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Additional features
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Property Address:
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Expat-Egypt Office- 19 Hassan Assem Street, Zamalek, In front of the Irish Embassy
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Price:
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50,000 EUR
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Type of coastal property:
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Flat
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Finishing Status:
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Four Season
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Date of completion:
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1970-01-01
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Surface Area:
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64 M2
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No of Bedrooms:
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1
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No of Bathrooms:
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1
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View:
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Sea, Pool, View
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Location and nearby facilities:
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Hurghada, is a city in the Red Sea Governorate of Egypt. The city was founded in the early 20th century, and since the 1980s has been continually enlarged by Egyptian and foreign investors to become the leading seashore resort on the Red Sea. Holiday villages and hotels provide aquatic sport facilities for sailboarders, yachtsmen, scuba divers and snorkelers.
Hurghada stretches for about 36 kilometres (22 mi) along the seashore. The resort is a destination for Egyptian tourists from Cairo, the Delta and Upper Egypt, as well as package holiday tourists from Europe, notably Serbs, Italians, Russians, Poles, Czechs and Germans. Until a few years ago it was a small fishing village. Today Hurghada counts 248,000 inhabitants and is divided into three parts: Downtown (El Dahar); Sekalla,the city center, and El Memsha (Village road).
The city is served by the Hurghada International Airport with scheduled passenger traffic to and from Cairo and direct connections with several cities in Europe. Hurghada is known for its watersports activities, nightlife and warm weather. Daily temperature hovers round 30 degrees celsius most of the year. Numerous Europeans spend their Christmas and New Year holidays in the city, primarily Germans, Russians and Italians.
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Description
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is located beachfront in the golden mile of hurghada at the famous promenade,
the luxury resort with a private beach and marina consists of studios, 1 and 2 bed apartments.
the first phase of the resort is called abrim residence, which is situated in the middle of the development.
this part is perfect for living and for the permanent residence.
the second phase is called malaki club.
malaki club will be operated as an apart-hotel meaning that all the units will be delivered with the full furniture packages including all the needed appliances and accessories.
this offer is ideal for investors, because buying in malaki club each purchaser enters into the lease agreement with the developer.
according to the lease agreement the buyer will have bank guarantied rental income starting from 6% from the purchase price of a unit.
the third phase is malaki residence which situated in the middle of the main building. air-conditioned 1 and 2 bedroom apartments are available. all the apartments in malaki residence are totally freehold.
the delivery of the project is scheduled to the end of 2012.
prices start from 50,000 euro.
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Additional features:
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 Air Conditioning
Swimming Pool
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Coastal
Residential Area
Sea View
Security Services
Swimming pool view
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