Studio apartment Desert Pearl Beach Complex Hurghada, Egypt
Asking price of GBP £17,600
Ref: Desert Pearl Beach Complex
0 Bedroom(s), 1 Bathroom(s) |
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Desert Pearl Beach Complex is located only 200 meters away from Hurghada’s pearl white, sandy beaches and main shopping district. It offers a great investment opportunity at a low entry level by the shores of the Red Sea.
Desert Pearl Beach Complex consists of 225 gated European style terraced apartments with communal tropical gardens, pool bar and swimming pools. In addition the complex will provide year round services including maintenance, gardening and laundry services. The ground floor will house private facilities including a fully-equipped gymnasium, games room and internet café/business centre.
Desert Pearl, which has been planned with international buyers in mind, represents a new opportunity for UK and Irish investors to gain a foothold in the burgeoning Egyptian property market. Although there are other new residential developments near Desert Pearl, they have already been completed and the lack of ‘For Sale’ boards in the area underlines the fact that virtually all the other properties have already been sold. This means that Desert Pearl is the only development in a prime location currently available at prices lower than £15,000.
Discounts are being offered in both phases of this development and are sure to be a sound, solid investment with great rental opportunities.
Where the desert meets the sea lays the capital of the Red Sea Governorate, Hurghada, a bustling town. Founded in the early 20th century as a fishing village, with over 40km of coastal resorts and spectacular beaches, the Red Sea Riviera has fast become a community of mixed nationalities and cultures. The permanent summer weather and leisure activities, including desert safaris, diving and golf, make this the most popular resort in Egypt, one that is continuously increasing in visitor numbers.
Completion: Phase 1 December 2007 Phase 2 December 2008
DESERT PEARL BEACH KEY FACTS
Expect up to 23.6% annual rental yield - year round summer climate
Prices starting low
Discounts offered
10% reservation fee - great payment structure in place, fully refundable within 21 days
Many leisure facilities
Free legal completion
Mortgages available
DESERT PEARL BEACH FINISHES
Polished ceramic floors
Tiling in kitchen and bathrooms
Windows and doors installation
Fitted wardrobes in bedrooms
Electrical installation
Pre-installation for digital TV platforms as well as sockets for telephone, television and data lines
Fitted kitchen with base units, stainless steel sink, granite worktops and mixer taps
Bathroom sanitary fittings in white porcelain (toilets, sinks & baths/showers) with mixer taps and extractor fans
Central water heating
More property photographs
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