Tiba Palace - One bedroom apartments in Hurghada

Following on from the phenomenally successful Tiba Towers 2 (one of Hurghada's fastest-selling development in 2010) and its sister development, Tiba Heights, comes the developer's latest and most luxurious project to date - Tiba Palace. Located just 60m away from Tiba Towers 2, Tiba Palace shares its sister development's proximity from El Ahyaa public beaach and the new shopping mall which started construction in October 2010.

Larger than the developer's previous two projects, Tiba Palace benefits from a larger pool, together with a unique location surrounded by wide boulevards, meaning that the project is not over-shadowed by neighbouring developments so that every balcony has guaranteed sunlight throughout much of the day.

Despite these additional benefits, Tiba Palace shares the same extremely affordable prices as its sister developments, which means that you can own you very own place in the sun from just GBP6,015/EUR7,095 for a studio. Those looking for a larger sized apartment can buy a one-bedroom apartment from £10,047.00 or a two-bedroom apartment from £19,186.00. Availability of studio apartments and two-bedroom apartments are highly limited in this development, so please act today if you are interested in grabbing yourself a bargain as it is definitely a case of first-come/first-served.

Tiba Palace - Location
Tiba Palace is located in the fast growing area of Al-Ahyaa, which has been recently designated for extensive touristic development, with many hotels under construction. It is located 15km north of the current border of Hurghada, with the luxury resort community of El Gouna, with its PGA Championship golf course and Abu Tig Marina located just 10km in the opposite direction.

Hurghada International Airport and the town's downtown area are both just 20 minutes away by taxi. Locally, Tiba Palace benefits from an excellent location, just five minutes walk from the main public beach in the area. A new shopping mall, which will be the largest in the Hurghada area, anchored by a Carrefour hypermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.

Tiba Palace - Features and facilities
- Located just seven minutes' walk from a public beach
- Good location in the heart of the fast evolving Al Ahyaa area of Hurghada.
- Large swimming pool on site
- Gardens around the project
- Centralized satellite television, telephone and internet links to all apartments
- High speed internet to all apartments
- Elevators to all floors
- 24 hour security
- Ten years' builders' guarantee
- Low annual maintenance fee of just LE2000 (GBP220/EUR250)

Tiba Palace - Payment Schedule
- Reservation fee of LE5000 (GBP600/EUR670) refundable for 28 days.
- 40% deposit (less the reservation fee) due upon contract.
- 45% payable until 31 August 2012 in quarterly installments