WATER HOUSE TOWNHOUSES HURGHADA € 171.150
In Brief
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| Price: |
€ 171.150 $ 217.069 or £ 141.672 |
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| Price per sq.m.: | € 1.316 |
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Agency commission: - |
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We accept Visa, MasterCard, American Express, Maestro, Solo, Delta. |
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| Type: | House / Villa |
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Total Area: | 130 m2 |
| Garden area: | 30 m2 |
Your Agent
Trendafil Dryankov
Overseas Property- Phone:
- +359 (0) 2 97 33 111
- Mobile:
- +359 (0) 878 91 92 92
- Email:
- overseas@excelproperty.biz
- Skype:
- excel.property.overseas
- Address:
- 27 Liditse Str., ap.2 Geo Milev quarter, Sofia
Enquire about this property
Regarding "WATER HOUSE TOWNHOUSES HURGHADA", Ref. No. AA-HWHH
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Agent's Description
Water House is a totally unique project to Hurghada that is designed by Europeans, for Europeans.
It gives buyers the very best of both worlds - all of the comforts of a world class resort including its own private beach, beautiful landscaped gardens and three enormous swimming pools while, at the same time, giving them their own private houses providing the same level of privacy that Europeans are used to at home.
The town houses at the Water House Project are all built to a manageable and affordable size, unlike many of the expensive villas in the area with lots of unnecessary space. All of the townhouses contain three bedrooms and three bathrooms, with 130 sq. m of internal living space, a 65 sq. m roof terrace and 30 sq. m of private garden, with all units having sea views. The fact that they are all built as part of a luxury resort complex guarantees a uniformness that is highly appealing compared with the unplanned nature of many of Hurghada's villa complexes.
All of the townhouses at the Water House Project are sold on a complete turnkey basis, making buying them a simple and stress free activity. Once the resort is finished, buyers can just move in straight away, relaxed in the knowledge that all of their needs are already taken care of.
Water House Project is located in the Al-Ahyaa area, which is halfway between Hurghada and the luxury resort of El Gouna, with its PGA Championship standard golf course.
The centre of Hurghada is just a 15 minute taxi ride from here, as is the town's international airport. El Gouna is just ten minutes from here.
The area was recently zoned for tourism by Hurghada planners and is subject to a tremendous amount of investment in infrastructure. By the time that the Water House Project is complete, the area will have a wide variety of bars, cafes, restaurants, leisure facilities and shops including a shopping mall in order to satisfy the demand of the many tourists who will be staying in the area.
Completion date: End of 2009
COMPLEX FACILITIES AND BENEFITS:
- Right on a private beach
- Aqua Centre for water sports
- Diving Centre (Diving school, equipment rental and safari trips)
- Dock for diving and private boats
- Marine footbridge for swimmers
- Central area with three spacious swimming pools and landscaped green area
- Children's playground
- Private gardens
- Restaurant
- Cafeterias
- Supermarket
- Pharmacy and medical service 24 hours/day
- Laundry
- Gym
- Selection of shops
- 24 hour security
- Annual maintenance fee of €1,000 per year
BUILDING FINISHES:
- Ceramic floor tiles
- Inner walls finished with plaster and painting
- Bathrooms finished with ceramics and tiles throughout
- Outer joinery with aluminium frame and glass
- Inner doors of wood
- Main entrance door of double leaf with safety clip
- Fitted kitchen with marble worktop, sink, dishwasher, refrigerator, cooker, fume extractor hood and water heater
- Main bathroom contains washbasin, toilet, Jacuzzi, mirror and accessories
- Second bathroom contains washbasin, toilet, shower cabin, mirror and accessories
- Third bathroom contains washbasin, toilet, mirror and accessories
- Satellite TV, telephone and internet outlets in living room and master bedroom
- Air-conditioning units installed in living room and all bedrooms
- Living room contains one three-seat and one two-seat sofas, armchair, dining table with six chairs, TV with individual receiver via satellite, shelf made of plaster with halogen lights and glass
- Laundry room contains washing machine and ironing board
- Master bedroom contains 160cm wide bed, two nightstands, dressing table with mirror, built in sliding door wardrobes with mirror
- Second bedroom contains 140cm wide bed, two nightstands, dressing table with mirror, built in sliding door wardrobes with mirror
- Third bedroom contains two 100cm wide beds, office table, built in sliding door wardrobes with mirror
- Private parking space for each apartment
Contact us for more information
Property Information
| Ref. No.: | AA-HWHH |
|---|---|
| Category: | Seaside properties |
| Year built: | 2009 |
| Location: | Hurghada |
| Country: | Egypt |
| The offer was published on: | 30 May, 2009 |
| The offer has been viewed: | 2214 times |
| Enquiries received: | 1 |
Floor Covering
- Ceramic Tiles
Exterior Features
- Cement/Concrete
- Brick
- New tile-roof
- Drainage
- New electrical wiring
- New piping
- Decorative plaster
Interior Features
- Dining Room
