Place4U - Investment Properties

Place4U - Investment Properties
16 Hanover Square Mayfair London W1S 1HT

http://www.place4u-investmentproperties.com
Apartment - For Sale - Hurghada, Al Bahr al Ahmar, Egypt
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  Price on Application
   
 
Hurghada, Al Bahr al Ahmar, Egypt

Description:

Hurghada Dreams is a brand new gated development of hotel-style apartments
(1 & 2 bedrooms), commercial units and extensive facilities. The project is located
centrally in Hurghada in a strategic location between downtown and newtown.
Accross 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.

Hurghada dreams is located in “Al Arabia” area of Hurghada. This is a strategic
location as access to the main centre of Hurghada - Sakkala (Sheraton road) is only 5 minutes away. Sheraton road is home to most of the bars, restaurants, shops and nightclubs (including 2x Ministry of Sound) in Hurghada. To the other direction you reach downtown (“Dahar”) where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only 15 minutes away by car.

Features

Swimming pool
Cafe
Health club
Super Market
Pharmacy
Coffee Shop
Excursions
Lifts to all floors
24 Hour security
Pre-installation for telephone and internet lines
Landscaped Gardens
On site management service

Rentals

A rental management company will be in place to manage
rentals on apartments. For those interested in a pure investment
a guaranteed rental offer is available (Currently limited to 1
bedroom apartments)

Guaranteed rental returns:
• Year 1 & 2 - 5% per year
• Years 3-5 - 10% per year

Rental income is paid annually in arrears and there is an extra
management charge of £200 per year for the rental management.
In order to qualify for the guaranteed rental packages apartments
must be supplied with the correct options list (Available on
request)

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Exchange rates 1 EGP = 0.18342 $ 1 EGP = 0.10984 £ 1 EGP = 0.12165 €
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