The Pyramids Beach development is situated just 10 minutes north of Hurghada international airport, just 5 minutes to Hurghada town centre and only 10 minutes south of El Gouna and its 18-hole PGA golf course.

5% Guaranteed rental for 3 years - please enquire for more details.

The Pyramids Beach development is on track to becoming one of the most impressive sought after locations in Hurghada offering secure, luxury living and first-class surroundings that are second to none.

Pyramids Beach consists of 570 properties built in 2 phases with a selection of studio, 1, 2 and 3 bedroomed apartments all completed to European finish. With an estimated capital growth in this area is around 25% per annum and with prices start from only £17,800 makes Pyramid Beach the ideal investment property.

One of the main features on Pyramids Beach is that the development is directly across from the entrance to the public beach offering superb uninterrupted views of the coastline and the crystal clear waters of the Red Sea.

Pyramids Beach is a 5* development with facilities (listed below) to satisfy all needs.

• UK Developer
• 10 year builder’s guarantee.
• All properties are freehold.
• All properties are completed to European finish.
• 10 minutes from Hurghada airport.
• 15 minutes from El Gouna golf course.
• 2 Large swimming pool including childrens section.
• Fitted Wardrobes to all properties
• Elevators to all floors
• Pool Bars
• Childrens play area.
• On site lifeguard.
• Restaurant offering various cuisines.
• Fully equipped gymnasium and health suite
• Café Bar with Internet business centre.
• Mini market.
• On site Pharmacy
• Satellite TV, telephone and internet points to all properties.
• Pre-installation of air conditioning.
• Laundry service which also offers rental changeovers.
• Large communal roof with BBQs.
• Manned 24 hour gated security.
• Free on site Shuttle bus to the town, golf and beaches.
• Taxi service including airport pick-ups.
• Sightseeing tour operator.
• Strong rental prospects.
• Key handling rental management service.
• Excellent investment potential.
• Investment options available including rental pools, multi purchase discounts, early resale option and early payment discount.
• From £500.00 per year management fee guaranteed capped for 5 years.
• Full maintenance and repair service.
• Regeneration / decoration programme every 2 years.
• 40,000 square metre shopping mall only 250 metres away.
• All facilities are run and managed by developer to maintain quality of service.

FAQ's

1. Where is the Pyramids Beach? The Pyramids Beach development can be found near the shores of the Red Sea, in the town of Hurghada, Egypt about 10km south of El Gouna.

2. How many properties will there be at Pyramids Beach? Pyramids Beach will have 570 properties in total across 2 phases, with a variety of studios, 1 bedroom, 2 bedroom and 3 bedroom apartments.

3. Are the properties freehold or leasehold? All the properties are freehold.

4. Who is developing Pyramids Beach? A UK company with over 24 years experience in the overseas property market.

5. What Licenses have been granted? All the necessary licenses and planning permissions have been obtained, and are available on request.

6. When will the property be completed? The first phase will be completed winter 2010 and the 2nd phase winter 2011.

7. What are the payment terms on the property? 10% initial deposit then a further 40% on signing of purchase agreement (approx 30 days), 25% interim payment and then a final 25% on completion.

8. Can the properties be bought in a company name? Yes, but companies cannot take out the mortgage.

9. Are mortgages available? Yes, a capital repayment type mortgage, subject to status, on 65% of the purchase price is available after completing as a release of equity basis.

10. What is the yearly maintenance fee? The yearly maintenance fee will be £500 for a studio, £550 for a 1 bed, £600 for a 2 bed and £650 for a 3 bed per annum and will be fixed for 5 years.

11. Is there a builder’s warranty on new build, if so how long? Yes, warranties for new build are for 10 years.

12. What type of running costs should the client expect? Apart from the annual Real Estate Tax of approximately EGP 500 (approx. GBP £50)and the annual maintenance mentioned in Q10, there will be utility (water & electricity) charges substantially lower than by European comparison.

13. How much will the building & contents insurance cost? Approx GB £100.00 per annum

14. What is the construction of the building? The foundation of the building is reinforced concrete. The construction is of brick.

15. What will be the orientation of the apartments? The apartment’s main entrance will face north east but each apartment will differ depending on location on the development.

16. Will there be a rental system? Yes, with rental prices based on our achievable rental return calculations – refer to our Pyramids Beach Rental Return document, which your will receive if you enquire above.

17. How long is the rental season? 12 months.

18. What is European Design & Finish? European Design & Finish includes: polished ceramic floors, tiling in kitchen and bathrooms, windows and doors installed, all electrical installations, pre-installation for digital TV platforms as well as sockets for telephone, television and data lines, Fitted kitchen with base units, stainless steel sink, granite worktops and mixer taps, and bathroom sanitary fittings in white porcelain (toilets, sinks, baths or showers) with mixer taps.

19. What is Egyptian Design & Finish? Normally in Egypt a new build property is sold as a shell. Doors and windows are not installed, walls and floors are not finished, and kitchens and bathrooms are not equipped. NB: We will be providing European Design & Finish

20. Are the properties sold fully furnished? Furniture and kitchen appliances are not included in the sale price, but will be available as furniture packs.

21. What are the purchase costs? Registration of the unit and lawyer fees will be GBP £795.00 all in.

22. What are the lawyer’s fees involved in the purchase of the apartment? See Point 21.

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