One Bath, One Bed Egyptian Apartment - Flat - Ref 642382
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Apartment/Flat Description
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Royal Beach Hurghada
Egypt is one of the very last few tourist destinations with affordable property in a location with 365 days of sun a year, magnificent beaches and of course, one of the most popular seas in the world for water activities. The Red Sea is synonymous with diving, snorkelling and wind surfing to name a few.
Hurghada is fast becoming the hotspot in Egypt with easy and affordable flights from most countries boasting a long coastline to not just Hurghada, but also the stunning and exclusive El Gouna and Royal beach is strategically placed in the middle of both locations. There have been a number of horror stories linked to property in Hurghada however a new UK company are entering the market with experience from other countries and the knowledge of how to do things correctly and keeping buyers safe. Link this to dealing with Rivermead Global Property with our outstanding customer service record and the most experienced European agents dealing with property in Egypt plus legal work carried out by a multi-national legal firm with offices in Cairo and the UK and you have a winning combination. At last you can buy in Egypt with confidence.
What most people do not realise is that the beachfront is allocated to the Hotels occupying the frontline and provided with their own section of private beach. This means that public beach space is sparse. All the main Hotels featured including the Marriott, Hilton, Steigenberger etc. on the beachfront run at 90%+ occupancy year round.
Royal Beach- Hurghada offers you the same quality, more facilities, a private beach and freehold property to purchase. This is one of only two freehold resorts under active construction that can truly call themselves beachfront. It is not hard to see how popular this will be when completed.
It is quite simple in Hurghada: if you are NOT Beachfront , all rentals and re-sale opportunities will be diminished. A simple case of too much supply and too little demand. With only a handful of freehold properties available on the beachfront, you have very little supply and a massive demand. When it comes to investment, it is all about location, location, location, especially for rentals and exit strategies. Royal Beach with it’s location on the beach and situated between Hurghada and El Gouna, you know it doesn’t come any better than that.
If you were visiting Hurghada (or Egypt) as a tourist, you would want to stay on the beachfront in accommodation with a private beach opposed to being surrounded by third line buildings with no access to your own beach – this goes without saying to the person looking to purchase or the investor looking to invest.
Situated strategically between the energetic Hurghada and the exclusive El Gouna, you have the perfect location to discover both areas with a complimentary shuttle bus. Imagine playing 18 holes of championship golf by day in El Gouna on a Freddy Couples designed golf course and relaxing with a fine meal and a few drinks on the Marina in Hurghada by night. That is if you can pull yourself away from the 4,500m2 beach, the diving school, the pool and beach bar and the 6 international restaurants on the Royal Beach resort!
1 bedroomed apartments from 52,440 Euros.
With all due diligence being carried out by a multi-national law firm with offices in Cairo and the UK, then a further independent multi-national law firm with offices in Cairo and the UK being offered for the purchase contracts it is easy to see how different this sounds to previous developments. With a completion date of March 2012, construction is well under way and on course. We also have an optional rental guarantee in place over 5 years for those looking for limited use.
All this is available from just €52,440 for your own piece of paradise, now made even easier with a fantastic new offer on this amazing development:
7 year payment plan and you STILL get the rental guarantee and only 7.9% premium (interest rate), example without interest added:
1 Bedroom Apartment at €52,440
Reservation fee €3,000
40% on contract minus €3,000 (reservation) €17,976
28 quarterly payments of €1,473
Or broken down as:
84 monthly payments of only €491
However as you still receive your rental guarantee you will receive back
Year 1 €2,620
Year 2 €2,884.20
Year 3 €3,146.40
Year 4 €3,670.80
Year 5 €4,195.20
Just what the market has been waiting for.
Quite simply, Royal Beach-Hurghada will be the premier 5* resort on the Red Sea Coast and a truly rare opportunity for a buyer to purchase freehold property for themselves. Please contact for more information, this is the new era for property purchase in Egypt.
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€54,503 | £45,600 | US$72,424 (Currency and Foreign Exchange services supplied by )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
Find out more >>
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Property Characteristics
- Pool: Two
- Views: Sea, Pool, Beach
- Distance to Beach: Beach Front
- Distance to Shops: On site
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 |
| 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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