This property is a 45 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 EGP2,295,000 (EGP51,000/SqM).
hurghada heights . Hurghada Promenade .
Discover Hurghada Heights – a new residential and investment development in the heart of the Hurghada Promenade.
This landmark project spans 6,100 sqm and offers 350 modern units, including studios, 1-bedroom, and 2-bedroom apartments designed for comfort, convenience, and return on investment.
Prime Location:
Located directly on the Hurghada Promenade
5 minutes from Hurghada International Airport
10 minutes from the Marina and city center
Facilities and Features:
Five swimming pools, including a heated pool and two rooftop pools with panoramic views
24/7 security and modern reception
Full CCTV surveillance
Central satellite connectivity
On-site cafés, restaurants, and retail shops
Flexible 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
Delivery Timeline:
Phase 1 (Buildings 1, 2, 4, and 5): Completion in 2027
Phase 2 (Building 3): Completion in 2028
Hurghada Heights is ideal for international buyers, holiday home seekers, and real estate investors.
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.
EGP229,500/mo
Listed By
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5803984
Investment Opportunity: Charges & Yield
Sale Price
EGP2,295,000
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.
EGP229,500/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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