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Palme Royale - luxury apartments Al Ahyaa

EGP£2,800,571

(EUR 54,300)

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Apartment / Flat 2 bedrooms
For Sale
Al Mansurah
Egypt

Palme Royale is probably the most prestigious development being undertaken in Hurghada today

Situated on an idyllic beach on 41000m2 land with a wide 340 metre sandy beachfront, Palme Royale exudes quality. It really is a development fit for royalty.

From the five-star aparthotel to the individual beachfront villas, the cluster of individual townhouses to the spectacular design of the ample studios, one and two bed apartments and penthouses, this project has been designed to attract the discerning few. At Palme Royale, you can delight in the lush tropical gardens with infinity pools merging into the blue ocean, relax in the health spa catering for your every need or shop in the myriad designer outlets which line the foyer.

The entire complex will be managed by an international Swiss hotel chain to ensure not only a quality experience at every level, but to guarantee that those looking to buy into Palme Royale mostly for investment purposes obtain the maximum possible rental returns.

For the first two years from launch, Palme Royale offers a 6% Guaranteed Rental Scheme. Following this initial period, once the area surrounding the resort is full developed, significantly higher returns than this are anticipated as rentals at such a high-class resort will fetch premium prices and occupancy levels of 80% are achieved by the majority of hotels in Hurghada all year round.

Palme Royale has just been launched, which means that it is currently in its pre-launch phase. During this period, the first fifty buyers of apartments will receive a 10% discount on the regular launch prices. Buyers need to move fast to take advantage of this offer as it is sure to sell out quickly.

So whether you are looking to purchase as a high yielding investment property, for a holiday home in a genuine five-star quality investment, or a combination of both, Palme Royale should be your first choice.

Location

Palme Royale is located in the fast-developing area of Al-Ahyaa, located 7km north of what is currently the northern limits of Hurghada.

The development looks out over its 340m width of private beach just metres from each apartment, offering spectacular sea views from the vast majority of apartments plus excellent swimming.

The entire area was recently zoned for extensive touristic development and is in the process of being transformed into Hurghada`s most upmarket area - a combination of four and five-star hotels, luxurious villas and top-end apartment buildings.

Hurghada centre and the town`s international airport are no more than 15 minutes away from Palme Royale by taxi.

Just under 15 minutes by taxi to the north is the town of El Gouna, which offers visitors the use of its PGA Championship golf course, Abu Tig Marina plus a vast array of upmarket shops, restaurants and bars.

* Firstline private, sandy beach 340m wide
* Stunning sea views from the vast majority of apartments
* German developer
* Large infinity pools
* All of the hotel facilities of a luxurious 5-star hotel including concierge and 24 hour room service operated by a leading Swiss hotel management company
* Restaurants, coffee shops and bars offering a variety of cuisines
* Upmarket shops and boutiques located within the complex`s private mall
* On site dive centre
* Private mooring for boats
* World class health club including a fully equipped gymnasium, sauna, etc.
* Lush tropical gardens
* Shuttle busy to Hurghada and El Gouna
* Underground parking
* 24 hour security
* Guaranteed Rental Scheme offering a return of 6% per annum for two years with significantly higher returns forecast after the initial period
* Four weeks personal usage per year
* Opportunities for fractional ownership
* Annual maintenance fees of EUR12/m2

Finishing

* Polished ceramic floors
* Tiling in kitchens and bathrooms
* Double glazed windows throughout
* Electrical installation
* Rendered walls painted
* Internal doors with locks
* All electrical power points and light switches
* Pre-installation for satellite TV and digital services
* Toilet, washbasin plus choice of wet room or luxurious bath
* Fully fitted luxurious kitchens including work surface and all units
* Ducted airconditioning units throughout as standard
* Furniture packs priced as follows:
Studio: from $15,908
One-Bed: from $20,493
Two-Bed: from $25,211
Penthouse: from $51,232

Prices: USD -(Phone number)-

Apartments: 51 - 196 m2 1-2 SZ - --(Phone number)-- Euro
Houses and Villas 186 m2 - 345 m --(Phone number)-- EUR

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