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Property for sale in Desert Pearl Apartments , Hurghada

11/29/2006 - selectoverseas.com

Desert Pearl Apartments , Hurghada Al Bahr al Ahmar Egypt Apartment for sale, with 2 bedrooms and 1 bathrooms only 37,200 GBP . Size of Apartment is 93 sq m this listing by selectoverseas.com on 29 November 2006. Quote ref. 309. Property View 1 Property View 2 2 Bed Floor Plan 1 2 Bed Floor Plan 2 3 Bedroom Floor Plan 1 3 Bedroom Floor Plan 2

Apartment in Desert Pearl Apartments , Hurghada Al Bahr al Ahmar, Egypt

Property in Al Bahr al Ahmar | Property in Egypt | Back



Property for sale in Desert Pearl Apartments , Hurghada Property for sale in Desert Pearl Apartments , Hurghada
Property for sale in Desert Pearl Apartments , Hurghada
Property for sale in Desert Pearl Apartments , Hurghada
Property for sale in Desert Pearl Apartments , Hurghada
Property for sale in Desert Pearl Apartments , Hurghada
Property for sale in Desert Pearl Apartments , Hurghada
Bedrooms: 2 Bathrooms: 1 Size: 93 sq m
Price: 37,200 GBP

(EUROS) € 46,392
(GBP) £ 37,200
(US) $ 73,686
Finance this property from 110.67 GBP (€ 138.02/ £ 110.67/ $ 219.22) per month - see our Egypt mortgages info

Apartment Description

The Desert Pearl Apartments are only 200 meters away from Hurghada’s pearly white sandy beaches and shopping district.

Desert Pearl consists of 225 gated European style terraced apartments with communal tropical gardens, pool bar and swimming pools.

The complex will provide year round services including maintenance, gardening and laundry services. The ground floor will house private facilities including a fully equipped gym, games room and internet café/business centre.

A great investment opportunity by the shores of the Red Sea with prices starting from only £37,200

2 & 3 Bedroom Apartments –

Desert Pearl Finishes Include:

Polished ceramic floors.
Tiling in kitchen and bathrooms.
Window and door 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 work tops and mixer taps.
Bathroom sanitary fittings in white porcelain (toilets, sinks & baths/showers) with mixer taps and extractor fans.
Central water heating.

See Yourself In Hurghada –

Where the desert meets the sea lies the capital of the Red Sea, 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 culture. The permanent summer weather and leisure activities, including desert safaris, diving and golf, make this the most popular resort in Egypt.

Nearby, on this strip of the Red Sea coast, lie the stunning resorts of Sahl Hasheesh and El Gouna, both exclusive destinations offering residents and tourist’s fantastic views of the desert and mountains. At the heart of the El Gouna Resort with its natural lagoons is the Abu Tig Marina, the most luxurious harbour on the Red Sea designed around the spectacular El Gouna Golf Club, an 18-hole, PGA professional golf course.

The Red Sea Riviera has two seasons, a hot summer which runs from may to October, followed by a mild winter for the remaining months. The dry climate makes the area a highly desirable location at any time of the year.

Geographical Location –

The Red Sea Coast stretches for more than 800km, from the Suez Canal Hurghada is situated South of the Sinai Peninsula, on the Shores of the Red Sea Coast and East of the Eastern Desert.

Getting There –

Only 10 minutes from Hurghada International Airport.
Direct weekly flights to Europe’s major airports.
Flight time being 4.5 hours from the UK and under 4 hours from most other European cities including Munich 4 hours and Rome 3.5.

Easy Payment Plan –

First payment of 10% as deposit.
Three further payments of 10% in the remaining 12 month period.
A final 60% upon completion paid with either an arranged mortgage (subject to status) or cash.
One off full 40% down payment membership worth £3,995.00 which will cover the completion cost of your purchase.

High Rental Return Achievable –

Yields per annum from 11.8% to 23.6%

2 & 3 Bedroom Apartment Price List –

2 Bedroom:
Floors 1 - 3, 93m2, £37,200
4th Floor - 93m2, £40,920

3 Bedroom
Floors 1 - 3, 110m2, £44,000
4th Floor – 110m2, £48,400

Please ask for further details.

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Al Bahr al Ahmar Car Hire

Egypt Mortgages: Example for REF 309

( Apartment in Desert Pearl Apartments , Hurghada Al Bahr al Ahmar, Egypt )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 11,160 GBP
70 % Financed = 26,040 GBP
Monthly mortgage repayment = 110.67 GBP (€ 138.02/ £ 110.67/ $ 219.22)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 11,160 GBP
70 % Financed = 26,040 GBP
Monthly mortgage repayment = 141.38 GBP (€ 176.31/ £ 141.38/ $ 280.05)
Correct as at Saturday, September 06, 2008

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