Royal Beach
Royal Beach is the right choice for you if you are looking for some affordable property that's right on the beach. You can simply walk straight out of your apartment each day and on to Hurghada's beautiful golden sands.
Royal Beach is currently the most affordable development in Hurghada that is built right on the beachfront, so you need walk just a few metres from your apartment into the azure blue waters of the Red Sea.
Royal Beach is a private, gated resort that will offer owners luxury resort facilities and amenities to rival any 5-star resort. Designed by one of the world's most creative architects, Royal Beach has been carefully planned to reflect traditional Egyptian features as well as a modern resort with features only found in luxury locations such as Dubai.
Royal Beach offers a Guaranteed Rental Scheme, with returns of 31.5% over the first five years. For those on a budget, this can be combined with a developer backed mortgage offer, requiring you to put only 40% down, with the balance payable over a period of up to seven years.
So whether you are looking for the perfect holiday home as close to the sea as it is possible to get, or whether you are looking for an excellent investment which offers both good rental income and excellent capital returns, Royal Beach is the right development for you.
Location
Royal Beach is right on the crystal waters of the Red Sea and benefits from its own shallow reef that reaches 200m out into the waters, gently sloping into a private coral reef, where residents can snorkel, dive or just relax in complete privacy and comfort.
This beachfront paradise is less than 10 minutes from the bustling town centre of Hurghada. With El Gouna and its 18-hole PGA Professional golf course a mere 15 minutes away and Hurghada International Airport reachable in just 10 minutes, Royal Beach is a project that provides buyers with the best of both worlds.
Features and Facilities
Royal Beach offers:
A beachfront position, just 30m away from the shoreline of the Red Sea
Large heated swimming pools
Public jacuzzis and plunge pools
Barbecue areas
Centralized satellite television
High speed internet to all apartments
Elevators to all floors
Private tropical gardens with waterfalls and other beautiful features
A glass 1500m2 shopping mall with exclusive shops plus supermarket
Six bars and restaurants conveniently located throughout the resort
24 hour laundry and room cleaning service
24 hour security
Cinemas in the basement
Kids' Corner
Medical centre with on-site doctor
State-of-the-art spa and fitness centre overlooking the sea
Public reception area in the style of a luxury hotel including full concierge service
International French hotel management company
Possibility to buy over 7 years with a developer backed mortgage (60% LTV, 7.9% interest rate)
Annual maintenance fee of GBP9/m2
Guaranteed rental scheme offering the following rental returns each year:
Year 1: 5%
Year 2: 5.5%
Year 3: 6%
Year 4: 7%
Year 5: 8%
Finishing
Royal Beach apartments have:
Ceramic floor tiles throughout
Aluminium powder coated windows frames and balcony doors
Integrated airconditioning at no extra cost
Rendered walls painted in a colour according to the purchaser's wishes
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 and fitted kitchen units
Plumbing for washing machine and dishwasher
Ideal Standard toilet, washbasin and shower
Marble vanity shelf, extractor fan and ceramic wall tiles in bathrooms
Prices
The prices for our apartments at Royal Beach are
Studio (46sqm) from EUR44,965 (GBP39,443)
1 Bed (57sqm) from EUR52,440 (GBP46,000)
2 Bed (92-114sqm) from EUR94,415 (GBP82,820)
Payments for Royal Beach are payable in EUR. The prices in GBP are for illustration purposes only and will vary according to current exchange rates.
Payment Schedule
Buyers at Royal Beach have the choice of three different payment plans:
Plan A
EUR3000 initial reservation fee (refundable)
40% deposit (less the initial reservation fee) due upon contract
20% on 31 August 2010
15% upon completion of the shell at the development (early 2011)
25% upon completion (March 2012)
Plan B
EUR3000 initial reservation fee (refundable)
100% deposit (less the initial reservation fee) due upon contract
Buyers taking this option are entitled to a 5% discount from the standard prices.
Plan C
EUR3000 initial reservation fee (refundable)
40% deposit (less the initial reservation fee) due upon contract
60% paid in quarterly installments over a perod of seven years (at an interest rate of 7.9% from the reducing balance)
Construction on Royal Beach started in July 2009. The development is scheduled for completion for March 2012.
Further Information
Further information on our Royal Beach development in Hurghada, Egypt can be found in our Royal Beach Brochure.
For additional information on Royal Beach, including the latest prices and availability please Contact Us at Property Matters Overseas.
