Ref: HS1272688

KHAMSIN BEACH RESORT

From GBP £18,908

  • Apartment (Off Plan)
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (Off Plan)
  • Bedrooms: N/A
  • Bathrooms: 1
  • Receptions: N/A

KHAMSIN BEACH RESORT. Book now to benefit from exclusive pre-launch offer of Furniture and Air Conditioning with many apartments.

Features

Khamsin Beach Resort is a luxury collection of waterside apartments located in the Arabia District of Hurghada, just 10 minutes from the bustling tourist hotspot of Sheraton Road, downtown Hurghada. The project offers far reaching views over the Red Sea towards Giffen Island and is scheduled for completion by the end of May 2011.

During this pre-launch release pricing has been geared to offer early bird buyers the lowest possible entry point:

38 m2 Studios from just £18,908
52 m2 1 bedroom apartments from just £33,500
84 m2 2 bedroom apartments from just £35,769
114 m2 3 bedroom apartments from just £82,725

All units will be completely finished to a very high standard and include WiFi, Cable TV and data to all apartments.

Solid capital appreciation:

Hurghada is fast becoming the centre of operations for the Red Sea Tourist industry. Airport expansion and large scale regional development will see visitor numbers double over the next 10 years. Now is the time to buy beachfront to secure the greatest rental and capital returns tomorrow.

Strong rental returns:

The Project is scheduled for completion by May 2011, it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental pool program. The high local occupancy rates throughout the 12 month season, make this project of interest to any buy-to-let investors.

The Arabia District lies close to Hurghada Port the centre of the diving industry for the entire region. Khamsin Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beachfront location but due also to the resorts proximity to the city centre — The Heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily cross all real estate stock over the next 5-10 years. Pre-launch prices are certainly at or below ANY other project in the region, even when you do include the ‘dressed up’ discounts that proliferate some of these projects. As such, Khamsin is firmly at the top of the list of options for sensible investors.

Investment features:

• Prices for similar projects are selling at £800+ m2 in Hurghada
• Low purchase costs and stage payments available
• Strong exit strategy - highly desirable resale unit
• Very strong resale potential prior to completion particularly for early bird investors
• Higher rental Return due to Rental Pool option and beach front location
• Furniture packs and Air Conditioning included with many apartments during pre launch release.
• Price increase of 15% at end of pre-launch
• All properties are freehold and complete in May 2011
• No capital gains tax or inheritance tax
• Prices start from £18,908 and includes furniture and air conditioning for selected units for a limited period only


In the majority of Red Sea Resorts prime beach front locations are owned by hoteliers and are rarely set aside for residential development. With its own private beach, these apartments will always be at a premium whether you intend to rent your apartment or when you come to sell.


The facilities on Khamsin Beach Resort are nothing short of comprehensive with the full complement of hotel style amenities and services. Numerous swimming pools, shade and terraces, shops, restaurants and even a dive centre will provide maximum convenience to residents. The complex will also provide all year round services including (but not limited to) maintenance, reception and concierge services, gardening and laundry services.

Payment Schedule:

· £500 reservation fee (refundable up to 21 days from reservation)
· 40% on signature of contract (less £500 reservation)
· 20% six months after contract signing
· 20% twelve months following signature of contract or roof height (whichever is later)
· 20% on completion (December 2009)

COMPLETION: END 2009

Plot Size: N/A

Main Facilities

Suitable For ChildrenSuitable For ElderlyDisabled Access

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Activities

GolfWatersports

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Pricing Notes


Onsite Services / Facilties:
Swimming Pools
Health & Fitness Facilities
Reception & Concierge Services
Restaurants & Shops
Sun Lounging Terraces
Dive Centre

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