Egyptian Apartment - Flat on Sale in Muhafazat Al Bahr Al Ahmar - Egypt
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Apartment/Flat Description
STUDIO, 1 AND 2 BEDROOM APARTMENTS Prices From 7,452 / £ 6,570 OUTSTANDING VALUE FOR MONEY APARTMENTS STARTING FROM ONLY £6,570 / 7,452 WITH PAYMENT PLAN OVER THE REMAINING PERIOD OF CONSTRUCTION !!
Colossal Property Investments are proud to present the outstanding value for money TIBA RSORTS DEVELOPMENTS being offered by our partners in Hurghada, Egypt. Our partners - the developers, have successfully delivered hundreds of homes to investors on schedule and in accordance to original specifications, a company who has gained an excellent reputation as a most trustworthy construction company in Hurghada. We have 5 projects currently under construction and 1 already completed:- TIBA TOWER 1 - Already completed with only 2 units remaining (located in the centre of Hurghada) TIBA TOWERS 2 - Completion scheduled August 2011 TIBA HEIGHTS - Completion scheduled February 2012 TIBA PALACE - Completion scheduled June 2012 TIBA GARDENS - Completion scheduled September 2012 TIBA STAR - (latest development) Completion scheduled December 2012
THE LOCATION:
Tiba Towers 2, Tiba Heights, Tiba Palace, Tiba Gardens and Tiba Star are all 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 it΄s PGA Champoinship golf course and Abu Tig Marina located just 10km in the opposite direction. Hurghada International Airport and the towns downtown area are both just 20 minutes away by taxi. Locally, the developments benefit from an excellent location, just 5 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 500 meters away, together with many other planned tourist attractions including a sound and light show.
THE DEVELOPMENTS AND PRICES:
TIBA STAR: 63 apartments over 6 floors and featuring 2 shops on-site. Tiba Star is the latest and 5th sister in TIBAS family of resorts development and is located just beside Tiba Tower 2. Apartment types range from the very cheapest studios to 1 and 2 bedroom apartments. You can choose from either pool view or exterior view apartments. Studio apartment - price from £6,570 / 7,452 1 bedroom apartment - price from £10,753 / 12,196 2 bedroom apartment - price from £23,226 / 26,342
TIBA GARDENS: 88 apartments over 6 floors with 2 on-site shops. Tiba Gardens is the 4th sister in the TIBA family of resort developments and is located just infront of Tiba Tower 2. The studio apartments are already sold out but there is still availability for 1 and 2 bedroom apartments. 1 bedroom apartment - price from £9,772 / 11,621 2 bedroom apartments - price from £18,495 / 21,993
TIBA PALACE: 102 apartments over 6 floors ranging from studio, 1 and 2 bedrooms. Tiba Palace is the 3rd sister in the TIBA family of resort developments. Studio apartments - price from £6,754 / 7,849 1 bedroom apartment - price from £10,774 / 12,486 2 bedroom apartments - price from £20,875 / 24,259
TIBA HEIGHTS: 84 apartments over 6 floors with 5 shops on-site. Tiba Heights is the 2nd sister in the TIBA family of resort developments. Studio apartments - price from £8,536 / 9,859 1 bedroom apartment - price from £12,926 / 14,929 2 bedroom apartments - price from £20,243 / 23,380 TIBA TOWERS 2: Apartments over 6 floors with 5 on-site shops. Tiba Towers 2 is the sister project to Tiba Towers 1. 1 bedroom apartment - sold out 2 bedroom apartments - price from £20,700 TIBA TOWERS 1: Ready apartments in the very centre of Hurghada infront of the Roma Hotel located on Sheraton Street, where there is a big choice of shops, restaurants and cafes all within walking distance. There are also several public beaches within 50 metres from the building. We only have a couple of 2 bedroom apartments with fitted kitchens remaining in this building. Ideal for anyone wanting a key ready apartment in the centre of Hurghada within walking distance to everything. 2 bedroom apartment - price from £35,000
FEATURES AND FACILITIES:
All developments located within walking distance to beaches All developments with swimming pool on site Centralised satellite TV, telephone and internet links to all apartments High speed internet to all apartments Elevators to all floors 24 hours security 10 year builders guarantee Low annual maintenance fee of just £240 GBP / 270 EUR (except Tiba Tower 1 £360 GBP / 430 EUR) PAYMENT SCHEDULE: Reservation fee of LE 5000 / GBP 600 / EUR 670 refundable for 28 days 40% deposit (less reservation fee) due upon contract 45% payable in monthly or quarterly installments 15% upon completion The above is not applicable for Tiba Towers 1 as this is already completed, therefore the full price is payable on signing the purchase contract
LAWYER AND LEGAL FEES:
We will introduce you to a well known and respected lawyer in Hurghada who has dealt with hundreds of foreign purchasers and who will ensure the safe and legal transaction of your property purchase: Legal services costs = GBP 750 Property registration/court validity suite = GBP 500 Broker administration = GBP 500 KEY POINTS: Well known and trusted construction company who delivers on schedule Properties to suit even the smallest budgets from only GBP 6,570 / EUR 7,452 Payment plans over construction period Within short walk to beach Easy access to Hurghada centre and El Gouna. Airport only 15 mins by car New shopping mall and Carrefour being built 500 meters from resorts
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Approximate price of this 1-Bed Apartment/Flat
€7,605 EUR |
£6,086 GBP |
US$9,541 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Category |
New Build |
| Listed |
over 6 months ago |
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Property Characteristics
- Setting: Close To Marina
- Setting: Close To Sea
- Setting: Town
- Pool: COMMUNAL POOL
- Distance to Beach: 400 METRES
Map of Hurghada, Muhafazat al Bahr al Ahmar, Egypt
Towns located close to Hurghada, Egypt
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Latest Property News in Egypt
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Price of Property in Hurghada, Egypt
| (All prices in EUR) |
Hurghada |
Hurghada |
Hurghada |
| Business |
18,223 |
18,223 |
18,223 |
18,223 |
- |
- |
| Hotel Room |
55,700 |
55,700 |
55,700 |
55,700 |
- |
- |
| Apartment/Flat |
1 |
1 |
430,000 |
1,450,000 |
37,327 |
39,950 |
| Other |
7,095 |
7,095 |
63,400 |
63,400 |
27,900 |
49,800 |
| Townhouse |
74,407 |
74,407 |
285,000 |
376,970 |
153,307 |
153,307 |
| Studio |
6,086 |
6,086 |
100,000 |
103,000 |
20,903 |
20,903 |
| Penthouse |
95,454 |
22,000 |
95,454 |
128,947 |
- |
- |
| House/Villa |
68,000 |
42,000 |
1,600,000 |
1,600,000 |
480,000 |
470,000 |
* Calculations based on 457 properties for sale in Hurghada and 778 properties for sale in Egypt |
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