This property is a 63 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Princess Resort project in Hurghada Resorts, Red Sea and was completed in Jan 2022. You can buy this apartment for a base price of EGP3,520,000 (EGP55,900/SqM).
Own 63 m² Apt in Tourist Promenade – 15% Down Payment
63 m² Apartment with Pool View – Hurghada Heights Resort | Hurghada
Own your elegant 63 m² apartment in Hurghada Heights Resort, a modern residential project located in the heart of Hurghada’s tourist promenade, just minutes from the airport, marina, restaurants, and shopping.
The apartment features a contemporary design with high-end finishes, offering maximum comfort and a direct view of the main swimming pool. It is situated in a peaceful, fully serviced residential complex, ideal for living or investment.
Unit Details:
Area: 63 m²
Layout: 1 Bedroom – Living Room – Kitchen – Bathroom
View: Pool
Floor: First
Price:€58,418
Delivery: End of 2028
Payment Plans:
Option 1: 15% down payment, remainder over 3 years in equal installments
Option 2: 20% down payment, remainder over 4 years in equal installments
Special Discount: 15% for cash payment
Project Features:
Prime location in the heart of Hurghada’s tourist promenade
Modern design with luxury finishes, ready to move in
5 swimming pools (including one heated pool and two rooftop pools with panoramic sea views)
Rooftop terraces and relaxation areas
Gated complex with 24/7 security and reception
Modern elevators and full facilities
Investment Highlights:
Strategic location ensuring high rental returns
Promising project in one of Hurghada’s most sought-after areas
Competitive pricing with flexible payment plans
Invest now in Hurghada Heights and enjoy a modern, upscale lifestyle on the Red Sea promenade, combining tranquility, luxury, and an unbeatable location.
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
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Listed By
Developer
Electricity PriceN/A
Water PriceN/A
Unit IDU5902319
Investment Opportunity: Charges & Yield
Sale Price
EGP3,520,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom apartments at Princess Resort, and the current sales price.
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