Properties overseas - Egypt
N 31335 Contact information: +7 (926) 236-7037, +7 903 7967498
Object:
     Hurghada Dreams
Price:
     31.574K EUR 
Area:
     45 sq.m. 
Region:
     Egypt, Hurghada
Address:
     Arabia
Description:
     Hurghada Dreams is the perfect development for anyone looking for an affordable one-bedroom apartment in the centre of Hurghada, many of which offer stunning sea views.
     
     It's also the perfect development for anyone who does not want to wait too long to take possession of their apartment as Hurghada Dreams is now very close to completion, with units ready to move in during the summer of 2009.
     
     In addition to its excellent location, just five minutes away from the new Hurghada Marina and a couple of minutes' walk from the biggest public beach in Hurghada, Hurghada Dreams is also an excellent prospect for investors due to the developer's Guaranteed Rental Scheme which offers 5% return for the first two years, followed by 10% return for the following three years - an average of 8% over a five year period.
     
     With this development so near completion, and with the majority of units here sold out, prices here are sure to rise quickly once the remaining units have sold out and the development is completely finished.
     
     Location.
     Hurghada Dreams is located in the Arabia area of Hurghada. This is a strategic location as access to the main centre of Hurghada, Sakkala and the Sheraton Road is only five minutes away. Sheraton Road is home to most of the bars, restaurants, shops and nightclubs including the Ministry of Sound and its sister club, HedKandi.
     
     In the other direction is downtown known as Dahar where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only also only fifteen minutes away by car.
     However, what really makes Hurghada Dreams special is its proximity to the public beach. The project lies in front of a large and well maintained public beach meaning the project has fantastic sea views (even from the ground floor). Also, being right across the road from the public beach means that there is no danger of more buildings coming in future and blocking the sea view, which is a concern for most developments in Hurghada.
     
     Facilities & Benefits:
     • All apartments have sea or pool views
     • Large public beach right in front of the development
     • High quality building and European style finishing
     • Commercial units including Abu Ashra Market
     • Panoramic sea view coffee shop/restaurant
     • Rental & maintenance service
     • Swimming pool
     • Rooftop Cafe
     • Health club
     • Supermarket
     • Pharmacy
     • Lifts to all floors
     • 24 hour security
     • Pre-installation for telephone and internet lines
     • Landscaped gardens
     • On site management service
     • Discount card to up market stores in the area
     • Guaranteed Rental Scheme offering 5% for years one and two, then 10% for years three, four and five (with two weeks' personal usage)
     • Annual maintenance fee of GBP600 per year
     
     Prices.
     1 bedroom apartments 45 – 78 m2 from 31574 – 54528 EUR
     2 bedroom apartments 79 – 104 m2 from 55601 – 74504 EUR
     Purchasers of apartments in this development will be able to opt in to a Guaranteed Rental Program offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.
     
     Completion.
     Construction on Hurghada Dreams is nearing completion. The opening of the development is scheduled for summer 2009.
     
     Payment Schedule.
     • GBP2000 reservation fee
     • 100% Upon signing contract (payable within 28 days of the reservation)
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