Property Listing
Desert Pearl development - Studio Apartment
Number of Bedrooms: 1
Number of Bathrooms:
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Studio Apartment
Egypt Property
Hurghada - Red Sea
Where the desert meets the sea lies the capital of the Red Sea Governorate, Hurghada, a bustling town, known as Al-Ghardaka in Arabic. 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.
Desert Pearl Beach Apartments are located 200m from the shores of the Red Sea in Hurghada, Egypt. It is a gated beach apartment resort and will benefit from communal swimming pools and tropical gardens, laundry, gymnasium, internet café/ business centre and 24 hour on site security. The project comprises of 225 studio, one, two and three bedroom apartments with European finishes which include;
•Polished ceramic floors
•Tiling in kitchen and bathrooms
•Window and floor installation
•Fitted wardrobes in bedrooms
•Electrical instillation
•Pre-installation for 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
Prices start at £ 19,800 for a 44m² studio and 60% financing is available.
This is an excellent example of property in Egypt.
Property Details
Setting: N/AGarage: No
Garden: Yes
Guaranteed Rental: No
Keyready: No
Pool: Yes
Local Facilities: 200 metres to the beach
Promenade shops and restaurants
Hard Rock Cafe
Ministry of Sound club
Several world class dive centres
Golf courses
Hospitals
Supermarkets
200km to Luxor temples/Valley of the Kings/Tutankamun etc
Investment Details
High rental income potential from year round letting and excellent prospect for capital growth, 15%+ per year over recent years
If rented for an average of £150 per week for only 75% of the year (40 weeks) rental income could be £6000 per year (30%)