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1 Bathroom Egyptian Apartment - Ref 642553

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Apartment/Flat Description

For those who were left disappointed missing out on the first phase of apartments on this superb development we have today released a further tranche of apartment starting from just £7,600!!

Tiba Towers 2 is one of the best value developments that we have ever featured and so we are expecting very big things of it.

The combination of small unit sizes, a low price/m2 and a generous payment scheme makes this development affordable to most people who have started to take an interest in overseas property, as it is possible to purchase with just £3,040 down followed by monthly payments of around £143 for a period of 24 months.

Tiba Towers 2 is rare in that it is possible for clients to get the keys before they have finished paying all of the installments.

We have checked the developer of this project very carefully and have no reservations that this project might fall into financial problems as he is cash rich following being paid off from his involvement in one of Hurghada's largest developers. He has recently finished Tiba Towers 1 in the centre of Hurghada and has demonstrated a very high level of finishing for his projects that can be shown to clients.

Even before the project was officially launched, one third of this development was sold out through word of mouth alone - another sign as to what an excellent deal this is for buyers on a limited budget.

Close to Hurghada Centre and Marina, 300 metres from beach....

Although the green buds of recovery are well in evidence, many clients are still seeking the Holy Grail, the one property which meets all of their expectations at an affordable price. Well this is it! Tiba Towers 2 ticks all of the boxes. One bedroom apartments for under 13,000 GBP! Two beds from under 21,000 GBP!

Full Due Diligence in place, building license already granted, completion in 18 months.

What are you waiting for? More than 50% sold in just two weeks!
• 300 metres from the beach
• Seaviews from upper levels
• Excellent location in the New Hurghada (Al Ahyaa)
• Communal swimming pool
• Landscaped gardens
• Central satelite TV and telephone to all units
• Lifts to all floors
• 24 hour security
• Full maintenance & repair service
• Ten years builders guarantee
• Annual maintenance fees from just 240 GBP per annum
• Communal roof terraces with spectacular views
• Rental returns of 12% per annum or more
• Capital growth of 15 - 20% per annum
• Close to new Hurghada Stadium and International Village
• From just £3,040 deposit and then £143 per month for 24 months
• Move in on completion and continue paying after!

ROCK SOLID DEVELOPER NO DEBT ON LAND

BUILDING WITH OWN MONEY HIGH STANDARD OF FINISHING

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€9,084  |  £7,600  |  US$12,071
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 642553 
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Apartment
Bathrooms
Category New Build 
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 Azure Overseas Property Limited
Listing Since 29 November 2008
Property Listings View all properties from this agent
Azure Overseas Property Limited Logo

Towns located close to Hurghada, Egypt

  • Sahl Hasheesh   • Ocean Breeze
  • Makadi Bay


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Price: £7,600

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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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