Properties overseas - Egypt
N 3461 Contact information: +7 (926) 236-7037, +7 903 7967498
Object:
     Residence "Harmony Lagoon"
Price:
     41.086K USD 
Area:
     37 sq.m. 
Region:
     Egypt, El Gouna
Address:
     
Description:
     Harmony is a luxurious 5* resort located in a prime beachfront location in the fast evolving Al Ahyaa district of Hurghada, just minutes from the luxurious marinas, golf courses and lagoons of El Gouna and the bustling centre of Hurghada.
     
     Harmony is a resort which caters for everyone's needs, from those wanting a simple holiday home to those wanting to spend months enjoying the sunshine or wishing to retire.
     
     The resort is situated in a new zoning area, meaning that all plots cannot be built in front of a promenade. The advantage of this over other beachfront plots is that you can walk besides the sea on the promenade in front of all the hotels and projects in the new zoning area, which is something that is not possible in other parts of Hurghada or Al Ahyaa as this new system was not in place when developers built right on the beach, so sea views are blocked.
     
     Harmony Lagoon Resort has just been relaunched, with a special offer whereby the first 50 buyers will get a special 15% discount from the launch prices. This makes Harmony Lagoon Resort currently the most affordable first line beachfront development in Hurghada today, with prices starting from under GBP600/m2. This makes the cheapest units extremely affordable, with prices starting from just GBP20,000/EUR23,000. Harmony Lagoon Resort also offers generously long payment terms, with only 50% to pay in the first 12 months.
     
     Guaranteed Rental Scheme with returns of 7-9% per annum over a three year period.
     
     Featuring a wide variety of apartment types and sizes at highly affordable prices, Harmony is the perfect choice for anyone looking at investing in frontline property.
     
     Location.
     Harmony Lagoon Resort is located in the fast developing Al Ahyaa district to the north of Hurghada, just 2km from the luxury resort of El Gouna, famed for its lagoons, marina and PGA Championship golf course.
     The centre of Hurghada is a little over 15 minutes away by taxi or Harmony's free shuttle bus, 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.
     
     Facilities & Benefits:
     • Frontline property with access to own private beach
     • Sea views from most apartments
     • Just 2km from the golf courses, marinas and lagoons of El Gouna
     • Central area with four large swimming pools and lagoons
     • Exclusive, stylish design from a top architect
     • Shuttle bus to central Hurghada
     • Aqua centre for water sports
     • Diving centre
     • Pier for swimmers
     • Children's play area and swimming pools
     • Landscaped gardens
     • Cafes and restaurants
     • Shopping centre
     • Supermarket and pharmacy
     • Health club with fully equipped gym
     • Laundry service
     • Internet cafe
     • Excursion centre
     • Wifi internet access
     • Property management and full rental service
     • Guaranteed Rental Scheme offering 7%pa in year 1, 8%pa in year 2 and 9%pa in year 3, with 4 weeks per year personal usage
     • Furniture packs available from GBP5500 for a studio, GBP6995 for a 1-bed and GBP8995 for a 2-bed
     • Annual maintenance fees of GBP700-1000 per annum
     
     Prices.
     Studios 33-37 m2 from 22827 – 48563 EUR
     1 bedroom apartments 47-68 m2 from 36364 – 58099 EUR
     2 bedroom apartments 78-106 m2 from 79585 – 86850 EUR
     3 bedroom apartments 118 m2 from 164445 –166562 EUR
     
     Prices include full air-conditioning (costing an additional GBP500-700 per room in many other developments) plus a fully fitted kitchen (worth an additional GBP1000).
     
     Harmony Lagoon Resort is currently in its pre-release phase, which means that all prices are currently discounted by 15% off the standard release prices. This offer only applies to the first 50 buyers, so get in quick if you would like to take advantage of this very generous offer.
     
     Completion.
     
     Construction on Harmony Lagoon Resort recommenced in February 2009. Blocks C, D and E will be completed in February 2011. Blocks A and B will be completed in February 2012.
     
     Payment Schedule.
     
     Harmony Lagoon Resort offers a choice of three highly generous payment schemes for buyers to choose from:
     
     Option One
     • GBP2500 Reservation fee (fully refundable up until contract)
     • 35% Upon signing contract, less the GBP2500 reservation fee (payable within 28 days of the reservation)
     • 15% Six months after signing contract
     • 15% Twelve months after signing contract
     • 25% Eighteen months after signed contract (24 months in the case of blocks A and B)
     • 15% Upon completion
     
     Option Two
     • GBP2500 Reservation fee (fully refundable up until contract)
     • 90% Upon signing contract, less the GBP2500 reservation fee (payable within 28 days of the reservation)
     • 10% Upon completion
     Buyers opting for Option Two benefit from a 10% discount from the purchase price.
     
     Option Three
     • GBP2500 Reservation fee (fully refundable up until contract)
     • 45% Upon signing contract, less the GBP2500 reservation fee (payable within 28 days of the reservation)
     • 45% Six months after signing contract
     • 10% Upon completion
     Buyers opting for Option Two benefit from a 5% discount from the purchase price.
     
     Option Four
     
     • GBP2500 Reservation fee (fully refundable up until contract)
     • 35% Upon signing contract, less the GBP2500 reservation fee (payable within 28 days of the reservation)
     • 65% payable over a period of two to five years in quarterly and annual installments.
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