1 Bed Apartment for sale in Hurghada, Red Sea Riviera/Sinai, Egypt

Isida was one of the best selling development in the history of Hurghada due to a combination of highly affordable prices, all of the facilities that most buyers are looking for in that there are elevators to all floors, plus a decent sized swimming pool - all located within five minutes' walk of the sea in and up-and-coming area.

Originally launched in summer 2010, sales were fast, with the result that over three-quarters of the apartments here were sold in the matter of a few weeks, which led the developers to rush-release their next project - Isida Joya. As a result, all of the studios and one-bedroom apartments on this development are now sold out, although there are still some one-bedroom apartments remaining here.

The development is still affordably priced and so if you are looking for an affordably-priced one-bedroom apartment and you don't want to wait too long to move in, then Isida could very well be your number one choice for an apartment.

Location
Isida is located in the fast growing area of Al-Ahyaa, which has been recently designated for extensive touristic development, with many hotels under construction.

It is located 15km north of the current border of Hurghada, with the luxury resort community of El Gouna, with its PGA Championship golf course and Abu Tig Marina located just 10km in the opposite direction.

Hurghada International Airport and the town's downtown area are both just 20 minutes away by taxi.

Locally, Isida benefits from an excellent location, just five minutes walk from the main public beach in the area. A new shopping mall, which will be the largest in the Hurghada area, anchored by a Carrefour hypermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.

Facilities & Benefits

Located just five minutes' walk from a public beach
Good location in the heart of the fast evolving Al Ahyaa area of Hurghada.
Large swimming pool on site with dedicated childrens' section
Gardens around the project
Communal roof terrace with seaviews
Centralized satellite television, telephone and internet links to all apartments
High speed internet to all apartments
Two elevators to all floors
24 hour security
Ten years' builders' guarantee
Low annual maintenance fee of just USD500 (GBP310/EUR355)

Completion

Construction on Isida started in early 2011. The development is scheduled for completion in February 2012.

Payment Schedule

Reservation fee of $1000 (GBP640/EUR670) refundable for 28 days.
40% deposit (less the reservation fee) due upon contract.
50% payable over 15 months in quarterly installments (i.e. 10% every three months)
10% upon completion
Clients who can pay 90% (less the reservation fee) upon contract can receive a 7% discount from the standard prices.