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Full details
One of the last residential beach front locations in central Hurghada - Pre launch prices from £18,908
Khamsin Beach Resort is a luxury collection of waterside apartments located in the Arabia District of Hurghada just 10 minutes from the bustling tourist hotspot of Sheraton Road, Downtown Hurghada. The project offers far-reaching views over the Red Sea towards Giffen Island and is scheduled for completion by the end of May 2011. During this pre-launch release pricing has been geared to offer early bird buyers the lowest possible entry point:
Studio Apartments (38m2) from just £18,908
1 Bedroom Apartments (52m2) from just £33,500
2 Bedroom Apartments (84m2) from just £35,769
3 Bedroom Apartments (114m2) from just £82,725
The Arabia District lies close to Hurghada Port - the centre of the diving industry for the entire region. Khamsin Beach Resort is situated away from the sometimes stale feeling gated hotel resort areas. The project offers strong long term capital appreciation, not just due to its beachfront location, but due also to the resort's proximity to the city centre - the heart of Hurghada. The continued expansion of Hurghada will certainly see asset values rise steadily across all real estate stock over the next 5-10 years. Saleability of this prime beachfront resort is extremely high, and the gains for pre-launch investors are truly exceptional. Pre-launch prices are certainly at or below ANY other project in the region, even when you do include the ‘dressed up’ discounts that proliferate some of these projects. As such, Khamsin is firmly at the top of the list of options for sensible investors.
- Prices for similar projects are selling at £800+/m2 in Hurghada (Samra Bay)
- Low purchase costs and stage payments available
- Strong exit strategy - highly desirable re-sale unit
- Very strong re-sale potential prior to completion particularly for early bird investors
- Higher rental return due to rental pool option and beach front location
- Furniture packs and air conditioning included with many apartments during pre-launch release
- Price increase of 15% at end of pre-launch
- All properties are freehold and complete in May 2011
- No capital gains tax or inheritance tax
- Prices start from £18,908 and includes furniture and air conditioning for selected units for a limited period only
The Khamsin Beach Resort (which takes its name from the famous Saharan wind that blows across the desert for 50 days each year) has its own private beach and commands stunning views over the crystal clear Red Sea, towards the famous Giffen Island. The resort is perfect for those looking to benefit from a steady year round rental income whilst also maintaining the option to enjoy an all year round beach lifestyle and indulge in the many activities and adventures that the Red Sea and Egypt has on offer.
The facilities planned for the Khamsin Beach Resort will offer the full complement of up market hotel-style amenities and services. Numerous swimming pools will be placed around the site so that you are never more than a few metres from a cooling swim, shade and terraces, shops, restaurants and even a dive centre will provide maximum convenience to residents. The boutiques, bars and entertainment areas will transform the garden and commercial areas after sun down.
Down on the waterfront Khamsin Beach Resort will really set itself apart. Over 200m of carefully landscaped beach and gardens that will offer mouth watering gastronomy from the seaside Bar/Grill as well as various instructor led activities such as kite surfing and snorkelling. Khamsin Beach Resort will also provide all year round services including (but not limited to) airport pick up and apartment management (keyholding), maintenance and of course housekeeping and laundry services.
The Red Sea Riviera has two seasons: a hot summer, which runs from May to October, followed by a mild winter for the remaining months. The warm climate makes the area a highly desirable location at any time of the year.
Location
If there is one thing you can rely upon with property investment it is location, location, location. The Khamsin Beach Resort is an ocean side collection of luxury apartments with its own private beach in the Arabia District, close to downtown Hurghada by the Red Sea, Egypt.
Get in early
This is the very first marketing activity for Khamsin Beach Resort and there are some incredible early bird offers available for a limited period. The price structure presented in this pre-launch phase will be totally revised with a minimum increase of 15%.
Strong rental returns
The project is scheduled for completion by May 2011; it will operate as a hotel facility and will offer flexible rental management solutions, including a renewable rental pool program. The high local occupancy rates throughout the 12 month season, make this project of interest to any buy-to-let investors.
Solid capital appreciation
Hurghada is fast becoming the centre of operations for the Red Sea Tourist industry. Airport expansion and large scale regional development will see visitor numbers double over the next 10 years. Now is the time to buy beachfront to secure the greatest rental and capital returns tomorrow.
Consistent long term demand
The Red Sea Region is the ‘Costa Del Sol’ for middle eastern communities and this is the key driver to the rapid and continued development in the region as a whole. This resort will maintain a very high desirability factor for rental usage and eventual re-sale as part of any focused investment strategy.
Just 4.5 hours from the UK and 15 minutes from Hurghada International Airport, The Khamsin Beach Resort also offers a full complement of hotel-style amenities and services. The 12 month season, high occupancy rates and turnkey rental package offered by The Khamsin Beach will put this firmly at the top of any jet to let investors ‘must have’ list. The development consists of studios, one, two and three bedroom apartment suites. In the majority of Red Sea Resorts prime beach front locations are owned by hoteliers and are rarely set aside for residential development. With its own private beach, these apartments will always be at a premium whether you intend to rent your apartment or when you come to sell.
The Khamsin Garden Apartments
The first phase of the Khamsin Beach resort to be launched will be the Khamsin Garden apartments. Benefiting from all the amenities in the resort, these apartments offer amazing value for money in this premium location. The Khamsin Beach units are not due for release until July 09 and will be subject to further price increases.
Development Highlights
Private beach front location
Studios, 1 , 2 & 3 bedroom apartments
Pre-launch prices from just £422/m2
Prices from £18,908
Limited free furniture and air conditioning
Resort facilities include private beach, swimming pools, fitness centre, spa and beauty centre, Kids Beach Club, restaurants and beach bars
Water sports centre including Diving School, kite and windsurfing. Equipment hire and storage.
WiFi, Cable TV and data to all apartments.
Reception and concierge service, cleaning , laundry and maintenance service
Central Hurghada location, close to Sheraton Street & Port Airport only 15 mins away
10 Year Construction Guarantee
Purchase Process
Option 1
£500 Reservation fee (refundable)
40% Deposit - £500
20% 6 months after contract or foundation (whichever is later)
20% 12 months after contract or roof height (whichever is later)
20% on Completion
Option 2
£500 Reservation fee (refundable)
40% Deposit - £500
2 month Payment Holiday
10 x monthly payments of 4%
20% on Completion
Reservation Fees:
Reservation fees ONLY are to be made via cheque or bank transfer
Please make cheques payable to: KHAMSIN BEACH RESORT
Please pay bank transfers to: 30-13-55 00270304 Khamsin Beach Resort
Completion Dates
Khamsin Beach Gardens - December 2010
Beach Resort - May 2011
Property reference: fapa5274
Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceabroad.com cannot be held responsible for any inaccuracies.
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