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Hurghada, Red Sea, Egypt
18,908 GBP
1 Bedroom
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| Property Description: |
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Khamsin Beach Resort is a luxury collection of waterside apartments located in the Arabia District of Hurghada just 10 minutes from the bustling tourist hotspot of Sheraton Road, Downtown Hurghada.
The project offers far???reaching views over the Red Sea towards Giftun Island
and is scheduled for completion by the end of May 2011.
During this pre???launch release pricing has been geared to offer earlybird buyers the lowest possible entry point:
Studio Apartment: from ??18,908
1 Bed Apartment: from ??33,500
2 Bed Apartment: from ??35,769
3 Bed Apartment: from ??82,725
Purchase Process:
Option 1
??500 Reservation fee (refundable)
40% Deposit less ??500
20% 6 months after contract
20% 12 months after contract
20% on completion
Option 2
??500 Reservation fee (refundable)
40% Deposit less ??500
2 month payment holiday
40% over 10 x monthly payments (at 4% interest)
20% on completion
The Arabia District lies close to Hurghada Port ??? the centre of the diving industry for the entire region. Khamsin Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beachfront location but due also to the resorts proximity to the city centre ??? The Heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily cross all real estate stock over the next 5???10 years. Saleability of this prime beachfront resort is extremely high, and the gains for pre???launch investors are truly exceptional. Prelaunch prices are certainly at or below ANY other project in the region, even when you do include the ???dressed up??? discounts that proliferate some of these projects. As such, Khamsin is firmly at the top of the list of options for sensible investors.
Prices for similar projects are selling at ??800+ m2 in Hurghada
Low purchase costs and stage payments available
Strong exit strategy ??? highly desirable re???sale unit
Very strong resale potential prior to completion particularly for early bird investors
Higher rental Return due to Rental Pool option and beachfront location
Furniture packs and Air Conditioning included with many apartments during pre???launch release.
Price increase of 15% at end of pre???launch
All properties are freehold and complete in May 2011
No capital gains tax or inheritance tax
Prices start from ??18,908 and includes furniture and air conditioning for selected units for a limited period only.
LOCATION
If there is one thing you can rely upon with property investment it is location, location, location. The Khamsin Beach Resort is an ocean side collection of luxury apartments with its own private beach in the Arabia District, close to downtown Hurghada by the Red Sea, Egypt. Get in early!
This is the very first marketing activity for Khamsin Beach Resort and there are some incredible early???bird offers available for a limited period. The price structure presented in this pre-launch phase will be totally revised with a minimum increase of 15%.
RENTAL RETURNS
The Project is scheduled for completion by May 2011, it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental pool program. The high local occupancy rates throughout the 12 month season, make this project of interest to any buy-to-let investors.
CAPITAL APPRECIATION
Hurghada is fast becoming the centre of operations for the Red Sea Tourist industry. Airport expansion and large scale regional development will see visitor numbers double over the next 10 years. Now is the time to buy beachfront to secure the greatest rental and capital returns tomorrow.
LONG TERM DEMAND
The Red Sea Region is the ???Costa Del Sol??? for middle eastern communities and this is the key driver to the rapid and continued development in the region as a whole. This resort will maintain a very high desirability factor for rental usage and eventual re-sale as part of any focused investment strategy.
RESORT FACILITIES:
Private beach
swimming pools
fitness centre
spa and beauty centre
Kids Beach Club
restaurants and beach Bars
Water sports centre including Diving School, kite and windsurfing.
Equipment hire and storage.
WiFi, Cable TV and data to all apartments
Internet Cafe
Reception and Concierge Service, cleaning , laundry and maintenance
service
Central Hurghada location
Close to Sheraton Street & Port
Airport only 15mins
10 year construction Guarantee.
COMPLETION DATES
Khamsin Beach Gardens Dec 2010
Beach resort Dec 2011
??500 REFUNDABLE DEPOSIT REQUIRED - CALL NOW FOR MORE INFORMATION.
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| Property Features: |
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| Location |
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Red Sea |
| Type of property |
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Apartment |
| No. of bedrooms |
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1 |
| No. of reception rooms |
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1 |
| No. of Bathrooms & WCs |
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1 |
| Property Status |
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Freehold |
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| Property Features: |
| Balcony: |
Yes |
| Garden: |
Yes |
| Sea View |
Yes |
| Swimming Pool: |
Yes |
| Waterfront: |
Yes |
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| Property Map: |
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Featured Agent |
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Town & Country Spain
Calle Mayor 135, Bajo B
Pilar de la Horadada
info@townandcountryspain.co.uk
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