coast / for sale

Overview:
Hurghada Dreams is a brand new gated development of hotel-style apartments (one & two bedrooms), commercial units and extensive facilities. The project is located centrally in Hurghada in a strategic location between downtown and newtown . Across the road from Hurghada Dreams is the best open public beach in the area meaning you do not have to walk to find a beach and also you get fantastic sea views from most apartments on Hurghada Dreams.
This project presents a unique opportunity to invest in Egypt's rapidly emerging property market. No other project this close to the centre can offer sea views & beach access with extensive facilities on a large project at these prices. Owners should see a strong capital growth and an excellent long and short term rental income throughout the year.
Purchasers of one-bedroom apartments in this development will benefit from receiving free kitchen units plus bedroom and living room furniture and will be able to opt in to a guaranteed rental programme offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.

Location:
Hurghada Dreams is located in the Al Arabia area of Hurghada. This is a strategic location as access to the main centre of Hurghada, Sakkala and the Sheraton Road is only five minutes away. Sheraton Road is home to most of the bars, restaurants, shops and nightclubs including the Ministry of Sound and its sister club, HedKandi.
In the other direction is downtown known as Dahar where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only also only fifteen minutes away by car.
However, what really makes Hurghada Dreams special is its proximity to the public beach. The project lies in front of a large and well maintained public beach meaning the project has fantastic sea views (even from the ground floor). Also, being right across the road from the public beach means that there is no danger of more buildings coming in future and blocking the sea view, which is a concern for most developments in Hurghada.

Facilities & Benefits:
• All apartments have sea or pool views
• Large public beach right in front of the development
• High quality building and European style finishing
• Commercial units including Abu Ashra Market
• Panoramic sea view coffee shop/restaurant
• Rental & maintenance service
• Swimming pool
• Rooftop Cafe
• Health club
• Supermarket
• Pharmacy
• Lifts to all floors
• 24 hour security
• Pre-installation for telephone and internet lines
• Landscaped gardens
• On site management service
• Discount card to upmarket stores in the area
• Low annual maintenance fee of just GBP460 per year

Prices:

Purchasers of one-bedroom apartments in this development will benefit from receiving free kitchen units plus bedroom and living room furniture and will be able to opt in to a guaranteed rental programme offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.
Payments for this development are payable in GBP. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates. See below to calculate actual prices at today's exchange rates.

Finishing:
• Polished ceramic tiles
• Tiling in bathrooms
• Stone skirting throughout
• Windows with aluminium surround and doors with wood finish
• Electrical installation
• Pre-installation for digital TV, telephone sockets, television and Internet
• Fitted kitchen with stainless steel sinks and granite worktops
• Bathroom sanitary fittings in (toilet, sinks and bath/shower) with mixer taps
• One-bedroom apartment purchasers receive free kitchen units plus bedroom and living room furniture

Completion:
Construction on Hurghada Dreams is well underway, with much of the exterior already complete. The opening of the development is scheduled for March 2009.

Payment Schedule:
GBP2300 reservation fee
35% Upon signing contract (payable within 28 days of the reservation)
15% Six weeks after signing contract
25% Eight months after signing contract
25% Upon completion (less the GBP2300 reservation fee)

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Global Real Estates limited endeavours to ensure that information appearing on this site is correct at the time of collation, but accepts no responsibility for any mistakes, inaccuracies or mis-descriptions, whether by inclusion or omission or otherwise. Prices, details and features shown are subject to change without notice, and Global Real Estate Limited accepts no responsibility for any such change.