obtain a 25% discount on either the standard finishing or complete turnkey solution prices, buyers would need to make the following payments:

    20% reservation fee (fully refundable up to 30 days from reservation)
    80% within 8 weeks of signing the contract.
    20% Discount Option

    To obtain a 25% discount on either the standard finishing or complete turnkey solution prices, buyers would need to make the following payments:

    20% reservation fee (fully refundable up to 30 days from reservation)
    50% within 6 weeks of signing the contract.
    30% within 30 weeks of signing the contract.
    Guaranteed Rental Option

    Perhaps the most interesting option, and one that is unique to Oasis Marina, is the Guaranteed Rental Option. This is only available on full turnkey packages.

    Under this system, buyers pay only 60% of the price of the property in cash. The remaining 40% is paid by the developer through renting out the property for 40 weeks per year for a period of five years. The remaining 12 weeks per year are available for use by purchasers.

    The payment schedule for this option is as follows:

    10% reservation fee (fully refundable up to 30 days from reservation)
    30% within 8 weeks of signing the contract.
    20% upon delivery.

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    Exchange rates 1 EGP = 0.18336 $ 1 EGP = 0.11128 £ 1 EGP = 0.12345 €
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