Apartment Available in Hurghada > Muhafazat Al Bahr Al Ahmar > Egypt
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Apartment/Flat Description
It's been a long wait, but we are pleased to say that the fifth development in the incredibly popular Tiba series has now been released in the form of Tiba Star.
Located imediately adjacent to Tiba Towers 2, Tiba Star shares all of the advantages of its sister projects and also benefits from a larger pool.
Realizing that the strongest demand is for the cheapest studios, Tiba Star is comprised mostly of the smallest possible units. This is great, but the development has been such a long time coming that there are now only a few one-bedroom apartments available in Tiba Garden and Tiba Palace, so these are likely to run out soon if your clients aren't quick to buy.
Anyone who has looked through Hurghada's options for affordable, best value developments is sure to quickly come across the Tiba developments in El-Ahyaa - Tiba Towers 2, Tiba Heights, Tiba Palace and Tiba Garden. These four developments completely changed the market in Hurghada, as they offered almost unbeatable value-for-money in terms of all of the faclities that holidaymakers require only a few minutes from a public beach at prices that have not been seen since 2007.
These developments have been so successful that they have been selling very fast, leading to some disappointment among some buyers who missed out on the best of the units from the last Tiba project to be launched - Tiba Garden in December 2010.
As a result, we are glad to announce the launch of the latest Tiba project in the form of Tiba Star.
Tiba Star offers all of the advantages and benefits that buyers of the Tiba brand have come to expect. Located right next to Tiba Towers 2, Tiba Star is also less than five minutes' stroll from the public beach and also benefits from the largest pool of any of the Tiba projects.
Most importantly, Tiba Star shares the same unbeatable prices as its sister projects, with studio apartments starting from as little as GBP6570/EUR10,356. Buyers looking at larger apartments can also choose from one-bedroom units from GBP10,753/EUR16,950 or two-bedroom apartments from GBP23,226/EUR36,611.
Not only does the Tiba brand offer great value for money, but it also offers great reassurance for those nervous of buying offplan property. Tiba Towers 2 is already nearing completion and the other three projects are also on or ahead of, schedule.
So don't miss out, reserve quickly in order to make sure that you grab one of the best located apartments on the development today.
Facilities & Benefits
* Located just five minutes' walk from a public beach
* Good location in the heart of the fast evolving Al Ahyaa area of Hurghada.
* 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 sea views, pergolas and sunloungers
* Elevators to all floors
* 24 hour security
* Ten years' builders' guarantee
* Low annual maintenance fee of just LE2000 (GBP220/EUR250)
Tiba Star
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
* Stainless steel sink with mixer taps in kitchen area
* White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer taps
* Pre-installation for air conditioning.
Completion
Construction on Tiba Star will start in May 2011. The development is scheduled for completion on 31 December 2012.
Payment Schedule
* Reservation fee of LE5000 (GBP600/EUR670) refundable for 28 days.
* 40% deposit (less the reservation fee) due upon contract.
* 45% payable until 31 December 2012 in quarterly installments
* 15% upon completion
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Approximate price of this 0-Bed Apartment
€8,209 EUR |
£6,570 GBP |
US$10,300 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment |
| 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
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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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Looking to buy property in Hurghada, Muhafazat al Bahr al Ahmar, Egypt?
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