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Investment Property » For Sale » Egypt » Al Bahr Al Ahmar » Pyramid 2    

Pyramid 2


Location

Egypt
Al Bahr al Ahmar
Hurghada

Price

£15,000
to £49,500

Delivery date: 2009
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Property ID: 313468










     
 

 Description

Key selling points

  • Year round sunshine
  • British developer
  • Excellent investment potential
  • Strong rental prospects
  • Superb on site facilities
  • Built to european finish

This UK developer is constructing Pyramids 2 Red Sea Resort in Egypt by the shores of the Red Sea in the beautiful town of Hurghada.

Hurghada, a bustling town was founded in the early 20th Century as a fishing village and has now developed into one of the foremost resorts on the Red Sea. The permanent summer weather and leisure activities, including desert safaris, diving and golf make this the most popular resort in Egypt.

The first phase on this development consists of 192 European style apartments and is a selection of studio’s, 1, 2 and 3 bedrooms. The apartments are only 250 meters away from the Red Sea and have amenities such as communal gardens, large swimming pool, laundry service, fully equipped gymnasium, roof top barbeques, café bar with internet business centre as well as a restaurant offering various cuisines.

Payments Payment terms for each sale are as follows:

  • 10% initial deposit
  • 40% on contracts (normally within 30 days)
  • 25% interim payment
  • 25% on completion (Summer 2009)

 
     
     
 

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