1 bedroom apartment for sale
Egypt - Red Sea, Hurghada
like this property?Call: 03339 872114
National Property Purchase guarantee to buy your home for cash and an exchange can take place in as little as two days. Upfront cash advance offered!
CALL NATIONAL PROPERTY PURCHASE: 02076928704
The 95 sq metre apartment is located in Palma Resort, this is your very own slice of paradise. Just 10 minutes from Hurghada and 15 minutes from the airport, Palma Resort boasts fantastic seaviews and its own private beach. Located on the main road from Hurghada to El Gouna, you are minutes away from all top class facilities and amenities.
This resort is built to the highest specification and ideal for European clients looking for a genuine investment at fantastic prices.
A private Beach front resort built in high architectonic standard is close to the historic center of Hurghada. The Palma resort is a five star complex that consists of 2 large public pools, a private beach and beach bar and a Café/restaurant. Palma Resort is located at the Red Sea with it's own coral reef making it a diving hot spot. There is a private pier in the sea. The sea is very shallow and very well suited for for kite surfing. The apartment is excellent for a holiday home or investment purposes.The complex is designed to the highest Egyptian standards.
This stunning 3 bedroom duplex apartment is one of only 7 on the complex.
Situated on the front line and only 10 metres from both the pools, sea and with stunning unbelievable 180 degree views of the beach, sea and pools.
The apartment consists of one bedroom and one bathroom . The kitchen is fully equipped with electric oven & hob and fridge/freezer. Each room has air conditioning, satellite TV in the main living area. The living area has patio windows leading to a private balcony. The master bedroom is fully furnished with wardrobes, double bed, bed side tables.The ensuite bathroom has WC,Sink and electric shower. The main bathroom consists of WC,washing machine, sink, bath and electric shower. This apartment includes a Green Contract which is most important when buying property in Egypt.
It is common in Egypt that properties change hands by means of a power of attorney only, this contains risk
What is so important about the green contract ? :
1- The ownership in the Egyptian law only transfer officially from seller to buyer through registration procedures.
2- Registration protects the buyer from mortgage procedures if the seller takes a loan from bank.
3- Registration protects the buyer from administration arrest from any governmental authority such as tax authority, in case problems arise between the developer and this authority.
4- Registration protect buyer from any 2nd sale for the same apartment, the seller can make several Power of attorney for the same apartment for several buyers but the registration contract can't make for more than one person.
5- The buyer will take official contract stamped and registered from the notary public, which will be the official title of deed, as the strongest document buyer can have in his hand.
6- Registration contract will reflect the exact square meter for the apartment, the exact share of the apartment in the land and the exact share of the apartment in the common areas in the building.
ONLY BUY PROPERTIES WITH A GREEN CONTRACT
* Please note this property is sold in EUR and the price is 97,000