Apartment on Offer in Hurghada, Muhafazat Al Bahr Al Ahmar, Egypt

€22,643 | £20,803 | US$33,217
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GBP 20,803 for an apartment in Hurghada (Muhafazat Al Bahr Al Ahmar), Egypt.


Ref	625779
Town	Hurghada
Region	Muhafazat Al Bahr Al Ahmar
Type	Apartment/Flat
Bedrooms	1
Category	Re-Sale
Listed	50 days ago

Commercial land with "Preferred Resale Program" offering 41% guaranteed ROI Find out more >>

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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Towns located close to Hurghada, Egypt

• Sahl Hasheesh	• Port El Ghalib
• Makadi Bay

More Information

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Real Estate Agent

Property listed by Azure Overseas Property Limited

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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	8,364	8,364	338,000	1,079,724	37,327	39,950
House/Villa	17,000	17,000	497,175	1,056,300	480,000	470,000
Townhouse	121,641	121,641	121,641	376,970	153,307	153,307
Studio	16,000	16,000	89,900	103,000	20,903	20,903
* Calculations based on 229 properties for sale in Hurghada and 349 properties for sale in Egypt

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