Waterhouse Is Hurghada Property Highlight

Posted on November 7, 2008
Filed Under Africa

This superb development has a wealth of facilities for your indulgence right on the Red Sea coast in Hurghada, the thriving tourist and property investment hotspot zone, but you will be pleased to know that the Waterhouse project has its own private beach and a wealth of facilities.

The resort boasts an excellent Aqua centre for water sports including a diving centre with diving school, equipment rental and safari-trips. The resort also has a dock for private boats & diving and a marine footbridge for swimmers.

The central area of the development itself has 3 spacious swimming pools surrounded by nice green and lush landscaped gardens as well as a children’s playground.

The resort also offers private gardens, a gym and a range of retail units including a supermarket, restaurants and cafes. The resort also has 24 hour medical facilities and a pharmacy as well as all the usual amenities like a laundrette.

This is an excellent Egypt property investment opportunity, the main investment points as of November 2008 are as follows.

Investment points

Fantastic capital appreciation
High rental income up to 1400 per week anticipated
Easy payment structure
10% initial payment
100% repatriation of funds
0% inheritance tax
Income tax reduced to 10% – 20%

Hurghada
Hurghada, known in Egypt as Ghardaga, located 440km from Cairo was at one time just a simple fishing village. But now, with its crystal clear water, untouched reefs and a number of shipwrecks , it has become one of the best Egyptian tourist destinations, frequented by travellers from most of thye main western European countries and some eastern European including Russia.

Hurghada town centre features traditional bazaars, mosques and the lively atmosphere reflects typical Egyptian life.

Hurghada is world famous as a centre for a selection of the world’s best diving. Within a couple of hours from your apartment you will be within a group of islands that are the home to dive sites guaranteed to astound even the most experienced divers.

Type of properties
The resort offers 3 types of Hurghada properties, 3 bedroom villas, studios & 1 bedroom apartments.

3 bed villa
The 3 Bedroom Villas are very luxurious and have 3 floors, the ground floorhas a lush garden leading to the main entrance of the villa where you will find the living room, kitchen, laundrette, guest bathroom, and multipurpose room.

On the first floor is where you will find the master bedroom with on suite bathroom along with another two bedrooms and a bathroom with additional shower cabin.

The third floor features open air environments including a Solarium, Barbeque, and Pergola.

One Bedroom Apartment
The Waterhouse one bed apartments are situated on a private beachfront location with the total access to all the resorts facilities including 3 swimming pools, spa & gym, games room and landscaped gardens.

Studio apartment
The Waterhouse studio apartments are also situated in a prime location with good access to the private beach and the full range of resort facilities.

The waterfront project is one of the newest and finest Hurghada properties to be released onto the market and offer potential holiday markers and property investors an excellent opportunity to own a premier property right on the Red Sea in a superb location.