kamareia, egypt

Overview

Kamareia Resort is a luxurious, new, low-density development that is being built in one of Hurghada's most up-market locations - nestling between the villas of Mubarek 6, which are very popular with Europeans, and the exclusive villa district of Magawish.

As opposed the majority of developments in Hurghada which contain five floors, the buildings at Kamareia contain just three. Containing perhaps the lowest density of buildings of any development in Hurghada, the large gardens at this resort give a feeling of openness and tranquility, despite the fact that it is located right in the heart of the town.

Constructed in the classic Nubian style, similar to many of the buildings in the luxurious El Gouna resort, Kamareia features a combination of differing sizes of apartments and villas together with a hotel. Facilities including three large swimming pools, tennis courts and a health club give a variety of entertainment options inside the resort, with all of Hurghada's many attractions just a short taxi ride away.

We have recently visited Hurghada. Please contact us for our independent rating and report regarding this interesting development. We can assist choosing the best available units.

Location

Kamareia Resort is located in Hurghada's fashionable Intercontinental area, close to some of the town's most luxurious hotels such as the Intercontinental, Steigenberger and the Hilton Resort.

To the north of the development is the villa district of Mubarek 6, home to many of Hurghada's long term European visitors. To the south is the luxury villa district of Magawish, where many of Hurghada's elite have made their homes.

Opposite Kamareia Resort is the popular development of Lotus Breeze.

The area is just a few minutes walk from the southern end of Hurghada's Village Road, which contains a wide range of entertainment options including the Hard Rock Cafe and Little Buddha.

The development is only 800m from a public beach and marina. A free shuttle bus service will connect the resort to the beach and also to Hurghada International Airport, which is well under ten minutes away from the resort.

Facilities & Benefits

Just 800m from the beach
Three large swimming pools
Low density development containing a low ratio of buildings compared to the large area of landscaped gardens
Free shuttle bus service linking Kamareia Resort with the local public beach and also to Hurghada International Airport
Sports facilities including tennis court and five-a-side soccer pitch
Children's playground
Residents can use all of the facilities of the attached hotel including its bars, restaurants and coffee shops
On site shops including a supermarket and pharmacy
On site internet cafe
On site medical clinic
Health club
Private parking spaces
Centralized satellite television
High speed Internet to all apartments plus wi-fi
Public reception area
24 hour security
Full management service available
Maintenance fee of USD7.50/m2 per annum (revised every two years)
Good capital growth opportunity

Prices

Type	m2	GBP	-5%	EUR	USD	EGP
Studio - Min	51	24355	23137	28435	39778	222360
Studio - Max	79	37726	35840	44046	61617	344440
1 Bed - Min	53	25389	24119	29642	41467	231800
1 Bed - Max	104	49665	47182	57985	81116	453440
2 Bed - Min	104	49660	47177	57980	81109	453400
2 Bed - Max	137	61522	58446	71829	100483	561700

Contact us and request information regarding any latest discounts Most of the ground floor apartments come with large private gardens; many of the second (top) floor apartments have private roof terraces.

All of the two-bedroom apartments can be easily converted into two-bedroom/two-bathroom units for an additional price of around GBP1500.

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.

Finishing

Kamareia Resort's finishing includes all the following items:

Ceramic floor tiles throughout
Aluminium powder coated windows frames and balcony doors
Rendered walls painted
Internal doors with locks and architrave
All electrical power points and light switches
Sockets for internet and telephone
Granite work surface in kitchen, plus stainless steel sinks with mixer taps
Plumbing for washing machine and dishwasher
Ideal Standard toilet, washbasin and shower
Marble vanity shelf, extractor fan and ceramic wall tiles in bathrooms
Pre-installation for air conditioning

Payment Schedule

40% deposit payable upon contract.
25% three months following signature of contract
25% six months following reservation
10% upon completion

Discounts for cash purchases

Completion

Completion of Kamareia Resort began in 2007. Completion of Phase One of the resort is scheduled for Dec 2009. Completion of the entire resort is scheduled for mid 2011.