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1 bedroom apartment for sale

Egypt - Red Sea, Hurghada

From £25,948

like this property?

Call: 03339 395623

Key features:

  • Great Rental potential
  • wide range of facilities
  • Studio from 25K 44sqm
  • 1 Bed from 32k 55sqm
  • 2 bed exec 69K 118 sqm
  • Great Investment

Full description:


The Property

The development is a new 5 star luxury gated development in a prime
location in Hurghada city centre. It is a superb investment opportunity on
the increasingly popular Red Sea Riviera, with prices of apartments ranging
from £25,948 to £84,000, with easy payment terms.

It has 686 studios, 1 & 2 bedroom apartments set in over 44,000m2 of tropical
landscaped grounds with its own restaurants, cafés and bars, health &
beauty centre, 3 communal swimming pools and tennis courts and is designed to offer apartments to suit a variety of tastes and budgets.

The Location

The Red Sea Riviera resort of Hurghada is a world renowned destination
for tourists from around the world, offering access to many uninhabited
islands and offshore reefs. It is a haven for water sports of every kind. With
365 days of sunshine every year, Hurghada is an idyllic destination simply
waiting to be explored. On land, why not visit a Bedouin camp, take a ride
on a camel, explore the rugged mountains by jeep safari at sunset, or play
a round of golf at the famous courses at El Gouna Club, Soma Bay or at
Sahl Hasheesh. There’s a lively nightlife to be found in the many cafés, bars
and nightclubs of Hurghada Old Town. In short, Hurghada has something
for everyone.

This pin shows the general area of the property as the exact location was not given

To view this property or request more details, contact
Adaptive Infrastructure Ltd, London

145-157 St John Street, London, EC1V 4PY, England.
03339 395623  Local call rate
About Adaptive Infrastructure Ltd, London

Turkey

Turkey attracts the attention of foreign investors for a number of reasons. It ranks as one of the world’s biggest markets. The population of 70 million enjoys a GDP per capita of $ 6,500. The country’s developed industrial base, rich raw material and human resources and proximity to Europe, the Middle East and Russia endow Turkey with great advantages.Political stability and economic growth, combined with eventual membership in the European Union, make Turkey a magnet for foreign investment.

Turkish property Market

The Turkish property market is witnessing the early stages of a massive boom triggered off by an important change in the law relating to the ownership of property by foreigners. This only happened at the end of 2002, but it has meant that prices have been rocketing ever since. As other Mediterranean countries rapidly become too expensive. Prices rose by an average 60% over the last 22 months in the coastal areas. All indicators show that this is just the beginning and we expect prices to rise sharply for the next 5-10 years. This means that your slice of paradise will also be a lucrative investment. Rental incomes are also doing very well as more and more people are turning their backs on tour operators and large hotels in favour of organising their own holidays in their own space.

All our villas and apartments we sell are built to the highest specifications.
Plus all property contracts provide a 5 year structural defect guarantee.
Unlike places such as Spain, when you buy a property in Turkey nobody can take it away from you or make any claim on you unless this is registered at the land registry before you buy.

Mortgages are only available if you become a resident.
Should you require funding then you should consider borrowing from a UK lender against the equity in your UK residence?

Rental

There is good demand for rental property; Turkey is the 18th most visited country in the world and ranks 13th in tourism income. The Turkish Ministry of Tourism expects Turkey to be the 11th most popular tourist destination in the world by 2005 with over 20 million tourists arriving to Turkey each year. You can expect a rental income of between € 450 - 900 (£300 - 600) per week for a 3/4 detached villa with own or communal pool, we can introduce you to several rental agencies, and as we provide full garden and pool maintenance, together with our maid service you can rent out your villa knowing we are looking after everything for you and your paying guests.

Our Client

• A Turkish Incorporated Company Partly British owned
• Established 5 years
• 400 Villas & Apartments SOLD last year
• 500-600 target for this year
• 800 plots and 6 Developments at different stages of build
• Over €1m Plant and Machinery owned by the group
• Manufacture own Kitchens, Internal and External Doors.
• Own furniture store.
• ALL payments made to and held by JOHN HOWELL Solicitors in escrow until contract terms meet
• NO Payment released until build stage completed, or Good Security provided in case of Advance payment

The Villa builds Quality
• Twin Wall and Insulation (Only one we know doing this)
• 5 year GUARANTEE on structural build
• High quality KITCHENS and BATHROOMS
• Marble Staircase
• Built-In Wardrobes (In most properties)
• Clients Special Requirements NO PROBLEM

• NOW selling by us for owners for € 70k plus

Expectations

• The next 3 years will see the Highest equity growth
• This year will be better than next – SO NOW is the time to Buy

Free Inspection Tours

We invite you to come and see for yourself the high quality of the villas. Join us on our 3 day, 4 star hotels

FREE Inspection Tour and whilst in Bodrum we invite you to meet some of our existing owners at one of our complementary BBQ's.
Visit our development sites and even select your plot if you wish, we will also be pleased to show you some of the many nice beaches, and places to visit. Then be our guests to sample really good food at unbelievably low prices. There is no cost for the Inspection Tour; we will pay for your accommodation, meals out, etc.

All you have to do is get to Bodrum International Airport; flights are normally £150-250 subject to time of year. Of course when you buy we will refund the air fare. We look forward to meeting you at the airport; you are assured of fine weather and a really nice time. Throughout the whole process of inspecting our show houses, deciding on your dream villa or apartment and importantly after hand over, we are at your service with offices in the UK and Turkey to ensure your complete satisfaction. All our Villas or Apartments come with a standard specification of, you will be able to view the standard kitchen on your inspection visit, and some clients seek a dream kitchen to provide that extra personalisation.

All swimming pools are built to the highest standards; the whole pool is constructed from reinforced concrete, and can include such features as walk in steps, underwater lights, waterfalls or even an adjacent spa bath. We realise that purchasing a property is not just about buying the right villa, and aware of the fact that a lot more specific issues come to mind once you have bought your ideal villa.

Adaptive Try to source the best deals in Turkey for our clients keep in touch for other great deals.

Regards

Marco Austin


Disclaimer

This is a property advertisement provided and maintained by Adaptive Infrastructure Ltd, London (reference AdpEGPTwS) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Adaptive Infrastructure Ltd, London

145-157 St John Street, London, EC1V 4PY, England.
or call 03339 395623
Calling from outside the UK? 0044 20 7125 0037

Spotted an error?

In order for us to help our agents maintain accurate and up-to-date information please inform the agent if you have noticed an error with this property. If you are the vendor, please contact your agent directly.