Hurghada Village Apartments
Investment property in Hurghada
Hurghada Village apartments are less than 200meters from the sandy shores of the Red Sea, Egypt and are in a privileged position. Ideally located, these great investment properties starting at only £19,950 for a studio apartment offer outstanding property investment potential. Besides the studio’s, Hurghada Village apartments also have 1bedroom, 2bedroom, and 3bedroom apartments off-plan. Each of the property types offers a minimum 7% rental guarantee for 2 years for the shrewd overseas property investor this is a great plus point. The market for property investment in Egypt and especially around the Red Sea resorts like Hurghada and Sharm El Shiekh already offer a ready made tourist market with 100,000’s of tourists a year visiting this part of Egypt. With property prices predicted to grow by 5-10% per annum over the next 5 years in Egypt, investment now in Egyptian property, will see certain growth over the medium to long term, while investors will additionally receive an income stream from their investment at Hurghada Village. As an overseas property investment in a country like Egypt with no capital gains tax and properties on this development allowed to be sold at any time through the construction process, makes investment in this delightful complex a must. Hurghada is expanding rapidly and is used by European tourists as an all-year holiday resort. Capital property growth as mentioned is currently running at 5% -10% per annum. Exceptional returns could be had, due to low capital cost. For example a 12 month season with 50% occupancy at £100 per week for a studio gives approximately £2,600 per annum, a 12-14% return.
Hurghada Village Apartments
With a 20 year builders construction guarantee and consisting
of some 110 apartments, with on-site management and maintenance services
the Hurghada Village apartments are built over 5 floors, offering views
to either the Red Sea or the desert and mountains. A ‘fully’ walled
and gated community the apartments offer an on-site restaurant/café,
community swimming pool with tropical gardens and 24hr reception area.
All
apartments have fitted kitchens and air-conditioning fitted
as standard. Getting around in Hurghada is easy their are very cheap taxi's
and minibuses everywhere. The promenade has a multitude of restaurants,
bars and shops which is less than 100meters from the Hurghada Village properties.
The beaches and hotels lay on the other side of the promenade, the desert
and mountains lay immediately to the west with no buildings between Hurghada
Village apartments and the desert. All surrounding buildings to the east
are low lying thus giving a sense of not being over looked. (many other
apartment blocks are overlooked with balconies facing each other, all views
from the 2nd floor upwards are uninterrupted). Should you require to book
a viewing trip to see the apartments
at Hurghada Village or any of our worldwide property locations or would
like any further information on Egyptian properties please contact
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on the Hurghada Village apartments.