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1 Bed Flat for sale

Hurghada, Red Sea Riviera/Sinai, Egypt

£48,500 *

 [$68,429]

Property Details

  • Bedrooms: 1
  • Bathrooms: 1
  • Habitable space: 33 m2

Full Description

We are extremely excited to bring this resort at the best location in Hurghada, the hub of the city and beach front with marina
and multiple pools. Extremely popular with tourist and all hotels in the vicinity are mostly occupied. Never a dull moment always buzzing and
full of life. However within the resort itself it is designed for peace and tranquility with green areas, pools and off course the private beach and the azure blue sea.

The whole strip on the seafront is full of hotels and this site itself had a hotel, which is now demolished and a new residential complex
is being built. Otherwise extremely rare for any properties to come up for sale in this area.

Even better news. Pay only 5% reservation. 5% on signing contract and the remaining is payable over 6 years interest free.
Maintenance is 10% once only for life of property upon completion in 2023.

Facilities at the resort,
Private Beach
Pools
kids pool
Relaxation areas
Sunbed and umbrellas
Marina
Rental Management
Shops, retail area
24/h Security, Parking ,
Extra Storage Rooms ,
Fire Safety System ,
Elevators ,
Wi-Fi ,
Satellite ,
Closed-Circuit Television,
Laundry Service , Housekeeping Service

Within the vicinity directly outside the resort
Hotels
Banks, AUDI, CIB
Costa Coffee, Mc donalds, Kfc, GAD
Vodaphone, Etisalat
Coffee shops, restaurants, shisha cafes
Shopping bazar, shops, malls Abu Ashara market and much more.

The resort has only 2 studio now available,
Size 33 msq.
View Seaview (side) 5th apartment from the beach/seafront.
1 bathroom 1 balcony kitchen area and sitting area as well as
sleeping area suitable for a large bed.

Price £48,500
5% reservation £2425
5% contract signing £2425
15% on delivery of apartment in 2023 = £7,275
£506 per month for 6 years. (72 months)

EGP ACTUAL AMOUNT
Contract payment: (booking) 5%: 52.800 EGP
On signing contract 5% 52,800 EGP
On Delivery 158,400
Payment every month: 11,000 EGP x 72 months

10% maintenance deposit paid once only 105.600 EGP upon delivery in 2023

Additionally apartment types available 1 bedroom, 2 bedroom apartments. 3 bedrooms also possible by combining apartments

This property listing (ref: SHERATON ST) is an advertisement supplied by PadsAbroad Ltd and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.

*Based on an exchange rate of 0.8581 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.

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