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Pyramids Beach

New-development, Off Plan Investments

Apartment

Hurghada, Hurgada, Egypt

Price:

Bedrooms:

Bathrooms:

Unit size:

Ref:

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Description

The Pyramids Beach Resort is set to become one of the most impressive, sought after locations in an area offering secure, luxury living and first-class surroundings that are second to none.

Consisting of two phases and a selection of studio, 1, 2 and 3 bedroom apartments all completed to European finish, prices start from only £17,800. Nestled in an outstanding area of outstanding opulence, the Pyramids Beach Residence is directly across from a Public beach.

Location

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.

Investor View

The impressive location, facilities and investment options on the Pyramids Beach Resort makes it an ideal choice for those wishing to either live, holiday or invest in one of the leading emerging markets around the world.

Investment return projection

20% growth per annum

Property features / Development facilities

Restaurants
BBQ Area
Outdoor Pools
Gymnasium
24 hour security
18 hole golf course to be built in vicinity
Pharmacy
Bars
Café
Internet and wireless
Satellite and cable TV
Children's playground

Payment terms / Estimated completion

10% reservation fee (refundable before exchange of contract)
40% at contract exchange
25% interim payment (6 months approx)
25% completion (phase I Dec 2009 and phase 2 completes Q4 2010)

Estimated completion: December 2009
Bank guarantee / construction guarantee:
Building license:

Total units & property prices

Number of Units:

0 bedroom Studio: 22,400€ - 36,700€
1 bedroom Apartment: 47,600€ - 58,400€
2 bedroom Apartment: 72,250€ - 81,530€
3 bedroom Apartment: 85,330€ - 93,100€

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4th February 2012