Khamsin Beach, Hurghada

Country

Egypt

Area

Red Sea Coastline

Region

Red Sea

Town

Hurghada

Khamsin Beach Resort: Who Else Wants To Reserve Before Prices Rise? From just £18,908 Khamsin Beach is a new development in Hurghada's Arabia district. Situated only five minutes from the lively heart of the town with all its shops, bars, clubs and restaurants.

Khamsin Beach Resort is in two phases. The first phase, Khamsin Gardens, is just across the road. All RESERVATIONS ARE 100% REFUNDABLE until satisfactory completion of UK Lawyer Due Diligence Report.

The second phase on the beach will be launched in July 2009 - at much higher prices.

Twelve Reasons Why Property In Egypt Makes Sense:

• Large population 79 million and growing
• Egypt's Strong Economic Growth of more than 7%
• Little domestic debt and secure banking system
• Low build costs
• Government investment in infrastructure
• Rapidly expanding Egyptian middle class
• Under 5 hours flight from most European Capital Cities
• Existing tourist infrastructure. Very high rental occupancy
• Ten more peak rental weeks than Spain, Turkey etc
• Tourists arrive from diverse countries.
• Affordable price
• Low costs of property ownership

Khamsin Beach Resort

Private beach access is at a premium in Hurghada now. Buyers of these apartments have the rare opportunity of buying into a development with private beach access.  At prices less than an expensive car, where else can you get all this luxury for so little?

Khamsin Beach represents one of the best potential rental yields in Hurghada. Conservative estomates calculate an expected rental yield, after costs, in excess of 15%. Why is this important? Well call us and we will gladly discuss why we forecast strong rental returns here.

Khamsin Beach Prices

Pre Launch One bedroom 55m2 NET area and 60.5m2 GROSS gives pre launch price of £26,023 (£430.13 m2). This includes free air conditioning and furniture - a discount worth between 10% to 15%.

Under market value for the area with direct sea views from £719 per m2 up to £825 per m2 for Hurghada front line location.

£500 reservation. Refundable up until 21 days after receipt of contract.

UK based escrow account for buyers security

Investors payments released only on surveyors reports when achieving build milestones.

First payment 40% (less reservation fee).

Launch prices from 30th November will be 15% higher than the current prices.

Some units come with free air conditioning and furniture packs - which is worth in the region of GBP3,000 to GBP4,000.

This is Hurghada's best bargain - our advice is to grab it while you can

Buyers of apartments in the central section of Khamsin Beach Resort receive a 50% discount on air conditioning and furniture packs (worth GBP1500-2000)

 Finishing Works for Khamsin Beach

• Electrical installation with power points and light switches
• Pre-installation for digital TV and telephone sockets
• Polished ceramic tiles throughout
• Tiling in bathrooms and kitchens
• Windows and doors installed throughout
• Rendered walls painted
• White porcelain sanitary fittings in bathroom  with toilet, sinks, bath/shower and mixer taps
• Fitted base units, stainless steel sink with mixer taps and worktop in kitchen area

Payment Options

Prices (from):

Studio Apartment £18,908

1 Bed Apartment £33,500

2 Bed Apartment £35,769

3 Bed Apartment £82,725

Purchase Process:

Option 1

1 Bed Apartment Property Price £33,500

£500 Reservation fee (refundable) £500

40% Deposit – £500 £12,900

20% 6 months after contract £6,700

or foundation (whichever is later)

20% 12 months after contract £6,700

or roof height (whichever is later)

20% On completion £6,700

Option 2

1 Bed Apartment Property Price £33,500

£500 Reservation fee (refundable) £500

40% Deposit - £500 £12,900

2 month Payment Holiday £0

10 X monthly payments of £1340 (4%) £13,400

20% on completion £6,700

Don't miss out on Khamsin Beach investment opportunity. Contact us for prices, availability or more information.

The Hurghada sun is shining. How about a Discovery Tour to see a wide range of Hurghada and Sahl Hasheesh property?

Contact us to arrange your discovery tour at a time to suit you.