This property is a 32 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 EGP2,048,000 (EGP64,000/SqM).
hurghada heights . Hurghada Promenade in hurghada .
hurghada heights
located in the heart of the prestigious hurghada promenade. just 5 minutes from hurghada international airport and 10 minutes from the marina and city center.
project features:
total of 350 units
gated community with full services
5 swimming pools. including a heated pool and a kids’ pool
poolside restaurant and coffee shops
commercial areas. shops. and pharmacy
green spaces with garden and sea views
elevators in all buildings
central satellite tv
24/7 security and reception services
payment plans:
studios:
30% down payment with installments over 36 months
40% down payment with installments over 48 months
1 & 2 bedroom apartments:
15% down payment with installments over 36 months
20% down payment with installments over 48 months
30% down payment with installments over 60 months
a perfect opportunity for living or investment in one of hurghada’s most strategic locations.
for more details or to reserve your unit. contact us today.
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.
EGP204,800/mo
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 IDU5739026
Investment Opportunity: Charges & Yield
Sale Price
EGP2,048,000
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.
EGP204,800/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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