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

Tiba projects are the perfect investment for anyone who is normally nervous about buying offplan. The developer's first project in the area, Tiba Towers 2, was completed ahead of schedule and all of the other Tiba projects are also steaming ahead. So visitors to Hurghada can see exactly what they are going to be getting when they purchase a Tiba apartment, which means that they can buy with complete confidence.

Tiba Paradise is the developer's biggest and best project to date, with the largest pool from any of the Tiba projects.. The development is located a short distance from the other Tiba projects, closer to the main High Street in the area, while still being just a short stroll from the public beach.

Studios in Tiba Paradise start at just GBP6,086/EUR6,913 - that's the cheapest price of any apartment we have ever offered in Hurghada. One-bedroom apartments start at just GBP9,130/EUR10,370 with two-bedroom apartments for GBP18,233/EUR20,709.

With prices this low, sales on Tiba Paradise are sure to be even faster than on any of the developer's former projects. On these projects, there have always been a lot of disappointed potential buyers who left it too long to make a decision, only to find out that all of the best units had gone already. So make sure that this does not happen to you and reserve your best-value apartment in Hurghada today.


Location
Tiba Paradise 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 15 minutes away by taxi.

Locally, Tiba Paradise benefits from an excellent location, less than ten minutes’ walk from the main public beach in the area, with the shops in the main high street just a couple of minutes away. A new shopping mall, which will be the largest in the Hurghada area, anchored by a hypermarket, is close to here, together with many other planned tourist attractions including a sound and light show.


Facilities & Benefits

Located just ten minutes' walk from a public beach
Good location in the heart of the fast evolving Al Ahyaa area of Hurghada close to shops
Largest swimming pool from all the Tiba projects
Gardens around the project
Centralized satellite television, telephone and internet links to all apartments
Communal roof terrace with, pergolas and sunloungers
Elevators to all floors
24 hour security
Ten years' builders' guarantee
Low annual maintenance fee of just LE2000 (GBP220/EUR250)


Finishing
Polished ceramic tiles throughout
Tiling in bathrooms and kitchens
Windows and doors installed throughout
Rendered walls painted
Electrical installation with power points and light switches
Pre-installation for digital TV and telephone sockets
White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer taps
Pre-installation for air conditioning.

Completion

Construction on Tiba Paradise was started in September 2011. The development is scheduled for completion on 30 April 2013.


Payment Schedule


Reservation fee of LE5000 (GBP600/EUR670) refundable for 28 days.
40% deposit (less the reservation fee) due upon contract.
45% payable until completion in quarterly installments
15% upon handover