Apartment for Rent in Red Sea, Hurghada

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Reference: RE 12198
Ahmed Ziz
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120 M2
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Sea View
Last Updated:
Thu 9 Jan 2014

Pyramids Beach HurghadaPyramids Beach will be a luxurious resort located in a prime  location in the fast evolving Al Ahyaa district of Hurghada , just minutes from the Marina , golf courses and lagoons of El Gouna and the bustling center of Hurghada.Pyramids Beach , Hurghada is on track to becoming one of the most impressive sought after locations in Hurghada offering secure , luxury living and first-class surroundings that are second to none. Pyramids Beach consists of 570 properties built in 2 phases with a selection of studio , 1 , 2 and 3 bedroom apartments all completed to European standards. With a projected capital growth in this area of around 20% per annum and with prices starting from just 17 , 800 GBP makes Pyramids Beach the ideal investment property.One of the main features on Pyramids Beach is that the development is directly across from the entrance to the public beach offering superb uninterrupted views of the coastline and the crystal clear waters of the Red Sea.Featuring a wide variety of apartment types and sizes at highly affordable prices , Pyramids Beach is the perfect choice for anyone looking at investing in beachfront property.View of the public beach from the upper floors at Pyramids Beach , Sea views from most of the apartments. Facilities & Benefits :- Just 2 km from the golf courses , marinas and lagoons of El Gouna- Central area with two large swimming pools- Landscaped gardens- Restaurant- Supermarket and pharmacy- Fully equipped gym- Laundry service- Internet cafe- Excursion center- Property management and full rental servicePrices & payment schedulerBuying off plan - or at some point during the construction process - is a popular option in Hurghada as the earlier you buy in , the less expensive your total purchase price will be.Property prices are more competitive when you buy at this stage and increase in value much more quickly. In fact , the demand for Hurghada property , combined with low interest rates , could well deliver a minimum return of 25% per annum. Taking into account capital growth , returns on your capital investment could be as high as 50%. The prices are as follow:- Studio apartment 30.8 sq.m. 17 , 733 GBP- 1 Bedroom appartments 73.8 sq.m. 44 , 280 GBP- 2 Bedroom appartments 104.4 sq.m. 57 , 420 GBP- 3 Bedroom apartments 123.3 sq.m. 67 , 815 GBPOnce you are sure the project is properly guaranteed , your main concern will be the payment schedule:- 25 % upon signing the contract.- 25 % interim payment upon concrete completion- 25 % interim payment upon finishing bricks cladding and plastering- 25 % on the completionhttp://www.redsea-elriad.cominfo@redsea-elriad.com


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