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Hurghada Property for sale
8/26/2008 - International Dreams
FOR SALE a splendid Apartment situated in Hurghada Hurghada Egypt . Property posted by International Dreams at 20,900 GBP Prices From as at 26 August 2008. This Apartment, contains 0 beds and 1 baths , is 40 sq m . Ref: EGYPTIAN PEARL. 1 2
Apartment Off-plan
in
Hurghada Hurghada, Egypt
Property in
Hurghada |
Property in Egypt
| Back
| Bedrooms: 0 |
Bathrooms: 1 |
Size:
40 sq m |
Price:
20,900 GBP Prices From
(EUROS) € 26,269 (GBP) £ 20,900 (US) $ 38,826 |
| Finance this property from
62.18 GBP (€ 78.15/ £ 62.18/ $ 115.51)
per month - see our
Egypt
mortgages
info |
|
Apartment Description
Luxury apartments in the new Village of Hurghada, only 500m from the beach. 50% Finance available
Eqyptian Pearl Apartment comprises of a total of 53 apartments:
6 studios, 10 one-bedroom professional, 25 one-bedroom luxury, 6 two-bedroom and 6 three-bedroom apartments.
A limited number of the following pre-launch properties at Egyptian Pearl are being offered at reduced prices: Studio Apartments - 474 ft2 (44m2) : £20,900 1 Bedroom Professional - 667 ft2 (62m2) : £29,450 1 Bedroom Deluxe Apt- 786 ft2 (73m2) : £34,675 2 Bedroom Apartment - 1001 ft2 (93m2) : £44,175 3 Bedroom Apartment - 1184 ft2 (110m2) : £52,250
The complex will provide year round services. These are: maintenance, gardening and laundry services. The ground floor will house private facilities including a fully-equipped gymnasium, games room and internet café and business centre.
Egyptian PearlStudio and 1, 2 and 3 bedroom apartments
The internal space has been designed to disperse the beautiful natural sunlight. Open-plan kitchenettes provide owners with the maximum feeling of space within the apartment.
Egyptian Pearl finishes include:
* 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.
Geographical Location
The Red Sea coast stretches for more than 800 KM 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
Egyptian Pearl is only 10 minutes from Hurghada International airport. Direct weekly flights to Europe's major airports. Flight time: 4.5 hours from the UK (Egypt Air and BA)
Munich - 4 hours Rome - 3.5 hours. Under 4 hours from most other major European cities.
Payment Plan/Buying Information £1,000 reservation deposit deducted off initial payment 40% - Within 21 days 60% - On completion.
Buying Costs
Registration and Legal Fees £995
Maintenance and Running Costs
£500 per annum for a studio. £600 per annum for a one-bedroom. £700 per annum for a 2/3 bedroom.
Annual Real Estate Tax: £50 (500 EGP).
There is no VAT, no Government tax, no inheritance tax Property is Freehold. Property can be sold on at anytime
Mortgages
A capital and repayment type mortgage, subject-to-status, on 60% of the purchase price is available at 7.9% flat rate for a maximum period of 10 years.
International Dreams
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Egypt
Mortgages: Example for
REF
EGYPTIAN PEARL
(
Apartment Off-plan
in
Hurghada Hurghada, Egypt
) |
Interest only mortgage
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
6,270 GBP
70 % Financed =
14,630 GBP
Monthly mortgage repayment =
62.18 GBP (€ 78.15/ £ 62.18/ $ 115.51)
|
Capital repayment mortgage:
Example APR =
5.1
%
Example Mortgage Term =
30
years
30% Deposit =
6,270 GBP
70 % Financed =
14,630 GBP
Monthly mortgage repayment =
79.43 GBP (€ 99.84/ £ 79.43/ $ 147.56)
|
| Correct as at Friday, November 21, 2008 |
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