1+1 Apartment in Hurghada, Intercontinental, Green Plaza compound

$
55500.00
This apartment is in a new, finished complex in the Intercontinental area. The complex features a gated community, security, a swimming pool, and a relaxation area with sun loungers. The building has an elevator.
The apartment is on the second floor and overlooks a landscaped street. It is sold fully finished, with plumbing, electrical wiring, Turkish-style entrance and interior doors, and high-quality windows. It is unfurnished.
Direct sale from the developer, with no overpayments or additional commissions. The price includes a lifetime service fee for building maintenance, equal to 7% of the property's value. Monthly payments thereafter include electricity and water 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 Russian Ministry of Education program).
Rain Intercontinental 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 resale.
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Buy / Rent: Buy

Apartment / Villa: Apartment

Hurghada district: Intercontinental

Bedrooms: 1

Private Beach: No

Sea View: No

Swimming Pool: Yes

From the developer: Yes

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