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House / Home - Hurghada | Muhafazat Al Bahr Al Ahmar | Egypt - Ref 590548

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House/Villa Description

Studio Apartments available from only £17,000.Located close to the Hurghada coastline these apartments are excellent for holiday home and investment purposes.
The Pyramids Beach development is on track to become one of the most impressive sought after locations in Hurghada offering secure, luxury living and first-class surroundings that are second to none.
Pyramids Beach consists of 570 properties built in 2 phases with a selection of studio, 1, 2 and 3 bed roomed apartments all completed to European finish.
With an estimated capital growth in this area of around 25% per annum and with prices starting from only £17,800 it makes Pyramid Beach the ideal investment property.
Situated in the Al-Ahyaa district. Opposite the El Nour public beach.
Itâ??s this location that means that most apartments will have clear sea views.
The clear blue waters of the Red Sea are there for you to enjoy. Swimming, kite surfing, snorkeling, diving, sailing all here to experience all year round.
A 40,000m2 shopping mall is planned just 250m from the development. Many other entertainment and dining options will be emerge as the area rapidly expands.
· 570 individual units constructed in two phases.
· Great range of apartment sizes.
· Studios, one, two, and large three-bedroom apartments, all completed to European standards.
Facilities
ø Sea views from most apartments
ø Two large swimming pools including dedicated children's section and on-duty lifeguard
ø Landscaped tropical gardens
ø Large communal roof terrace with dedicated BBQ areas
ø 10 year construction warranty
ø Elevators to all floors
ø Children's play area
ø Fully equipped gymnasium and health suite
ø Restaurants offering a variety of cuisines plus pool bar
ø Cafe bar with Internet business area
ø Minimarket and pharmacy on-site
ø Satellite TV, telephone and internet points to all properties
ø Laundry service which also offers rental changeovers
ø Free shuttle bus to the town, golf and beaches
ø Taxi service including airport collections and returns
ø Sightseeing tour operator
ø Key handling rental management service
ø Full post service maintenance and repair service
ø Manned 24-hour gated security
Annual maintenance fee of GBP500 for a studio, GBP550 for a one-bed, GBP600 for a two-bed or GBP650 for a three-bed
Prices
Type
m2
GBP
EUR
USD
Studio - Min
31
17733
22379
31742
Studio - Max
53
30705
38750
54962
1 Bed - Min
72
37800
47704
67662
1 Bed - Max
77
46368
58516
82999
2 Bed - Min
104
57420
72464
102782
2 Bed - Max
108
64800
81778
115992
3 Bed - Min
123
67815
85583
121389
3 Bed - Max
123
73980
93363
132424
Payments are due in GBP. The prices in other currencies are for illustration purposes only. Exchange rates fluctuate.
Finishing
ø Polished ceramic tiles throughout
ø Tiling in bathrooms and kitchens
ø Windows and doors installed throughout
ø Rendered walls painted
ø Electrical installation with power points and light switches
ø Pre-installation for digital TV and sockets for telephone, television and data lines
ø Fitted base units, stainless steel sink with mixer taps and worktop in kitchen area
ø White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer taps
ø Fitted wardrobes
Phase One of Pyramids Beach is due for completion by winter 2009
Completion of Phase Two is scheduled for winter 2010
Payment Plan
· 10% reservation fee
· 40% upon signature of contract
· 25% six months followin

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€20,319  |  £17,000  |  US$27,000
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 590548 
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type House / Home
Category Re-Sale  
Listed over 1 year ago
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Map of Hurghada, Muhafazat al Bahr al Ahmar, Egypt


Real Estate Agent Listing this Property

Agent Knight Knox International
Listing Since 14 August 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
Apartment/Flat 1 1 430,000 1,450,000 37,327 39,950
House/Villa 68,000 42,000 1,600,000 1,600,000 480,000 470,000
Townhouse 74,407 74,407 285,000 376,970 153,307 153,307
Business 9,130 9,130 18,223 18,223 - -
Other 7,095 7,095 63,400 63,400 27,900 49,800
Studio 6,260 6,260 89,900 103,000 20,903 20,903
Hotel Room 55,700 55,700 55,700 55,700 - -

* Calculations based on 483 properties for sale in Hurghada and 921 properties for sale in Egypt





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