Giftun View is an intimate and exclusive new development consisting of less than 30 apartments in the Arabia district of Hurghada featuring stunning views of the Red Sea and Giftun Island beyond at exceptionally affordable prices. Completion February 2009
One-bedroom apartments of 66-72m2 from GBP26,806/ EUR31,631
Four-bedroom apartments of 135m2 from GBP56,006/EUR66,087
Overview
Giftun View is an intimate and exclusive new development consisting of less than 30 apartments in the Arabia district of Hurghada – a quiet location, but one that is just five minutes from the thriving heart of the town.
This project is an ideal one for anyone who is looking for stunning sea views on a budget as each unit in the building offers excellent views of the crystal blue waters of the Red Sea and the famous nature reserve of Giftun Island beyond.
With prices of under GBP430/m2, meaning that a good-sized one-bedroom apartment can be had for under GBP27,000/EUR32,000, Giftun View is the perfect choice for the budget conscious buyer.
It is also an excellent project for anyone who does not want to wait too long for delivery of their apartment as construction is nearing completion and there is a show apartment already for inspection.
Location
Giftun View occupies an enviable location in Hurghada’s Arabia district, containing many of the most popular hotels in Hurghada, such as the Grand Azur, Arabia and El Palacio resorts and benefits from being quieter than the main tourist centres while providing excellent sea views.
All of the entertainment facilities of downtown Hurghada are just a couple of minutes away by taxi, including the trendy new Hurghada Marina which features a host of luxury shops and restaurants.
Divers will appreciate the fact that one of the most popular docks for diving boats is just two minutes’ walk from Giftun View. Hurghada’s historic fish market, boatyards and the ferry to Sharm el-Sheikh are less than ten minutes’ walk.
Hurghada International Airport is also only an 8 minute taxi ride away from here.
Just 100m from a beach
Stunning sea views from all apartments of the Red Sea and Giftun Island beyond
Private beach access through one of the local hotels at modest fees (TBC)
Close proximity to one of Hurghada’s busiest diving docks
Centralized satellite television
24 hour security
Ten year builder’s warranty
Maintenance fee: One-time payment of EGP15,000 (around GBP1,500) refundable upon sale.
Prices
|
Type
|
m2
|
Unit #
|
GBP
|
EUR
|
USD
|
EGP
|
|
1-bed
|
70
|
5
|
26806
|
31631
|
39941
|
220500
|
|
1-bed
|
69
|
4
|
35231
|
41573
|
52494
|
289800
|
|
1-bed
|
66
|
3
|
35806
|
42251
|
53350
|
294525
|
|
1-bed
|
72
|
2
|
50549
|
59648
|
75318
|
415800
|
|
1-bed
|
72
|
1
|
52847
|
62359
|
78742
|
434700
|
|
4bed/2-bath
|
135
|
6
|
56006
|
66087
|
83449
|
460688
|
Cash buyers can obtain a discount of 5% from the prices above by paying 100% upon contract.
Finishing
- Polished ceramic floors
- Tiling in kitchens and bathrooms
- Windows and doors installation
- Electrical installation
- Rendered walls painted
- Internal doors with locks
- All electrical power points and light switches
- Sockets for internet and telephone
- Granite work surface in kitchen, plus stainless steel sinks with mixer taps
- Ideal Standard toilet, washbasin and shower
- Marble vanity shelf, extractor fan and ceramic wall tiles in bathroom
Layout – Apartment #1 (one-bedroom of 72m2)
Layout – Apartment #2 (one-bedroom of 72m2)
Layout – Apartment #3 (one-bedroom of 66m2)
Layout – Apartment #4 (one-bedroom of 66m2)
Layout – Apartment #5 (one-bedroom of 70m2)
Layout – Apartment #6 (four-bedroom/two-bathroom of 135m2)
Payment Schedule
- 10% reservation fee (fully refundable until signature of contract)
- 40% upon signing contract (within 15 days of reservation)
- 20% two months following signing of contract
- 20% four months following signing of contract
- 10% upon completion