- Shower Cabin
- Master bath
- Bath-tub
- Bathroom
- WC
- Kitchen units
- Kitchen facilities
- Laundry room
- Internal staircase
- Furniture
- MDF doors
- Electric appliances
- Interior elements
- Ornamental elements
- Air-conditioner
Unit Features
- Balcony / Terrace
- Top Floor
- Penthouse
- Ground Floor
- Attic
- Private garden
- Service Room
- Entrance-hall
- Cable / Satelite TV
- Phone line
- Internet
- Security system
- Reception
- Veranda
- Aluminum double-glassing joinery
Facilities
- Parking place
- Laundry facilities
- Club house
- Pool - Outdoor
- Gym
- Security Gate
- Resaurant
- Spa centre
- Supermarket
- Playground for children
- Tennis-court
Local Activities
- Fishing
- Water sports
- Surfing
- Cycling
- Swimming
- Diving
- Sailing
- Walking / hiking
- Tennis
Local Amenities
- Post office
- Medical service
- Railway station
- Bus station
- Shops
- Restaurant
- Cafe
- Disco club
- Aqua park
- Casino
- Airport
Payment Information
PAYMENT PLAN:
- 10% Reservation fee
- 20% Upon signing contract
- 40% Six months following signing of contract
- 30% Upon completion (End of 2009)
Nearby
- Nearest airport: Hurghada Airport
Egypt
Country overview
Egypt has long been known as a tourist destination but now a recent explosion in water sports holidays is fuelling a property boom, especially along the Red Sea coast, and British buyers are grabbing a slice of the Egyptian action in their droves. Red Sea properties are by far the most popular amongst foreign house hunters and this has been reflected in impressive house price increases.
- Population: 78,900,000
- Capital: Cairo
- Approx. exchange rate: £1 = 11EGP (Egyptian Pound); €1 = 7EGP
- Visas: Yes, visitor visa and renewable twelve-month work visa
- Time difference: +2 GMT
- Flight time from UK: 5 hours
- Major airports: Abu Simbel, Alexandria, Aswan, Borg el-Arab, Cairo International, Hurghada, Luxor, Sharm el-Sheikh
- Dialling code: 00 20 (+20)
Climate: The climate is good all year round with the North Coast and delta regions influenced by the Mediterranean climate and subtropical climate in the south. The long hours of sunshine and an average daily temperature of 21.9C (Cairo) makes it the perfect destination for sun seekers.
Accessibility: Its popularity as a tourist destination means that there are regular flights from the UK to Egypt, less than 5 hours flying time from most of Europe.
Why invest
More overseas buyers are already purchasing in the country. The Egyptian real estate sector has recently experienced a substantial growth, partially stimulated by relatively strong demands from expatriates and foreign nationals to purchase properties in Egypt. Traditionally, the overseas property market in Egypt has been concentrated in and around El Gouna, a resort about the same size as London located on the Red Sea coast some 600 kilometres south of Cairo, the capital.
Property prices have already gone up in the past 12 months as have land prices – by as much as 60 per cent in some areas. Prices are expected to grow by around 15 per cent in the coming months as Egypt starts to become better known in property circles.
Legals and Taxes
Buying property in Egypt is a straightforward affair provided you employ a lawyer to sort out an otherwise complex system of property registration.
Foreign purchasers have the right to own real estate and land in Egypt. Today the government recognizes the great value foreign investors in property have for the success of the economy and have set about actively encouraging overseas buyers to Egypt. New laws have been established to make the Egyptian property purchase procedure more secure. For example, the government can no longer impound or nationalize any property they wish – a practice that stood for centuries. These changes, along with a few others, are increasing confidence amongst overseas buyers.
Once you decide on a property, you will need to pay a holding deposit to take the property off the market while contracts are drawn up.
Lawyers
Lawyers in Egypt will normally speak English and will be able to produce your necessary paperwork in Arabic, as required by all the authorities. Egypt has many complex real estate registration issues so it is critical to have a lawyer conduct the appropriate searches and provide you with legal advice regarding the purchase. Local lawyers will also help you through the best way to conduct business with the local people who have their own particular idiosyncrasies and customs which are important to be aware of.
Fees and Taxes * Property registration and legal fees for conveyance total around 6%. * Stamp Duty on property is payable by the buyer at 3%. The buyer will also pay a small inspection and measurement fee (approx. 65 euros). * Tax on any form of income from property runs at 20 to 22% and is basically the alternative to Value Added Tax. Many countries enjoy a double taxation treaty with Egypt. * Egypt levies no inheritance or capital gains taxes.
Registration
Most Egyptian properties are not registered, even though registration is an essential pre-requisite to a purchase. Therefore the lawyer’s assistance in liaising with the Real Estate Registration Office in Egypt is essential in order to ensure the property is duly registered and prepared for foreign purchase. Registration can take up to four months. After inspections and payment of taxes/fees, you will finally obtain a new title from the Registry.
Please contact us if you need further information!
