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Affordable Egyptian Apartment - Flat Available - Ref 845730

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Apartment/Flat Description

Features
Tiba Palace is the third one sister in “TIBA” family of resorts development to the incredibly successful Tiba Tower2&Tiba Heights, which is located just a 60m from Tiba Towers 2 project.
Tiba Palace is located in the fast growing area of Al-Ahyaa, which has been recently designated for extensive touristic development, with many hotels under construction. If you missed out on a studio in the previous developments Tiba Towers 2 or Tiba Heights, then now is your chance!
Tiba Palace is the latest addition to the highly successful “Tiba” family of resorts. It is a stunning four floor building with quality facilities. Apartment types range from the very cheapest Studios, to 1 Bedroom and 2 Bedroom apartments. Starting with studios priced at 6015 GBP / 7095 EURO, through one-bedroom apartments from 10047 GBP / 11676 EURO there are also two-bedroom apartments here from 19186 GBP / 22297 EURO you can choose from Swimming Pool Terrace locations to higher level apartments with beautiful circular balconies.
Tiba Palace is characterized by its unique location in the heart of the El Gwhara division as the distinction comes from located on four streets allows each apartment to see the sunlight that you can choose from among the internal view of the swimming pool or exterior as Each of them are special
Location
Tiba Palace 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, Tiba Palace benefits from an excellent location, just seven 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 supermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.
Facilities & Benefits
- Located just seven 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
- 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
- Low annual maintenance fee of just LE2000 (GBP240/EUR270
Price:-
Type SQM EGP USD EUR GBP
Studio Min 21 52.500 9.545 7.095 6.105
Studio Max 29 72.500 13.182 9.797 8.430
1 Bed Min 36 86.400 15.709 11.676 10.047
1 Bed Max 46 96.600 17.564 13.054 11.233
2 Bed Min 66 165.000 30.000 22.297 19.186
2 Bed Max 68 163200 29673 22054 18977
Payment Schedule:-
- Reservation fee of LE5000 (GBP600/EUR670) refundable for 28 days.
- 40% deposit (less the reservation fee) due upon contract.
-45% payable in monthly or quarterly instalments Last Instalment 31/8/2012
- 15% upon completion
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.

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Approximate price of this 0-Bed Apartment/Flat
€7,516 EUR | 
£6,015 GBP | 
US$9,429 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 845730 
Town Hurghada 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Apartment/Flat
Bathrooms
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 Azure Overseas Property Limited
Listing Since 29 November 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
Business 18,223 18,223 18,223 18,223 - -
Hotel Room 55,700 55,700 55,700 55,700 - -
Apartment/Flat 1 1 430,000 1,450,000 37,327 39,950
Other 7,095 7,095 63,400 63,400 27,900 49,800
Townhouse 74,407 74,407 285,000 376,970 153,307 153,307
Studio 6,086 6,086 100,000 103,000 20,903 20,903
Penthouse 95,454 22,000 95,454 128,947 - -
House/Villa 68,000 42,000 1,600,000 1,600,000 480,000 470,000

* Calculations based on 457 properties for sale in Hurghada and 778 properties for sale in Egypt




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