INSIGHTS: HURGHADA ONE BEDROOM APARTMENTS

INSIGHTS: HURGHADA ONE BEDROOM APARTMENTS

Given the range of watersports, beach attractions available and all-year-round temperatures it’s no surprise that the market is bouncing back quickly following the January 25th revolution in 2011.

What is of surprise is the shift in appetite for one bedroom apartments. Hurghada is now one of our most sought-after destinations for one bedroomed property.

It has been interesting to watch our buyer’s behaviour evolve for the resort style investments over the last six years. Historically, the interest from both buyers and investors was in two bedroom properties with the assumption being that two bedroom properties offered greater versatility and potential for resale. However, during the last 18 months we have witnessed a trend towards smaller property sales in one bedroom and studio apartments.

Many buyers now view their investment as a lifestyle purchase favouring key locations and waterfront property, over actual plot or apartment size. The development of innovative design and furniture solutions has also enabled many of our one bedroom properties in Hurghada to comfortably accommodate four people. Investment opportunities in Egypt are broadening including smaller units in high-end and private beach projects.

Many of the beaches are in close proximity of our apartments allowing buyers to maximise time spent relaxing outdoors. Below we have selected some of our elite one bedroom properties in Hurghada:

The Royal Beach Resort

One bedroom property: absolute sea facing property.

Arguably the stand out resort property in Hurghada, the Royal Beach occupies a very rare and stunning location complete with its own private beach.

  • Family orientated beachfront resort.
  • Spectacular views of the Red Sea.
  • Perfect property for water sports enthusiasts/ families.

We have an exclusive top floor one bedroom property we can offer you for EGP 460400.65 (approx £43,500).

http://rivermeadglobalproperty.co.uk/property/tiba-gardens/

Soma House Suites

One bedroom property: executive suite

Well positioned private suites in close proximity of Hurghada International Airport as well as the town, new marina and public beaches.

  • High-quality interior.
  • Five minutes stroll to beach/ local amenities.
  • 24-hour security surveillance.

One bedroom executive property available for EGP 235509.54 (approx £22,000).

http://rivermeadglobalproperty.co.uk/property/soma-house-suites

West Side Village

One bedroom property: Penthouse apartment with private roof terrace. Complete and ready to occupy in a fantastic central location.

  • Located in a central position in the exciting new centre of Hurghada.
  • Offers fantastic views and a private bathing area.
  • Close to shops/restaurants/beaches.
  • Ideal holiday home or rental opportunity.

We have a fabulous penthouse one bedroom property that we can offer you for EGP 320614.12 (approx £29,950).

http://rivermeadglobalproperty.co.uk/property/one-bedroom-penthouse-with-roof-terrace/

About the author: Thomas Yates

After finishing his Business Management degree Tom was looking to join a progressive company where he had the opportunity to have his own ideas listened to and implemented. It was a case of being in the right place at the right time as Rivermead Global were looking at taking somebody on and in 2009 Tom joined the company. If you are looking at buying a property in Egypt or Turkey you have come to the right people. Read our Ultimate Guide To Buying Property In Hurghada