This property is a 33 SqM studio apartment with 1 bathroom that is available for sale. It is part of the Aqua Palms Resort Hurghada project in Hurghada, Red Sea and was completed in Sep 2012. You can buy this apartment for a base price of EGP1,570,000 (EGP47,500/SqM).
Luxurious Hurghada Apartment for Sale - Cozy Studio at Aqua
Aqua Palms Resort Studio Specifications:
This super deluxe studio is 33 SQM; it is situated on the 2nd floor and it is located at Aqua Palms Resort, El Gouna.
So you can either move into the studio with a guaranteed increase in its value or use it as an income-producing investment by renting it with a guaranteed high rental rate that yields a high percentage of its value annually.
Aqua Palms Resort Location
Aqua Palms resort is located in Al Ahyaa district, it is only 15 minutes away from Hurghada downtown, 15 minutes away from Hurghada international airport, 15 minutes away from Hurghada touristic promenade, and 5 minutes away from El Gouna.
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s)N/A
Unit TypeN/A
BuildingN/A
CAM Fee
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
Each listing provided by partnered agents is individually verified by FazWaz.com.eg. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz.com.eg so that we can provide you a wider choice of properties
Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5741732
Investment Opportunity: Charges & Yield
Sale Price
EGP1,570,000
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.
7
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 studio apartments at Aqua Palms Resort Hurghada, and the current sales price.
No pets are allowed at Aqua Palms Resort Hurghada unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
EI Gouna is the nearest City from Aqua Palms Resort Hurghada and it is 9.6 km away.
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