Property Listing
Egyptian Pearl Apartments - Studio Apartment - PRE LAUNCH PRICE
Number of Bedrooms: 1
Number of Bathrooms:
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Studio Apartment
Located in the exclusive area of Magawish, in the south of Hurghada, we find Egyptian Pearl Beach Apartments; only 500 meters away from Hurghada's pearl white, sandy beaches,
shopping boulevard and Intercontinental Hotel, the area provides all the facilities and amenities such as: cosmopolitan & traditional restaurants, shopping, diving and entertainment
for adults & children. Egyptian Pearl is a gated European style development offering
62 terraced apartments with communal tropical gardens, pool bar and swimming pool.
A limited number of the following pre-launch properties are being offered at reduced prices:
Studio Apartments - 474 ft2 (44m2)
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/business centre.
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: www.magawish.com/index.html
500 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%)