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

View from all floors at the front of Hurghada Dreams, All apartments have sea or pool views, Large public beach right in front of the development, High quality building and European style finishing, Commercial units including Abu Ashra Market, Panoramic sea view coffee shop/restaurant, Rental and maintenance service, Swimming pool, Rooftop Cafe

Hurghada Dreams is a brand new gated development of hotel-style apartments (one and two bedrooms), commercial units and extensive facilities.

The project is located centrally in Hurghada in a strategic location between downtown and newtown . Across the road from Hurghada Dreams is the best open public beach in the area meaning you do not have to walk to find a beach and also you get fantastic sea views from most apartments on Hurghada Dreams.

This project presents a unique opportunity to invest in Egypt's rapidly emerging property market. No other project this close to the centre can offer sea views and beach access with extensive facilities on a large project at these prices. Owners should see a strong capital growth and an excellent long and short term rental income throughout the year.

Purchasers of one-bedroom apartments in this development will benefit from receiving free kitchen units plus bedroom and living room furniture and will be able to opt in to a guaranteed rental programme offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.

Location

Hurghada Dreams is located in the Al Arabia area of Hurghada. This is a strategic location as access to the main centre of Hurghada, Sakkala and the Sheraton Road is only five minutes away. Sheraton Road is home to most of the bars, restaurants, shops and nightclubs including the Ministry of Sound and its sister club, HedKandi.

In the other direction is downtown known as Dahar where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only also only fifteen minutes away by car.

However, what really makes Hurghada Dreams special is its proximity to the public beach. The project lies in front of a large and well maintained public beach meaning the project has fantastic sea views (even from the ground floor). Also, being right across the road from the public beach means that there is no danger of more buildings coming in future and blocking the sea view, which is a concern for most developments in Hurghada.

Facilities and Benefits

View from all floors at the front of Hurghada Dreams
All apartments have sea or pool views
Large public beach right in front of the development
High quality building and European style finishing
Commercial units including Abu Ashra Market
Panoramic sea view coffee shop/restaurant
Rental and maintenance service
Swimming pool
Rooftop Cafe
Health club
Supermarket
Pharmacy
Lifts to all floors
24 hour security
Pre-installation for telephone and internet lines
Landscaped gardens
On site management service
Discount card to upmarket stores in the area
Low annual maintenance fee of just GBP460 per year

Finishing

Polished ceramic tiles
Tiling in bathrooms
Stone skirting throughout
Windows with aluminium surround and doors with wood finish
Electrical installation
Pre-installation for digital TV, telephone sockets, television and Internet
Fitted kitchen with stainless steel sinks and granite worktops
Bathroom sanitary fittings in (toilet, sinks and bath/shower) with mixer taps
One-bedroom apartment purchasers receive free kitchen units plus bedroom and living room furniture

Payment Schedule

GBP2300 reservation fee
35% Upon signing contract (payable within 28 days of the reservation)
15% Six weeks after signing contract
25% Eight months after signing contract
25% Upon completion (less the GBP2300 reservation fee)