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Investment Property » For Sale » Egypt » Al Bahr Al Ahmar » Egyptian Pearl Development Hurghada    

Egyptian Pearl Development Hurghada


Location

Egypt
Al Bahr al Ahmar
Hurghada

Available units

  

Studio
£20,900

  

1 Bed
£29,450

  

2 Bed
£44,175

  

3 Bed
£52,250

Delivery date: January 2009
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Property ID: 411325


     
 

 Description

Key selling points

  • Year round summer climate
  • Great payment structure in place
  • Leisure facilities
  • Mortgages available

Egyptian Pearl Development lies in the heart of the exclusive Magawish area in the South of Hurghada between the Hilton and Intercontinental hotels. The development is located a mere 500 meters from Hurghada's pearl white beaches, and a stones throw from the main shopping and commercial district, home to many shops, bars and restaurants. Incorporating a European style facade, the Egyptian Pearl Development consists of only 53 apartments whereby residents will benefit from the communal gardens and swimming pool. Furthermore the development is fully gated.

Where the desert meets the sea lays the capital of the Red Sea Governorate, Hurghada, a bustling town. Founded in the early 20th century as a fishing village, with over 40km of coastal resorts and spectacular beaches, the Red Sea Riviera has fast become a community of mixed nationalities and cultures. The permanent summer weather and leisure activities, including desert safaris, diving and golf, make this the most popular resort in Egypt, one that is continuously increasing in visitor numbers. The Egyptian Pearl Development lies at the south of Hurghada in the historical area of Magawish, close to the Intercontinental Hotel.

Completion date: January 2009

KEY SELLING POINTS

  • Up to 23.6% annual rental yield
  • Year round summer climate
  • 10% reservation fee - fully refundable within 21 days
  • Great payment structure in place
  • Many leisure facilities
  • Free legal completion
  • Mortgage facility available

BUILDING FINISHES

  • Polished ceramic floors
  • Tiling in kitchen and bathrooms
  • Windows and doors installation
  • Fitted wardrobes in bedrooms
  • Electrical installation
  • Pre-installation for digital TV platforms
  • Sockets for telephone, television and data lines
  • Fitted kitchen with base units, stainless steel sink, granite worktops and mixer taps
  • Bathroom sanitary fittings in white porcelain (toilets, sinks & baths/showers) with mixer taps and extractor fans
  • Central water heating

 
     
     
 

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