Studio in Hurghada, Intercontinental, in Green Plaza compound

Studio apartment in a new, finished complex in the Intercontinental area. The complex features a gated community, security, a swimming pool, and a recreation area. The building has an elevator.
The studio is on the ground floor with access to the pool. The apartment is sold fully finished, with plumbing, electrical wiring, Turkish-style entrance and interior doors, and high-quality windows. It is fully furnished and equipped with new appliances.
Sale directly from the developer, with no overpayments or additional commissions. The price includes a lifetime service fee for the building, equal to 7% of the property value. This is a one-time payment (this is a lifetime fee for the building maintenance). Monthly payments thereafter are for electricity and water only, as consumed (as per the meters).
Near the building are several supermarkets, pharmacies, a gym, a beach, a promenade, a hospital, and the Russian consulate. This is one of the closest areas to a Russian school and kindergarten (training under the program of the Russian Ministry of Education). Intercontinental area is renowned for its more balanced street and residential layout compared to the old part of the city. A major hotel with water parks is being built in the area, which has already driven up commercial real estate prices; in the coming years, residential prices in this area are expected to rise faster than the Hurghada average.
The apartment is suitable for both residential and rental use, as well as for investment for re-sale.
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