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One Bath Flat in El Ahyaa | Egypt

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Apartment/Flat Description

Overview Tiba Paradise is the sixth development in the incredibly successful Tiba series of projects in the fast-growing Al-Ahyaa area of Hurghada and is eagerly awaited by thosewho missed out on getting their perfect apartment when the developers last project, Tiba Star, was launched in May 2011 - and promptly sold out during the course of the next few weeks.

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

Home Features
Balcony
Cable/Satellite TV
Wheelchair Access

Community Features
Association Fee
Controlled Access
Pool

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Approximate price of this 0-Bed Flat
€6,913 EUR | 
£5,532 GBP | 
US$8,673 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1243168 
Area El Ahyaa
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Flat
Bathrooms
Build Size 22.00 
Category Re-Sale  
Listed 174 days ago
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Map of Hurghada, Muhafazat al Bahr al Ahmar, Egypt


Real Estate Agent Listing this Property

Agent Egypt Properties
Listing Since 10 November 2011
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Price: €6,913
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Price of Property in Hurghada, Egypt

Property Type Min Price Max Price Median Price
(All prices in EUR) Hurghada Egypt Hurghada Egypt Hurghada Egypt
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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