Where are the Tiba Developments?
Tiba Towers 1 was the original and first completed Tiba Development, this is located just off Sheraton Road in Old Town Hurghada. However the more recent of the Tiba Developments that are being built, some already complete, are in the Al Ahyaa region of Hurghada. Currently compared to central Hurghada, Al Ahyaa is less developed. However there are already lots of things that point towards Al Ahyaa being a great place to be investing your money to see very strong returns over the next 5 years. There is a large shopping mall currently under construction that will house not only a large supermarket, but also small boutiques and many restaurants and food/drink areas. The infrastructure is being improved and many developments, such as the Tiba ones and Royal Beach due completion within 12-16months. As Al Ayhaa becomes the bridge between central Hurghada and El Gouna, capital growth and rental potential are both set to grow a great deal. There is a public beach just 5-7 minutes walk away from the Tiba developments.
Finish of the Tiba Developments
I have attached a few photographs of Tiba Towers 2 from when Rivermead Global where there in June (2 months before completion), though I think you need to see it in person to really appreciate the quality. You get UPVC windows, patio doors with mossie nets, all light fittings included, tiled bathroom and kitchen area, quality ceramic floor tiles and very good quality front and internal doors and wood work. There is also a communal roof terrace for residents to use. Have a look at the YouTube video we took in June (2 months before Tiba Towers 2 was complete) This will give you some indication of the quality of finish you can expect from the Tiba developments
Completion Dates of the Tiba Developments
There are several Tiba Developments currently under construction and others complete. Here is the current list of the developments and also the completion dates of each. However, as the Tiba projects are being put up quickly, already completion dates are being brought forward. For example, Tiba Heights is now looking at a December 2011 completion date.
LATEST RELEASE – TIBA PARADISE – APRIL 2013