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Key selling points
- Buy to let investment
- Priced from only £479 m2
- Finished to an exceptionally high standard
- air con, satellite, TV, dishwasher, microwave, fridge,
- 24 hour reception and security
- Property management
- Prices start for a 61m2 apartment for £26,445
Tranquilia Town Apartments The Opportunity - Landmark residential apartment block in prime central Hurghada location
- Hurghada is Egypt's second largest Red Sea tourist centre (behind
Sharm El-Sheikh). In 2006 the region attracted some 250,000 international and domestic tourists. - All year round rental opportunities: ideal location and facilities to
capitalise on stable residential rental market (e.g. managers of local hotels), therefore significantly reducing risk of ‘rental void' periods - Zero non-construction risk - development completed. Pay off-plan prices
(due to substantial refurbishment) without normal lead time-apartments ready for occupation six months from date contract is signed - Relative value in respect of price: apartments available from £479 per
square metre. Comparable developments in Sharm El-Sheikh are circa 30% more expensive - Very high specification apartments (to European standards) with upper
floors benefiting from panoramic views of Hurghada and direct Red Sea views - Less than 5km from Hurghada International Airport
- All relevant due diligence undertaken
- Favourable tax jurisdiction for foreign investors
Key Points for Potential Investors and Tenants Tranquilia Town Apartments sit atop a shopping mall on Sheraton Road in El Sakkala - Hurghada's ‘new town'. The development is set one row back from the sea and amongst a cluster of hotels (El Pacha, Sea Gull and Mina Mark hotels are its neighbours). The locality is extremely well-served by buses, taxis and ferries, and all local attractions/ amenities can be easily reached. The airport is just a short taxi or bus ride away, whilst Cairo lies around 450km north. One, two and three bedroom residences are available for investors at Tranquilia Town Apartments. Please note the following: - apartments are finished to an exceptionally high standard
- there are direct sea views from some apartments
- 24 hour Reception and security
- room service will be available
- air conditioning, satellite TV, dishwasher, microwave, fridge, washingmachine and direct-dial phone included
- Wireless internet access (for a small fee)
- roof top Jacuzzi and bar, sun lounging area
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