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Pool View Unfinished Amazing 2 Bedrooms Flat In Hurghada
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Palme Royale (Off Plan Beach Front Investment Project In Hurghada, Red Sea, Egypt)
For Sale FEATURED
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| Price: |
Euro 59,351 |
| Listing Type: |
For Sale |
| Property Type: |
Off Plan Projects |
| Style: |
Beach Front |
| Year Built: |
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| Location: |
El Ahyaa Hurghada +2065 |
| Directions: |
(Get Yahoo Driving Directions) |
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| Bedrooms: |
1 |
Half Bathrooms: |
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| Bathrooms: |
1 |
Lot Size (acres): |
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| Basement: |
Finished |
Size (square feet): |
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| Garage: |
Attached |
Garage Cars: |
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| Agent Commision (%): |
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Winter Tax / Summer Tax: |
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| Appliances Included: |
Additional Out Buildings: |
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| Features: |
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Description:
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Overview:
Palme Royale is probably the most
prestigious development being
undertaken in Hurghada today
Situated on an idyllic beach on 41000m2
land with a wide 340 metre sandy
beachfront, Palme Royale exudes quality.
It really is a development fit for royalty.
From the five-star aparthotel to the
individual beachfront villas, the cluster of
individual townhouses to the spectacular
design of the ample studios, one and two
bed apartments and penthouses, this
project has been designed to attract the
discerning few. At Palme Royale, you can
delight in the lush tropical gardens with
infinity pools merging into the blue ocean,
relax in the health spa catering for your
every need or shop in the myriad
designer outlets which line the foyer.
The entire complex will be managed by an
international Swiss hotel chain to ensure
not only a quality experience at every
level, but to guarantee that those looking
to buy into Palme Royale mostly for
investment purposes obtain the maximum
possible rental returns.
For the first two years from launch, Palme
Royale offers a 6% Guaranteed Rental
Scheme. Following this initial period, once
the area surrounding the resort is full
developed, significantly higher returns
than this are anticipated as rentals at
such a high-class resort will fetch
premium prices and occupancy levels of
80% are achieved by the majority of
hotels in Hurghada all year round.
Palme Royale has just been launched,
which means that it is currently in its pre-
launch phase. During this period, the first
fifty buyers will receive a 10% discount on
the regular launch prices. Buyers need to
move fast to take advantage of this offer
as it is sure to sell out quickly.
So whether you are looking to purchase
as a high yielding investment property,
for a holiday home in a genuine five-star
quality investment, or a combination of
both, Palme Royale should be your first
choice.
Location
Palme Royale is located in the fast-
developing area of Al-Ahyaa, located 7km
north of what is currently the northern
limits of Hurghada.
The development looks out over its 340m
width of private beach just metres from
each apartment, offering spectacular sea
views from the vast majority of
apartments plus excellent swimming.
The entire area was recently zoned for
extensive touristic development and is in
the process of being transformed into
Hurghada's most upmarket area - a
combination of four and five-star hotels,
luxurious villas and top-end apartment
buildings.
Hurghada centre and the town's
international airport are no more than 15
minutes away from Palme Royale by taxi.
Just under 15 minutes by taxi to the north
is the town of El Gouna, which offers
visitors the use of its PGA Championship
golf course, Abu Tig Marina plus a vast
array of upmarket shops, restaurants and
bars.
Facilities and Benefits
Firstline private, sandy beach 340m wide
Stunning sea views from the vast majority
of apartments
German developer
Large infinity pools
All of the hotel facilities of a luxurious 5-
star hotel including concierge and 24 hour
room service operated by a leading Swiss
hotel management company
Restaurants, coffee shops and bars
offering a variety of cuisines
Upmarket shops and boutiques located
within the complex's private mall
On site dive centre
Private mooring for boats
World class health club including a fully
equipped gymnasium, sauna, etc.
Lush tropical gardens
Shuttle busy to Hurghada and El Gouna
Underground parking
24 hour security
Guaranteed Rental Scheme offering a
return of 6% per annum for two years
with significantly higher returns forecast
after the initial period
Four weeks personal usage per year
Opportunities for fractional ownership
Annual maintenance fees of EUR12/m2
Prices:
Studio - Min 57m2 56402 GBP 59351
Euro
Studio - Max 57m2 66126 GBP 69584
Euro
1 Bed - Min 56m2 54686 GBP 57546
Euro
1 Bed - Max 100m2 112757 GBP 118654
Euro
2 Bed - Min 102m2 112102 GBP 117965
Euro
2 Bed - Max 151m2 206770 GBP 217584
Euro
2 Bed Penthouse 139m2 281969 GBP
296717 Euro
3 Bed Townhouse - Min 245m2 234344
GBP 246600 Euro
3 Bed Townhouse - Max 245m2 298489
GBP 314100 Euro
Villa 349m2 581583 GBP 612000 Euro
Palme Royale is currently in its pre-
release stage, which means that prices
are discounted by 10% from the full
launch prices. This deal will expire
immediately that the first 50 units have
been sold - so move quickly if you want to
take advantage of the offer.
Payments for this development are
payable in EUR. The prices in other
currencies are for illustration purposes
only and will vary according to current
exchange rates.
Finishing
Polished ceramic floors
Tiling in kitchens and bathrooms
Double glazed windows throughout
Electrical installation
Rendered walls painted
Internal doors with locks
All electrical power points and light
switches
Pre-installation for satellite TV and digital
services
Toilet, washbasin plus choice of wet room
or luxurious bath
Fully fitted luxurious kitchens including
work surface and all units
Ducted airconditioning units throughout
as standard
Furniture packs priced as follows:
Studio: from EUR7800
One-Bed: from EUR11800
Two-Bed: from EUR13200
Penthouse: from EUR18600
Completion
Construction on Palme Royale will
commence in early 2009. Delivery of the
project is currently scheduled for 30
October 2011.
Payment Schedule
EUR2000 reservation fee (fully refundable
until signature of contract)
40% upon signing contract (less the
EUR2000 reservation fee)
40% in June 2010
15% in June 2011
05% upon handover in October 2011
As mentioned on the Prices page, Palme
Royale is currently in its pre-launch
phase, which means that prices are
discounted by 10% for the first fifty
buyers.
This 10% discount is taken off the initial
payment on contract - meaning that the
first payment is only 30% of the total
(non-discounted) price.
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Submission Date: 12-25-2008
Last Update: 12-25-2008
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Agent Details:
Flare Company
Flare Company (Flare)
+20121784534 +20653447230 +20169002626 - +20121784534
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Masterplan showing the location of the apartment blocks, villas, townhouses together with the main hotel [ 2008-12-25 ]
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Layout of one of Palme Royale's five main blocks of apartments [ 2008-12-25 ]
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Main Entrance to Palme Royale [ 2008-12-25 ]
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Palme Royale's location on one of the best remaining stretches of beachfront in Hurghada [ 2008-12-25 ]
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The private beach at Palme Royale [ 2008-12-25 ]
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Palme Royale features several large pools stretching towards the blue sea [ 2008-12-25 ]
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Picture From Real Location [ 2008-12-25 ]
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