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Palma Resort Hurghada

Discussion in 'Egypt property' started by queenie40something, Mar 16, 2008.

  1. queenie40something

    queenie40something Senior Member

    Hi all

    Has anyone bought or considered buying at the 5 star Palma Resort.

    Phase 1 is completed and sold and phase 2 is due for completion summer 2009
    It appears to be halfway between Downtown Hurghada and El Gouna..

    The resort will have private and exclusive beach, private jetty, onsite dive, kite and windsurfing, beachside bar and bistro, piano bar, 2 large heated pools and childrens pool, shutle bus to name a few.

    Prices start from £24,900 and rise to £116,300.
     
  2. lyndsay552

    lyndsay552 New Member

    It seems like a nice development. Must be near us at Oasis Resort?

    Some of the apartments look a strange shape but I suppose they are trying to make the best use of the space.

    Are you thinking of buying another one Queenie?

    Lyndsay
     
  3. queenie40something

    queenie40something Senior Member

    I wish!! No just having a nose around to see what other developments look like.
     
  4. lyndsay552

    lyndsay552 New Member

    I'm as bad! It gets very addictive!!
     
  5. NeilHollingsworth

    NeilHollingsworth New Member

    Hi Queenie, here are some photos of Palma Resort for you.

    Apartment building with big pool.jpg

    Cafetiera.jpg

    Village.jpg
     
  6. queenie40something

    queenie40something Senior Member

    Thanks Neil - it does look very nice I must admit.
     
  7. NeilHollingsworth

    NeilHollingsworth New Member

    It does and has its own private beach.
     
  8. queenie40something

    queenie40something Senior Member

    I noticed that Neil and a private jetty both of which are a bonus.
     
  9. lyndsay552

    lyndsay552 New Member

    Any idea of it's exact location? I'm guessing it's near Regency Beach.

    Lyndsay
     
  10. NeilHollingsworth

    NeilHollingsworth New Member

    Hi Lyndsay does this help?

    LocationDevsGoogle.jpg
     
  11. lyndsay552

    lyndsay552 New Member

    Thanks Neil,

    Thats another pin for my google map.

    The brochures look very impressive.

    Thanks again

    Lyndsay
     
  12. as the danes are involved in the build it sure does look impressive..

    its no wonder they charge 9quid a pint over in copenhagen.. ive no ikea why these scandinavians charge so much lol
     
  13. lyndsay552

    lyndsay552 New Member

    Photos

    Some photos I took at Palma Resort last week.

    P1010382.JPG

    P1010383.JPG

    These where taken from the completed first phase.

    Phase 2 is well under construction

    Lyndsay
     
  14. MrSkipsey

    MrSkipsey New Member

    Isnt this the same architech who has designed hania?
    The picure of the pool in the first group is on a few websites promoting Hania Beach.

    Must say,...I like the rendering and brick work.
     
  15. HORIZON

    HORIZON New Member

    Palma Resort Phase 2

    Dear all,

    Developer decided to redesign the available 2 bedroom 125 sqm sea view apartments into studios, of course splitting current prices.
     
    Last edited by a moderator: May 28, 2008
  16. Yes, I bought off plan at Palma Resort, it seemed to be one of the few at the time of purchase that would get totally finished with beautiful landscaping as the Danish builder actually lives on the site and had a vision to complete it properly, our 3 bed/3 bath duplex is right at the front on the beach and has doubled in value in 15 months. Come end of 2009 I feel it will be a beautifully finished complex with a lot of what Egypt is missing "Attention to Detail!"
     
  17. HORIZON

    HORIZON New Member

    By the way in the back of the project for those especially who have mountain view (please note they have nice sunsets to observe) the developer will develop a landscaped area with several villas/chalets. Also from both sides of the development you actually have existant neighbours: on the right there is el Khayam village (villa complex) which will be redesigned with fountains and landscape, on the left - hotels. Guess who the hotels will turn to if they are overbooked - to the nearby resorts I presume, so the rental potential is also big.
     
    Last edited by a moderator: May 28, 2008
  18. Yes, this is correct, it just goes to prove that these developers are passionate about landscaping, anyone wishing to visit the site and speak to Bil Al or Shedwen will immediatly realise their passion for this prestige project, both owners live on site, so high standards will be maintained for the future
     
  19. wemyss1960

    wemyss1960 New Member

    very good investment

    Congratulations on your investment - looks great!

    regards

    Stuart

     
  20. I bought a 3 bed/3 bath duplex right on the beach, I was initially impressed by the passion and commitment of the Danish constructors, and the fact that they were to also live on the project, which meant that everything would be finished to a very high standard. Our duplex is situated front line beach and since we bought it 15 months ago it has doubled in value. The project is in 3 phases and work is now going on with phase 3 which will complete the site in mid/late 2009, I think I'm right in saying there are a few appartments left for sale in the final phase, certainly worth a look.
     
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