- Updated On:
- 3 September 2021
- 1 Bathrooms
- 45 m2
- Year Built: 2009
Hurghada Dreams is a brand new gated development of hotel-style apartments (one & two bedrooms), commercial units and extensive facilities. The project is located centrally in Hurghada in a strategic location between downtown and newtown. Across the road from Hurghada Dreams is the best open public beach in the area meaning you do not have to walk to find a beach and also you get fantastic sea views from most apartments on Hurghada Dreams.
This project presents a unique opportunity to invest in Egypt’s rapidly emerging property market. No other project this close to the centre can offer sea views & beach access with extensive facilities on a large project at these prices. Owners should see a strong capital growth and an excellent long and short term rental income throughout the year.
Purchasers of one-bedroom apartments in this development will benefit from receiving free kitchen units plus bedroom and living room furniture and will be able to opt in to a guaranteed rental programme offering a gross return of 5% per annum for the first two years, followed by a guaranteed 10% for the following three years.
Hurghada Dreams is located in the Al Arabia area of Hurghada. This is a strategic location as access to the main centre of Hurghada, Sakkala and the Sheraton Road is only five minutes away. Sheraton Road is home to most of the bars, restaurants, shops and nightclubs.
In the other direction is downtown known as Dahar where you can experience the more traditional Egypt and also pick up some real bargains. The airport is only fifteen minutes away by car.
Completion date: June 2009
COMPLEX FACILITIES AND BENEFITS:
* All apartments have sea or pool views
* Large public beach right in front of the development
* High quality building and European style finishing
* Commercial units including Abu Ashra Market
* Panoramic sea view coffee shop/restaurant
* Rental & maintenance service
* Rooftop Cafe
* Landscaped gardens
* Discount card to upmarket stores in the area
* Low annual maintenance fee of just 540 Euro per year