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Hurghada Property

10/6/2008 - EGYPT REAL

A perfect Apartment near Hurghada Hurghada Egypt for sale at 19,440 GBP as at 6 October 2008. The Apartment is 48 sq m, has 0 beds and 1 bathrooms listed by EGYPT REAL ref no. RED SEA PHAROAH. fasade entrance furniture packs available show apartment map of developments in the area

Apartment in Hurghada Hurghada, Egypt

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Hurghada  Property Hurghada  Property
Hurghada  Property
Hurghada  Property
Hurghada  Property
Hurghada  Property
Bedrooms: 0 Bathrooms: 1 Size: 48 sq m
Price: 19,440 GBP

(EUROS) € 22,276
(GBP) £ 19,440
(US) $ 31,773
Finance this property from 57.83 GBP (€ 66.27/ £ 57.83/ $ 94.52) per month - see our Egypt mortgages info

Apartment Description

  • overview

RED SEA PHARAOH. Located right in the heart of Hurghada's new Touristic Centre - El Kawser. A small and very affordable development with the personal touch.
Phase One complete awaiting finishing.

Studio apartments of 36-51m2 from GBP 14,000 / EUR 17,577
One-bedroom apartments of 48-67m2 from GBP 19,440 /EUR24,407
Two-bedroom apartments of 60-74m2 from GBP24,300/EUR30,509

Overview
The Red Sea Pharaoh development is an excellent choice for anyone wanting to live right in the heart of Hurghada, with all of the town's facilities right on your doorstep, and all at very affordable prices.

Phase One of the development was completed at the start of April 2008 and several families are happily living in their apartments already. Phase Two has now just been released offering a variety of sensibly-sized and affordably-priced units.

The Red Sea Pharaoh is a small, intimate development that will appeal to anyone looking for a friendly and personal touch – more like a club than a vast and faceless resort. It is the perfect choice for anyone looking for a true home in the sun, where they can be assured of a warm welcome whether they are planning on living there permanently or just using it for holidays.

Location


The Red Sea Pharaoh is located right in the heart of El-Kawser, which is fast becoming the new heart of Hurghada's thriving tourist business.

Hurghada airport is less than five minutes away, Hurghada's beautiful sandy beaches are just five minutes' walk from here. The city's new Mansha walkway together with the Esplanada shopping mall is only two minutes from here.

Facilities & Benefits

UK constructor
Large communal area downstairs for all residents to take advantage of
English café operating throughout the day
Roof terrace furnished with sun loungers and umbrellas with a beautiful view of the Red Sea
Large swimming pool
Public park opposite the building's main entrance
Friendly and welcoming staff
24 hour security
24 hour housekeeping service
Full management service available
Yearly maintenance fee of GBP400
Legal fees included in the cost of the apartment

Finishing
Aluminium windows and balcony doors
Interior doors and handles
Exterior front door and handle
Superlux wall finishing
Fully tiled bathroom
Fitted bathroom (toilet, wash basin and shower/bath) from Ideal Standard or Duravit
Tiled American kitchen with marble bench tops and a fitted sink
All electrics (meters included)
Ceramic floors throughout
Water meters and pumps

Phase One of Red Sea Pharaoh is complete awaiting finishing. Finishing can usually be completed in around six weeks.

Phase Two will be finished by end 2008.

Prices

Type m2 GBP EUR USD
Studio - Min 36 14000 17577 27566
Studio - Max 51 20655 25932 40670
1 Bed - Min 48 19440 24407 38277
1 Bed - Max 67 27135 34068 53429
2 Bed - Min 60 24300 30509 47847
2 Bed/2 Bath - Max 74 29970 37627 59011

Payments for this development are payable in GBP. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates. See below to calculate actual prices at today's exchange rates.


Payment Schedule

For units in Phase One:
10% Initial Deposit
90% upon signing of contracts (within four weeks of deposit)
For units in Phase Two:
10% Initial Deposit
40% upon signing of contracts (within four weeks of deposit)
50% upon completion

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EGYPT REAL


EGYPT REAL
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Egypt Mortgages: Example for REF RED SEA PHAROAH

( Apartment in Hurghada Hurghada, Egypt )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 5,832 GBP
70 % Financed = 13,608 GBP
Monthly mortgage repayment = 57.83 GBP (€ 66.27/ £ 57.83/ $ 94.52)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 5,832 GBP
70 % Financed = 13,608 GBP
Monthly mortgage repayment = 73.88 GBP (€ 84.66/ £ 73.88/ $ 120.75)
Correct as at Friday, July 30, 2010

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