Red Sea Palace for sale in Hurghada , Egypt

Red Sea Palace, Hurghada in Egypt

Prices from £5,926 to £19,186

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Red Sea Palace is the fourth project to be launched in Hurghada by the same developer. With most of the previous projects already sold out, this is sure to be a popular investment. This project is a small and private complex of just 105 units built in a triangular shape around a private swimming pool

The project houses a mixture of studio, 1 & 2 bedroom apartments built over 5 floors with elevator access to all. A rooftop terrace will be available for owners to enjoy the views to the city and the Red Sea.

The complex also benefits from being surrounded by roads to all sides, meaning no neighbouring complexes in the immediate vicinity. 24 Hour security and landscaped gardens will further add to the privacy and ambiance of this complex.

The public beach is a few minutes’ walk away. A new Carrefour supermarket is set to open in the area offering everything a holiday maker will need. As the area is designated touristic area you will have access to a myriad of shops and restaurants near by.

Development Information

This development consists of the following types of property

  • Apartment: 105

Building Schedule

  • Construction start: October 2010
  • Completion: June 2012

 

Facilities

  • Swimming pool
  • Landscaped gardens
  • Roof terrace
  • Gated complex - 24 hour security
  • Elevators to all 5 floors
  • High speed internet access
  • Telephone & satellite TV connection

Key features

  • Excellent Value for money
  • Ideal for first time buyers
  • Developer has previous projects
  • 10 year building warranty
  • Low annual maintenance fee
  • 10 minutes from public beach
  • 10 minutes from El Gouna

Map

Payment Plan

  • Reservation: £2,000
  • Deposit: 40%
  • Instalments: 45% payable quarterly over 2 years
  • Completion: 15%

 

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Construction Updates

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