Palma Beach Resort

Once a remote sleepy fishing and oil extraction village, Hurghada has become during the past years one of the most vibrant, lively and busy beachside resort towns of the Red Sea Riviera. Merging the old with the new, Hurghada boasts some of the finest hotel chains in Sekala and the tourist district south of it, and the sights, smells and sounds of El-Dahar, a lively hub of everyday Egyptian life, making it one of the Red Sea Riviera destinations with the strongest local flavour. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, but, above all, snorkeling and diving.

The capital growth potential here is huge as are the rental returns - approximately 8.5 - 9 MILLION tourists visit Egypt each year, about 1 Million being from the UK. Hence the rental market on the Red Sea area of Hurghada is huge and continues growing

Pool Bars
Restaurants
Beach Club
Games Room
Reception
Outdoor Pools
Heated Pool
24 hour security
Marina
Private Beach
Unlimited watersports
Private Parking
Children's pool
Children's club
Underground parking lot
Concierge
Elegant lobby
Satellite and cable TV
Internet and wireless
Private Garden
On site diving center
A la carte restaurant

Payment plan (A)
£1,000 reservation fee
35% at exchange of contract
35% due in 5-9 months, depending on apartment block
30% on completion

Payment plan (B)
50% on exchange
50% on completion which will include legal fees paid by the developer.
Estimated completion: 2009
Bank guarantee / construction guarantee:
Building license:

Number of Units:

0 bedroom Studio: 38,872€ - 38,872€