5 Star Beach Front Development for Sale in Hurghada, Egypt
5 Star Beach Front Development with 6% Rental Guarantee
Khamsin Beach Resort is a luxury collection of waterside apartments located in the Arabia District of Hurghada just 10 minutes from the bustling tourist hotspot of Sheraton Road, Downtown Hurghada.
The project offers far-reaching views over the Red Sea towards Giftun Island
and is scheduled for completion by the end of May 2011.
During this pre-launch release pricing has been geared to offer earlybird buyers the lowest possible entry point:
Studio Apartment: from £20,000
1 Bed Apartment: from £30,000
2 Bed Apartment: from £48,000
3 Bed Apartment: from £110,189
Purchase Process:
Option 1
1000 USD to reserve
40% on exchange of contract
60% on developer finance over 8 years
The Arabia District lies close to Hurghada Port - the centre of the diving industry for the entire region. Khamsin Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beachfront location but due also to the resorts proximity to the city centre — The Heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily cross all real estate stock over the next 5-10 years. Saleability of this prime beachfront resort is extremely high, and the gains for pre-launch investors are truly exceptional. Prelaunch prices are certainly at or below ANY other project in the region, even when you do include the ‘dressed up’ discounts that proliferate some of these projects. As such, Khamsin is firmly at the top of the list of options for sensible investors.
Prices for similar projects are selling at £800+ m2 in Hurghada
(Samra Bay)
Low purchase costs and stage payments available
Strong exit strategy - highly desirable re-sale unit
Very strong re-sale potential prior to completion particularly for
early bird investors
Higher rental Return due to Rental Pool option and beach front
location
Price increase of 15% at end of pre-launch
All properties are freehold and complete in May 2011
No capital gains tax or inheritance tax
Prices start from £20,000
Location
If there is one thing you can rely upon with property investment it is location, location, location. The Khamsin Beach Resort is an ocean side collection of luxury apartments with its own private beach in the Arabia District, close to downtown Hurghada by the Red Sea, t in early!
This is the very first marketing activity for Khamsin Beach Resort and there are some incredible early-bird offers available for a limited period. The price structure presented in this pre-launch phase will be totally revised with a minimum increase of 15%.
Strong rental returns
The Project is scheduled for completion by May 2011, it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental pool program. The high local occupancy rates throughout the 12 month season, make this project of interest to any buy-to-let investors.
Solid capital appreciation
Hurghada is fast becoming the centre of operations for the Red Sea Tourist industry. Airport expansion and large scale regional development will see visitor numbers double over the next 10 years. Now is the time to buy beachfront to secure the greatest rental and capital returns tomorrow.
Consistent long term demand
The Red Sea Region is the ‘Costa Del Sol’ for middle eastern communities and this is the key driver to the rapid and continued development in the region as a whole. This resort will maintain a very high desirability factor for rental usage and eventual re-sale as part of any focused investment strategy.
Resort facilities include
Private beach
swimming pools
fitness centre
spa and beauty centre
Kids Beach Club
restaurants and beach Bars
Water sports centre including Diving School, kite and windsurfing.
Equipment hire and storage.
WiFi, Cable TV and data to all apartments
Internet Cafe
Reception and Concierge Service, cleaning, laundry and maintenance
service
Central Hurghada location
Close to Sheraton Street & Port
Airport only 15mins
10 year construction Guarantee.
Completion dates
Khamsin Beach Ready for May 2011
About This Property
Category
Apartments
Sold by
Agent
Reference
Khamsin Beach Resort
Address
Hurghada
Egypt
Egypt
Area
44 m2
Bathrooms
1
Features - Amenities
- Pool
- Gym/Spa