Oasis Marina - Two bedroom apartments in Hurghada
Property Details
| reference | EGERHUOM02 |
|---|---|
| Sale price | £73,750 |
[ Convert this price] |
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| Development | Oasis Marina |
| Region | Hurghada |
| Country | Egypt |
Further Information
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Property Description
Welcome to Oasis Marina ... A slice of Paradise... Interest free payments... Guaranteed rentals... 12 weeks usage. See below payment details; pay 60% of purchase price, the balance is paid via rental guarantee.
Buyers who are able to pay for the apartment outright within a period of eight weeks from contract can obtain a 20% discount from these prices.
Oasis Marina is an exciting new beachfront development located in the fast emerging Al-Ahyaa area between Hurghada and El Gouna.
Benefitting from a vast private beach on the opposite side of the new promenade from the development, the project consisting of just 660 apartments and a hotel. This ensures that there is more than enough room for everyone to enjoy the wide, golden beach and the unspoiled turquoise waters of the Red Sea.
With a wide range of apartment sizes ranging from 32m2 studios up to 100m2 two-bedroom units, there is something suitable for everyone on this development. Units are supplied either on a finished or a turnkey basis, allowing buyers to move in straight away without the hassle of having to source all their own furniture.
Better still are the wide range of payment options available. Cash buyers will be attracted by the fact that there are up to 25% discounts for fast payment. At the opposite end of the scale, those needing longer to pay will be attracted by a unique deal whereby buyers only need to pay 60% of the purchase price in cash over the course of the build of the project, with the remaining 40% being covered by a guaranteed rental scheme over a period of five years.
As well as seeing an excellent return on investment, everyone taking advantage of the Guaranteed Rental Scheme also gets 12 weeks personal usage per year - a lot more than the 4 weeks offered with the majority of Guaranteed Rental Schemes. Those not needing all 12 weeks can rent them out, increasing their rental returns still further.
Oasis Marina – Location
Oasis Marina is located in the fast developing Al Ahyaa district to the north of Hurghada, just 3km from the luxury resort of El Gouna, famed for its lagoons, marina and PGA Championship golf course.
The centre of Hurghada with its wide variety of shops, clubs and nightlife, is a little over 15 minutes away by taxi, as is Hurghada International Airport.
This frontline beach development is in a newly zoned area in front of a promenade which stretches around the bay, allowing visitors to stroll along the beach for miles, enjoying the view.
Oasis Marina – Features and facilities
- Frontline property with access to own private beach
- Beach front and sea view for over 70% of apartments
- Large, heated swimming pools with children's sections
- Large communal roofs with breathtaking sea views
- 10 year construction apartment warranty
- All properties are completed to European standards
- Ten minutes from the PGA Championship golf course in El Gouna
- Main reception area offering hotel style service
- Health club plus beauty and gym sections
- Diving and Aqua centres including kite surfing
- Four restaurants offering a variety of cuisines
- Various shops including mini market, pharmacy, cafe bar with Internet business center
- Laundry service which also offers rental changeovers
- Pickup service including airport collections
- Sight-seeing tour operator
- Key handling rental management service
- Satellite and telephone points plus air conditioning units and fitted kitchens pre-installed
- Management fee guaranteed capped for 3 years
- Full post service maintenance and repair service
- Manned 24-hour gated security
- Annual maintenance fee of £800 per year
Oasis Marina – Payment schedule
Regular Payment Plan
This applies to units that are bought with standard finishing:
- 20% reservation fee (fully refundable up to 30 days from reservation)
- 20% within 8 weeks of signing the contract.
- 60% upon completion.
20% Discount Option
To obtain a 20% discount on either the standard finishing or complete turnkey solution prices, buyers would need to make the following payments:
- 20% reservation fee (fully refundable up to 30 days from reservation)
- 50% within 8 weeks of signing the contract.
- 30% within 30 weeks of signing the contract.
Guaranteed Rental Option
Perhaps the most interesting option, and one that is unique to Oasis Marina, is the Guaranteed Rental Option. This is only available on full turnkey packages.
Under this system, buyers pay only 60% of the price of the property in cash. The remaining 40% is paid by the developer through renting out the property for 40 weeks per year for a period of five years. The remaining 12 weeks per year are available for use by purchasers.
The payment schedule for this option is as follows:
- 20% reservation fee (fully refundable up to 30 days from reservation)
- 20% within 8 weeks of signing the contract.
- 20% upon delivery.
- 40% covered by rental income for the following five years
Please note; not all units qualify for the guaranteed rental option. Call us and request your quotation on the available units. We have recently visited this development. Therefore, we can supply our independent assessment of the development, location and investment potential etc.
Oasis Marina - Completion date
Construction on Oasis Marina started in July 2008. Completion of Phase One is scheduled for early 2010. The entire resort is scheduled for completion in December 2010.
Buying property on the Red Sea - Why Choose to work with Offplanworld?
We believe in providing our clients with a professional and personalised service. We do not believe in 'pushy' sales staff, and will always provide you with honest and impartial advice. By doing this, we allow you to make informed decisions which are best suited to your individual requirements.
There are no charges for our services, and as we work with all the major developers throughout the Red Sea region, we are able to provide you with a wide portfolio of property throughout the region. There is no difference in the price in purchasing through Offplanworld as against directly with the developer, and we ensure all special offers and promotions are passed directly through to you the client.
Our focus on providing a friendly and professional service, has ensured that the vast majority of our business is done through existing clients and referrals. However, we are always happy to talk with new customers, and our property consultants are always available to answer any queries you may have regarding the property on our website.
You can contact us via the short enquiry form, or by emailing our team of property consultants on enquiries@offplanworld.tv. We look forward to hearing from you!
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