This property is a 57 SqM studio apartment with 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 EGP2,622,000 (EGP46,000/SqM).
hurghada heights in Hurghada Promenade in hurghada
Hurghada Heights is a premium residential project located in the heart of the famous Hurghada Promenade, covering an area of 6,100 square meters with a total of 350 modern units and full facilities.
The location offers excellent accessibility:
5 minutes from Hurghada International Airport
10 minutes from Hurghada Marina and the city center
Facilities and community features include:
5 swimming pools, including a heated pool for year-round use and two rooftop pools with panoramic views
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.
EGP262,200/mo
Listed By
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5731008
Investment Opportunity: Charges & Yield
Sale Price
EGP2,622,000
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.
EGP262,200/mo
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.
8
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 Princess Resort, and the current sales price.
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