Palme Royale is finally ready for launch; this will be a truly incredible project just 30 metres from the sparkling blue waters of the Red Sea.
The Developers of Palme Royale are fanatical about the quality of construction and from the double glazed windows to the fully equipped gymnasium and infinity pools - there will be an attention to detail which has never previously been seen in Egypt.
Visit http://www.palme-
For investor clients the payment terms are very attractive; 40% on contract, 10% in April 2010 followed by a further 10% every 6 months and the final 10% on completion in July 2012.
Due Diligence documents are available for the entire project, together with copies of the Purchase Contract.
The project will benefit from a two year rental guarantee at 6% per annum; following this initial period the management company will operate a rental pool for all owners which is anticipated will generate returns of at least 10% per annum net.
The entire project will be managed by Swiss Hotels International, one of the Worlds leading hotel operators. Insurance for the entire project and even for clients visiting the site will be provided by Allianz Insurance who are also partners in the project.
Property prices start at 42,500 GBP for a one bed apartment up to 280,000 GBP for a 196m2 absolutely front line penthouse. The individual villas are 345m2 built area with an underbuild (cellar) of approx 150m2. The villas have three bedrooms, plus a maids room, together with a private infinity swimming pool, garden and private beach area. It is expected that private mooring facilities will also be available once approval has been granted.
There are 27 townhouses which, together with the villas make up a seperate beachfront community. The townhouses are 245m2 and have communal pools and a private garden. Prices for the townhouses and Villas start from 245,000 GBP up to 780,000 GBP for the villas.
The first 50 buyers will be offered a 10% discount off the pre-launch prices - so if you are interested then now is the time to act to secure this extra benifit.
http://www.palme-
Summary of Palme Royale, Hurghada
• Five Star Plus Resort just 5km North of Hurghada
• 400 Luxury Beachfront Apartments
• 180 Five Star Hotel Suites
• 27 Luxurious Townhouses set in Tropical Gardens and with their own Pool
• Five Absolutely Stunning Front Line Beach Villas just 30 metres from the Waters Edge.
• 10% Discount to the First 50 Buyers
• Option of 6% Rental Guarantee on Apartments for First Two Years
• Professional Management by established Swiss Hotel Chain
• Luxury Health Spa, Dive Club & Infinity Pool
• Designer Shops & Restaurants in Private Mall
• Attractive Payment Terms
Hurghada Airport Guide
Visit - http://www.hurghada-
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