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One Bed and One Bath Egyptian Apartment - Flat Available - Ref 786828

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Apartment/Flat Description

We thought when we launched Tiba Heights a short while ago that we had found the best value for money developments in Hurghada.

But we were wrong.

Isida beats them both.

Isida is located just a stone's throw from Tiba Towers 2, situated a little bit closer to the beach and Isida has a larger pool and garden area than Tiba Towers 2 and Tiba Heights. But most importantly, Isida is cheaper than both of these developments by 10%, at a price of only LE2000 per m2.

This means that studios at Isida start at just GBP7,317/EUR8,906, with one-bedroom units starting at GBP11,829/EUR14,058 and two-bedroom apartments from GBP17,561/EUR20,871.

If you are interested in buying at these low prices though, you are going to have to move quite fast as these prices are discounted pre-release prices which are only going to be available until 30 August 2010, after which time the prices will be going up fast. If Isida sells as phenomenally fast as both Tiba Towers 2 and Tiba Heights did - and there's definitely no reason why it won't - then it's unlikely that there will be much left remaining in the development by that time anyway.

So hurry up and reserve your unit today in order to avoid disappointment.

Location
Isida is located in the fast growing area of Al-Ahyaa, which has been recently designated for extensive touristic development, with many hotels under construction.

It is located 15km north of the current border of Hurghada, with the luxury resort community of El Gouna, with its PGA Championship golf course and Abu Tig Marina located just 10km in the opposite direction.

Hurghada International Airport and the town's downtown area are both just 20 minutes away by taxi.

Locally, Isida benefits from an excellent location, just five minutes walk from the main public beach in the area. A new shopping mall, which will be the largest in the Hurghada area, anchored by a Carrefour hypermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.

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.
Large swimming pool on site with dedicated childrens' section
Gardens around the project
Communal roof terrace with seaviews
Centralized satellite television, telephone and internet links to all apartments
High speed internet to all apartments
Two elevators to all floors
24 hour security
Ten years' builders' guarantee
Low annual maintenance fee of just LE2500 (GBP280/EUR340)

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.

Payment Schedule


Reservation fee of $1000 (GBP640/EUR670) refundable for 28 days.
40% deposit (less the reservation fee) due upon contract.
50% payable over 15 months in quarterly installments (i.e. 10% every three months)
10% upon completion in Feb 2012

Clients who can pay 90% (less the reservation fee) upon contract can receive a 7% discount from the standard prices.

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€14,139  |  £11,829  |  US$18,787
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 786828 
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Apartment/Flat
Bathrooms
Bedrooms
Category Off plan 
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 International Dreams Ltd
Listing Since 06 June 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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