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1 Bedroom Apartment - Hurghada | Muhafazat Al Bahr Al Ahmar - Ref 1265713

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Apartment/Flat Description

Diamond Residence is a great buy for any buyer with limited funds who is looking for a good medium to longterm development, but who is a little wary of buying completely offplan and wants to see what they are getting for their money.

Located in the fast-developing Al-Ahyaa area between downtown Hurghada and El Gouna, Diamond Residence is getting close to completion now, meaning that there is no supplement to pay for the development being completed, yet there is little risk as 95% of the construction is already in place.

The development occupies an enviable location in Al-Ahyaa, just 100m from the entrance to the local public beach. It is also less than 5 minutes' walk from the planned new shopping mall in the area.

Although Diamond Residence is a small development, it still has a good range of facilities, including two swimming pools.

The most interesting point about the project though are the prices, which are perfect for anyone looking for affordable property, with one-bedroom apartments from under GBP21,000/EUR24,000 and two-bedroom apartments from under GBP27,000/EUR31,000.

Facilities & Benefits

* Located just 100m from a public beach
* Seaviews from some apartments
* Good location in the heart of the fast evolving Al Ahyaa area of Hurghada.
* Two swimming pools on site
* Gardens around the project
* Centralized satellite television, telephone and internet links to all apartments
* High speed internet to all apartments
* Elevators to all floors
* 24 hour security
* Ten years' builders' guarantee
* Annual maintenance fee of GBP450

Price quoted is for a 1 bed apartment. Details of other apartments are available upon request.

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Approximate price of this 1-Bed Apartment
€25,994 EUR | 
£20,803 GBP | 
US$32,612 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1265713 
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Apartment
Bedrooms
Category Off plan 
Listed 141 days ago
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Map of Hurghada, Muhafazat al Bahr al Ahmar, Egypt


Real Estate Agent Listing this Property

Agent Azure Overseas Property Limited
Listing Since 29 November 2008
Property Listings View all properties from this agent
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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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