This property is a 39 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 EGP2,457,000 (EGP63,000/SqM).
hurghada heights . Hurghada Promenade .
hurghada heights is a residential project located in the heart of hurghada. directly on the touristic promenade. close to the sea. the marina. and the airport.
the project offers a selection of modern units including studios. one-bedroom. and two-bedroom apartments with attractive designs and various views.
project features:
five swimming pools. including one heated pool and two rooftop pools with panoramic views
24/7 security and a complete cctv surveillance system
modern reception and centralized satellite connectivity
on-site cafés. restaurants. and retail shops for daily needs
payment plans:
studios:
30% down payment with installments over 36 months
or 40% down payment with installments over 48 months
1 and 2-bedroom apartments:
15% down payment with installments over 36 months
or 20% down payment with installments over 48 months
or 30% down payment with installments over 60 months
delivery timeline:
phase 1 (buildings 1. 2. 4. and 5): 2027
phase 2 (building 3): 2028
prices start from €37.236
for more details and to reserve your unit. please contact us
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.
EGP245,700/mo
Listed By
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5744085
Investment Opportunity: Charges & Yield
Sale Price
EGP2,457,000
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.
EGP245,700/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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