Hurghada Dreams - Hotel-Style Apartments!
Prices from GBP £29,543
Ref: Hurghada Dreams
2 Bedroom(s), 1 Bathroom(s) |
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Hurghada Dreams – Invest in Hurghada’s prime located resort that offers sea views, beach access and extensive facilities.
Hurghada Dreams is a brand new gated development of hotel-style apartments (1 & 2 bedrooms), commercial units and extensive facilities. The project is located centrally in Hurghada in a strategic location between downtown and new town and only 15 minutes drive from the International Airport. Across the road from Hurghada Dreams is the best open public beach in the area giving fantastic sea views from most apartments. This project presents a unique opportunity to invest in Egypt’s rapidly emerging property market. No other project this close to the centre can offer sea views & beach access with extensive facilities on a large project at these prices. Owners should see a strong capital growth and an excellent long and short-term rental income throughout the year.
Key features and Facilities
• Sea View apartments in front of a large public beach
• 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 Café & Coffee Shop
• Health club
• Super Market, Pharmacy
• Excursions
• Lifts to all floors
• 24 Hour security
• Pre-installation for telephone and Internet lines
• Landscaped Gardens
• Discount membership scheme for use at popular brands throughout Hurghada
The Beauty of Hurghada Dreams 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). Being a public beach also means that your views will be maintained!
A rental management company will be in place to manage rentals on apartments. For those interested in a pure investment a guaranteed rental offer is available (Currently limited to 1 bedroom apartments)
Guaranteed rental returns:
• Year 1 & 2 - 5% per year
• Years 3-5 - 10% per year
Rental income is paid annually in arrears and there is an extra management charge of £200 per year for the rental management. In order to qualify for the guaranteed rental packages apartments must be supplied with the correct options list (Available on request) Maintenance is £460 per year
Payment Plan
£2,300 refundable deposit for 28 days
35% on signing of contracts
15% 6 weeks after signing contract
25% 8 months after contract
25% on completion less the deposit (March 2009)
Price Examples
1 bedroom apartment £29,543 - £51,998 with square footage ranging from 45m2 – 78m2
2 bedroom apartment £51,535 - £74,474 with square footage ranging from 91m2 – 112.84m2
Inspection Trips – Available please call for further information
More property photographs
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