For sale Apartment in Hurghada Red Sea Governorate Red Sea Riviera Egypt | Buy Real Estate

15.311 ?
Tropicana 2 Residence
TYPE:ApartmentCOUNTRY:Egypt
PLOT SIZE:m2AREA:Hurghada
CONSTRUCTED AREA:40 m2VIEW:Sea view
BEDROOMS:1POOL:No
BATHROOMS:1CENTRAL HEATING:No
DINING ROOM:1GARAGE:Parking
LIVING ROOM:1FURNITURE:Unfurnished
KITCHEN:Fitted kitchenPROPERTY STATUS:New


Overview Location
Facilities
Specifications
Prices
Payment Schedule
Tropicana Residence is the perfect purchase for any buyer who is looking to be right in the heard of Hurghadas vibrant town centre of Sekalla/Hadaba, as it is just a short ten minute walk right to the heart of the Sheraton Road, with Hurghada Marina just another ten minutes from there, putting all of Hurghada's best bars and restaurants well within walking distance.
Despite this development's central location, Tropicana Residence is situated in a very quiet part of town, right at the top of Hadaba Hill, meaning that there is no noise from any of the main roads. Another advantage of its location is that there are beautiful panoramic views over the town and the sea from the roof terrace and many of the apartments on the top two floors.
Despite all of these benefits, apartments at Tropicana Residence are far from expensive, with one-bedroom apartments starting from GBP13,883/EUR15,500 and two-bedroom apartments starting from GBP18,400/EUR20,548.
As well as being excellent holiday homes for those wishing to be right in the centre of Hurghada, apartments in this area also see excellent longterm rental returns of 10% and more because so many Hurghada residents need the convenience of having everything that they need within walking distance.
Tropicana Residence is located right in the very heart of vibrant Hurghada, just ten minutes walk down the hill to the Sheraton Road running through Sekalla, where there is a wide variety of Hurghadas best bars, restaurants and shopping to choose from.
Just on the opposite side of the Sheraton Road are several options for beach access, either for free or for nominal charges.
The exclusive nightlife and entertainment options of Hurghada Marina are just a 20 minute walk from here.
Hurghada International Airport is just ten minutes from here by taxi - probably the only time you will need to take a taxi for such a central location.
Facilities & Benefits
Located just ten minutes walk from the Sheraton Road - the thriving centre of Hurghada
Good hilltop location offers quiet surroundings and a cooling breeze
Stunning seaviews from upper floors and rooftop terrace
Communal roof terrace with jacuzzi, pergolas, roof garden and sunloungers
Centralized satellite television, telephone and internet links to all apartments
Elevator to all floors
24 hour security
Ten years builders guarantee
Incredibly low annual maintenance fee of just $200 (GBP125/EUR140)
Prices:
One Bed (Min) 40m2 GBP-13883 EUR-1550 USD-22630
One Bed (Max) 50m2 GBP-16779 EUR-18733 USD-27350
Two Bed (Min) 53m2 GBP-18400 EUR-20548 USD-30000
Two Bed (Max) 87.5m2 GBP-27150 EUR-30308 USD-44250
The above prices are for clients paying 100% of the price of the apartment on contract. Clients wishing to pay in instalments over a period of 12 months (ending six months after handover of the apartment) can do so by paying a supplement of 5%
Payments for this development are payable in GBP or USD. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates.
Payment Schedule
Option A
Reservation fee of $2000 (GBP1250/EUR1400) refundable for 30 days.
90% deposit (less the reservation fee) due upon contract.
10% due upon handover
Option B
Buyers also have the option of paying over the 12 months build period in quarterly installments for a supplement of 5% on top of the standard prices for cash.
Reservation fee of $2000 (GBP1250/EUR1400) refundable for 30 days.
40% deposit (less the reservation fee) due upon contract.
Four quarterly installments of 12.5%
10% due upon handover