la place, egypt
Overview
This latest development in the heart of Hurghada's new up-and-coming Intercontinental district is only five minutes away from the bottom of the Promenade, five minutes away from the beach and just ten minutes away from the airport by taxi.
La Place is a small and exclusive development featuring just over 30 apartments, offering the same amount of facilities as you would find in much larger developments. With a small sized swimming pool,and a rooftop terrace with a bar and beautiful seaviews. In addition, there is a laundry, a pharmacy and fully equipped gymnasium.
Best of all; La Place offers the chance for buyers to invest in Hurghada property without spending a fortune, these small but perfectly formed studio apartments start from under GBP10,500/EUR12,500 - perfect for anyone just looking for a holiday home for a few weeks each year and offering great rental yields.
Those looking for more space can upgrade to one of the few remaining one-bedroom units in Hurghada for under GBP30,000/EUR35,000 or a two-bedroom for under GBP40,000/EUR47,500.
La Place is located in the south of Hurghada's fast up-and-coming Intercontinental area, close to some of the town's most luxurious hotels such as the Hilton Resort, Intercontinental and the Steigenberger.
There is many new developments and as a result, the Touristic Centre's main promenade is being extended down into this area. It is a perfect location for anyone wanting a quiet location, but within walking distance of all of the main facilities that Hurghada's Touristic Centre has to offer.
Less than five minutes walk from Public Beach #9, one of Hurghada's best-kept secrets as it offers excellent facilities yet rarely gets crowded.
Hurghada International Airport is also only a 10 minute taxi ride away.
Facilities & benefits
- Sea views from many apartments of the Red Sea and Giftun Island beyond
- Less than five minutes walk (850m) from one of the best public beaches in Hurghada
- Swimming pool
- Communal rooftop terrace featuring sunbeds, guaranteed sea views, a dedicated barbecue area and a bar.
- On site gymnasium, sauna and Jacuzzi - free of charge to all residents
- On site laundry
- On site pharmacy
- Centralized satellite television and internet to all apartments
- 24 hour security
- Ten year builder's warranty
- Elevator to all floors
- Maintenance fee: GBP350 per year
Finishing
| Type | m2 | GBP | EUR | USD | EGP |
| Studio - Min | 23 | 10289 | 12203 | 15880 | 88000 |
| Studio - Max | 44 | 28295 | 33558 | 43670 | 242000 |
| 1 Bed - Min | 51 | 26834 | 31825 | 41414 | 229500 |
| 1 Bed - Max | 51 | 32797 | 38897 | 50617 | 280500 |
| 2 Bed - Min | 74 | 38935 | 46177 | 60091 | 333000 |
| 2 Bed - Max | 74 | 47588 | 56438 | 73444 | 407000 |
Payments for this development are payable in EGP. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates.
Payment Schedule
- 10% reservation fee (fully refundable until signature of contract)
- 40% upon signing contract
- 20% three months following signing of contract
- 20% six months following signing of contract
- 10% upon completion
Completion
Construction on La Place was started in 2007. Full completion is currently scheduled for early 2010.
property details
| Location: | Hurghada |
|---|---|
| Price: | From £10,300 - €12,200 - $15,880 |
| Bedrooms: | Studio, 1 & 2 bedrooms |
| Availability: | Dec 2009 |
| Type: | Apartments |
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Interested in this property? Contact us now for further information.
