Tropicana Residence - Two bedroom apartments for sale in Hurghada, Egypt.

Tropicana Residence is the perfect purchase for any buyer who is looking to be right in the heard of Hurghada's vibrant town centre of Sekalla/Hadaba, as it is just a short ten minute walk right to the heart of the Sheraton Road, with Hurghada Marina just another ten minutes from there, putting all of Hurghada's best bars and restaurants well within walking distance.

Despite this development's central location, Tropicana Residence is situated in a very quiet part of town, right at the top of Hadaba Hill, meaning that there is no noise from any of the main roads. Another advantage of its location is that there are beautiful panoramic views over the town and the sea from the roof terrace and many of the apartments on the top two floors.

Despite all of these benefits, apartments at Tropicana Residence are far from expensive, with one-bedroom apartments starting from GBP13,883/EUR15,500 and two-bedroom apartments starting from GBP18,400/EUR20,548.

As well as being excellent holiday homes for those wishing to be right in the centre of Hurghada, apartments in this area also see excellent longterm rental returns of 10% and more because so many Hurghada residents need the convenience of having everything that they need within walking distance.

Tropicana Residence - Location
Tropicana Residence is located right in the very heart of vibrant Hurghada, just ten minutes' walk down the hill to the Sheraton Road running through Sekalla, where there is a wide variety of Hurghada's best bars, restaurants and shopping to choose from.

Just on the opposite side of the Sheraton Road are several options for beach access, either for free or for nominal charges.

The exclusive nightlife and entertainment options of Hurghada Marina are just a 20 minute walk from here. Hurghada International Airport is just ten minutes' from here by taxi - probably the only time you will need to take a taxi for such a central location.

Tropicana Residence - Features and facilities
Located just ten minutes' walk from the Sheraton Road - the thriving centre of Hurghada
Good hilltop location offers quiet surroundings and a cooling breeze
Stunning seaviews from upper floors and rooftop terrace
Communal roof terrace with jacuzzi, pergolas, roof garden and sunloungers
Centralized satellite television, telephone and internet links to all apartments
Elevator to all floors
24 hour security
Ten years' builders' guarantee
Incredibly low annual maintenance fee of just $200 (GBP125/EUR140)

Tropicana Residence - Payment Schedule
Option A
Reservation fee of $2000 (GBP1250/EUR1400) refundable for 30 days.
90% deposit (less the reservation fee) due upon contract.
10% due upon handover

Option B
Buyers also have the option of paying over the 12 months' build period in quarterly installments for a supplement of 5% on top of the standard prices for cash.

Reservation fee of $2000 (GBP1250/EUR1400) refundable for 30 days.
40% deposit (less the reservation fee) due upon contract.
Four quarterly installments of 12.5%
10% due upon handover

Completion
Construction on Tropicana Residence started in 2010. The development is scheduled for completion in April 2012.

There following floor plans are available for this property