Go Back   Property Forum > Property Investment > Buying overseas property > Overseas Property For Sale > Africa > Egypt - Property For Sale in Egypt

Egypt - Property For Sale in Egypt Property for sale listings in Egypt

Zina Heights, Hurghada


 
 
Thread Tools
  #1  
Old 20-09-2008, 06:56 AM
Flyerman's Avatar
Active Member
 
Join Date: Jan 2008
Location: UK
Posts: 33
Please update your flags here .

Users Flag! Interested in property in egypt
Send a message via Skype™ to Flyerman
Default Zina Heights, Hurghada

Hello,

I have pleasure in announcing the pre launch of Zina Heights in Hurghada. Construction has started.

What makes this development worth considering:

Rental Guarantee


Investing in Hurghada usually means no rental guarantees. However with Zina Heights there is a three year rental guarantee scheme in place of 6%, 7% and 8% each year.


Rental

Linked to the above of course, but I like the fact that Zina Heights with 330 apartments has an integral boutique hotel and is being built by the builder and owner of the Marlin. The confidence on ability to rent is backed by the guarantee

Zina Heights is positioning itself as one of Hurghada’s most prestigious tourist and business hotels.

Facilities

The master suites are located within a Deluxe Hotel resort and these residential apartments have the benefit of a range of generous and exclusive hotel services and guest amenities located on the ground floor, to include a range of fine dining restaurants, spa, boutiques, bars and concierge services.


Prices

Pre launch prices for Zina Heights start at €39,900 for a pool view up to €50,000 for seaview apartments, there is a wide choice of apartments available for the 330 total.


Location

Central Hurghada (new).


Sizes

Typical studio apartment:

Gross Size including common areas and terrace: 48.13 m2 Net area 42.97 m2 (inc terrace. Terrace 9.65m2

Please go to www.overseaspropertytalk.com for full review and to register for due diligence report, or contact me for more details and questions.

Pictures will be posted shortly.

Regards,

Lance
  #2  
Old 21-09-2008, 08:07 AM
Flyerman's Avatar
Active Member
 
Join Date: Jan 2008
Location: UK
Posts: 33
Please update your flags here .

Users Flag! Interested in property in egypt
Send a message via Skype™ to Flyerman
Default Zina Heights

Please see Zina Heights, Hurghada image below:



Please email me at lance@overseaspropertytalk.com for more information or to register interest. Please note this development has started and come with a 3 year rental guarantee.

There are still some details we are getting clarification on, but already the response to this development has been terrific. More info at Overseas Property Blog.

Regards

Lance
  #3  
Old 21-09-2008, 08:42 AM
HORIZON's Avatar
Senior Member
 
Join Date: May 2008
Posts: 122
Please update your flags here .

Users Flag! Interested in property in egypt
Default

Hi Lance,

What do you mean by located in Central Hurghada (new)? So is it Seqala, the new Promenade or smth else? It needs a nice plot to be build on which is nowhere in Sheraton..
  #4  
Old 22-09-2008, 06:27 PM
Flyerman's Avatar
Active Member
 
Join Date: Jan 2008
Location: UK
Posts: 33
Please update your flags here .

Users Flag! Interested in property in egypt
Send a message via Skype™ to Flyerman
Default



Zina Heights is in the newer part of Hurghada just off the new village promenade commonly known as the golden mile. Please see google earth image showing exact location.

It is south of Sakala and Al Dahar areas and south of downtown Hurghada in the newer part of the city. Many of the top hotels stretch along the coast in this part of Hurghada.

Payment Plan

The payment plan is 40% deposit followed by 6 payments of 10% each time every 4 or 5 months until completion. Completion is scheduled for August 2010.

The money goes to the lawyers holding account and is released to the developer when they are satisfied that enough work has been completed at that stage. At the moment the build is 45% complete and this will be verified in the due diligence that is being completed by the lawyer.

Building Progress


Building work is ongoing as we speak. I will be posting construction update photos on a regular basis

The due diligence and the contracts ready in a weeks time.

Rental guarantee

The 3 year rental guarante (6%, 7%, 8%) will commence when the building is complete and the hotel is operational – this will be 3 months (approx) after the building finishes.

Guarantee monies will be paid to investors annually in arrears.

Maintenance

The maintenance fee for year 1 is E800 fixed.

Hope this helps.

Regards,
Lance
  #5  
Old 22-09-2008, 06:45 PM
HORIZON's Avatar
Senior Member
 
Join Date: May 2008
Posts: 122
Please update your flags here .

Users Flag! Interested in property in egypt
Default

Looks good.

As I presume it is just near West Side Village...
  #6  
Old 22-09-2008, 06:59 PM
Flyerman's Avatar
Active Member
 
Join Date: Jan 2008
Location: UK
Posts: 33
Please update your flags here .

Users Flag! Interested in property in egypt
Send a message via Skype™ to Flyerman
Default

yes that's right, very near West Side Village.

Regards
Lance
 

Bookmarks

Tags
hurghada property, jet2let property, overseasprpertytalk, rental guarantee, zina heights

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Help needed Hurghada Lawyer 20 appartments mgsteveb Egypt property 11 04-06-2011 06:41 AM
Our trip to Hurghada philthecar Egypt property 24 07-07-2009 02:33 PM
Al Rivera Beach Front Projet In Hurghada realestatemart Egypt - Property For Sale in Egypt 8 21-09-2008 06:43 PM
Guidebooks favouring Sharm over Hurghada - implications Jon123 Egypt property 4 20-01-2008 06:48 PM
Damac Heights in Marina 90-storey tower for sale fcrs Dubai - Property For Sale in Dubai 0 08-08-2007 12:30 AM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS
Property Community is owned and operated by the MoveForward.com Limited group.


All times are GMT +1. The time now is 01:13 PM.

Egypt Property Forum
Egypt Property News
Unanswered Posts
Egypt Property For Sale
Egypt Rental Property
Cheap International Calls
Currency Exchange Tools

Premium Account Benefits
Premium Member Benefits

Sub Forums:

Australia Property ForumAustralia Property
Brazil Property ForumBrazil Property
Bulgaria Property ForumBulgaria Property
Dubai Property ForumCyprus Property
Dubai Property Forum
Dubai Property
French Property ForumFrench Property
German Property ForumGerman Property
Greek Property ForumGreek Property
Morocco Property ForumMorocco Property
Portugal Property ForumPortugal Property
Spanish Property ForumSpanish Property
Turkey Property ForumTurkey Property
UK Property ForumUK Property

Premium SubscriptionList Your Properties With a Premium Membership



Powered by vBulletin®
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO