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Anthony Fernandes

Anthony Fernandes founded
SPC - smart property consulting
and is a renowned industry
expert on property in NE Brazil.
He leads a team of property
professionals and is referenced in:
The Move Channel The Mail Overseas Property Professional

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West Side Village

New-development, Off Plan Investments

Studio

Hurghada, Hurgada, Egypt

Price:

Bedrooms:

Bathrooms:

Unit size:

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Description

West Side Village is a new 5 star luxury gated development in a prime location in Hurghada city centre. It is a superb investment opportunity on the increasingly popular Red Sea Riviera, with prices of apartments ranging from £22,563 to £60,000 and with easy payment terms.
West Side Village has 686 studios, 1 & 2 bedroom apartments set in over 44,000m2 of tropical landscaped grounds with its own restaurants, cafés and bars, health & beauty centre, 3 communal swimming pools and tennis courts. Although, we named this unit a studio, it is a 1 bedroom apartment. the developer has called it a studio but there is a separate bedroom.

Location

Once a remote sleepy fishing and oil extraction village, Hurghada has become during the past years one of the most vibrant, lively and busy beachside resort towns of the Red Sea Riviera. Merging the old with the new, Hurghada boasts some of the finest hotel chains in Sekala and the tourist district south of it, and the sights, smells and sounds of El-Dahar, a lively hub of everyday Egyptian life, making it one of the Red Sea Riviera destinations with the strongest local flavour. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, but, above all, snorkeling and diving.

Investor View

Freehold investment Fantastic location for a fantastic resort Low price entry and great payment facility. A must have property for your investment portfolio.

Investment return projection

Return projection is 25-30% pa capital appreciation.

Property features / Development facilities

Spa
Jacuzzi
Sauna
Pool Bars
Restaurants
Beach Club
Games Room
Gymnasium
Sports area
24 hour security
Private Beach
5 star luxury hotel

Payment terms / Estimated completion

Pay 10% reservation deposit
Then pay 30% plus £1,000 capped solicitors fee with purchase contracts including VAT
Remaining 60% payable over 24 MONTHS INTEREST FREE.

Estimated completion: Q1 2010
Bank guarantee / construction guarantee: Yes
Building license: Yes

Total units & property prices

Number of Units:

1 bedroom Studio: 27,827€ - 30,000€
1 bedroom Apartment: 41,540€ - 73,600€
2 bedroom Apartment: 61,990€ - 78,382€

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11th September 2010