Property Details
- Property Type: Apartment
- Approx. Size: 78 sqm
- Floor/Level: 4
- Layout: 1 bedrooms, 1 bathrooms
- View: Sea and pool
- Finishing: Premium
- Furniture: Fully furnished
Apartment/Villa Features
- Flooring: Ceramic tiles
- Windows/Doors: Double glazed
- AC/Utilities: Split unit ac
- Kitchen: Fully fitted
- Storage/Extras: Built in wardrobes
Building Facilities
- Pools: Two swimming pools
- Beach Access: Private beach area
- Security/CCTV: 24 hour security and cctv
- Lifts/Parking: Two lifts and underground parking
- Gym/Spa/Kids areas: Gym, spa and kids playground
- On-site F&B/Shops: Restaurant and mini market
Location & Distances
- Area: Sahl Hasheesh, Hurghada
- Beach/Promenade: 2 min
- Supermarket/Pharmacy: 5 min
- Clinic/Marina: 10 min
- Airport: 20 min
Investment Potential (ROI section)
- Estimated nightly rate: $80-$120
- Estimated occupancy: 55-65%
- Projected gross revenue: $21900
- Projected operating expenses (25%): $5475
- Projected net income: $16425
- Projected ROI: 8.2%
Price & Terms
- Asking Price: $200000
- Ownership: Freehold
- Maintenance Fees: $1200 annually
- Buyer Transfer Costs: 2% of purchase price
Summary
This premium apartment offers a luxurious coastal lifestyle in the prestigious Sahl Hasheesh area. The property benefits from direct beach access and extensive resort style facilities. With strong projected rental returns, it presents a compelling investment opportunity in a high demand tourist destination.
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