Properties overseas - Egypt
N 31323 Contact information: +7 (926) 236-7037, +7 903 7967498
Object:
     Kamareia Resort
Price:
     28.435K EUR 
Area:
     51 sq.m. 
Region:
     Egypt, Hurghada
Address:
     Mubarak 6
Description:
     Kamareia Resort is a luxurious, new, low-density development that is being built in one of Hurghada's most up market locations - nestling between the villas of Mubarаk 6, which are very popular with Europeans, and the exclusive villa district of Magawish.
     
     As opposed the majority of developments in Hurghada which contain five floors, the buildings at Kamareia contain just three. Containing perhaps the lowest density of buildings of any development in Hurghada, the large gardens at this resort give a feeling of openness and tranquility, despite the fact that it is located right in the heart of the town.
     
     Constructed in the classic Nubian style, similar to many of the buildings in the luxurious El Gouna resort, Kamareia features a combination of differing sizes of apartments and villas together with a hotel. Facilities including three large swimming pools, tennis courts and a health club give a variety of entertainment options inside the resort, with all of Hurghada's many attractions just a short taxi ride away.
     
     Location.
     Kamareia Resort is located in Hurghada's fashionable Intercontinental area, close to some of the town's most luxurious hotels such as the Intercontinental, Steigenberger and the Hilton Resort.
     
     To the north of the development is the villa district of Mubarаk 6, home to many of Hurghada's long term European visitors. To the south is the luxury villa district of Magawish, where many of Hurghada's elite have made their homes.
     
     The area is just a few minutes walk from the southern end of Hurghada's Village Road, which contains a wide range of entertainment options including the Hard Rock Cafe and Little Buddha.
     
     The development is only 800m from a public beach and marina. A free shuttle bus service will connect the resort to the beach and also to Hurghada International Airport, which is well under ten minutes away from the resort.
     
     Facilities & Benefits:
     • Just 800m from the beach
     • Three large swimming pools
     • Low density development containing a low ratio of buildings compared to the large area of landscaped gardens
     • Free shuttle bus service linking Kamareia Resort with the local public beach and also to Hurghada International Airport
     • Sports facilities including tennis court and five-a-side soccer pitch
     • Children's playground
     • Residents can use all of the facilities of the attached hotel including its bars, restaurants and coffee shops
     • On site shops including a supermarket and pharmacy
     • On site internet cafe
     • On site medical clinic
     • Health club
     • Private parking spaces
     • Centralized satellite television
     • High speed Internet to all apartments plus wifi
     • Public reception area
     • 24 hour security
     • Full management service available
     • Maintenance fee of EGP60 (around GBP6.50)/m2 per annum (revised every two years)
     
     Prices.
     Studios 51 – 79 m2 from 28435 – 44046 EUR
     1 bedroom apartments 53-104 m2 from 29642 – 57985 EUR
     2 bedroom apartments 104-137 m2 from 57980 – 71829 EUR
     
     Most of the ground floor apartments come with large private gardens; many of the second (top) floor apartments have private roof terraces.
     
     All of the two-bedroom apartments can be easily converted into two-bedroom/two-bathroom units for an additional price of around GBP1500.
     
     Completion.
     
     Completion of Kamareia Resort began in 2007. Completion of Phase One of the resort is scheduled for December 2009. Completion of the entire resort is scheduled for mid 2011.
     
     Payment Schedule.
     • 40% deposit payable upon contract.
     • 25% three months following signature of contract
     • 25% six months following reservation
     • 10% upon completion
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