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Hurghada
From EG£27,100
Property features
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  • 1 bedrooms
  • Sea or pool views
  • Swimming pool
  • Extended payment plan:
  • 10% on reservation,
  • 30% on contract signing,
  • 60% paid interest free until Feb 2020
Property description
This is premium land and like everywhere in the world, premium locations come at a cost. However, in Marina View Hurghada you aren't paying the same high prices as other similar developments.
To give you an example a 1 bed here is almost 10,000 cheaper than a similar sized studio in another similar building.
The complex even comes with its own pool which in this location is amazing, as not even all the hotels have pools in this area, These apartments will have huge rental potential and capital growth as the prices are low for the location.

Stunning coral reefs and turquoise waters perfect for windsurfing have made Hurghada, on Egypt's Red Sea Coast, a busy resort town. Within easy reach of the stunning Giftun Islands and the Eastern Arabian Desert, Hurghada has seen enormous amounts of development in the past decade but its a relatively easy beach escape for Europeans, and some of the world's best diving and snorkeling sites are just offshore. Walk or catch a cab to explore the old quarter, El Dahar.

Payment Plan
10% reservation fee 30% on contract signing
60% paid in monthly/quarterly payments interest free until June 2019 so the earlier or quicker you buy the longer you will have to spread the 60% making your monthly payments smaller.
We can also offer a 5% discount for cash.

Maintenance Fees
This is an annual charge which covers the upkeep and maintenance of the communal areas, pool, and the interior extras like WiFi/CCTV/Security etc...
The fees are a one off payment which is 10% of the property price, that is all the maintenance fees you need to pay and as this is paid before getting the keys it means everyone will have paid their maintenance and it avoids non-payment.

Additional buying costs
Independent Solicitor - The one we recommend charges our clients 500 for all legal searches, contract review and includes the Signature Validation, paid after reserving the property and before any contracts are signed.
Connection to utilities - Due to price of this changing week on week it is difficult to give a set price however, it is currently around 3,000le, and will be similar in the future
Furniture - This will depend on what items you require we can pass your details to the preferred supplier

IMPORTANT NOTICE. These details are provided and intended as a general guide only and do not form a contract or any part of a contract. Intending buyers must make their own investigations and are advised to take appropriate independent legal advice. The final sale price may vary due to currency exchange fluctuations.
RMG_MV_1, Hurghada, Red Sea, Egypt
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