Cheapest Apartment in Hurghada

Looking for an investment then Tiba Star is it. The Tiba developments in El-Ahyaa - consist of Tiba Towers 2, Tiba Heights, Tiba Palace and Tiba Gardenand now Tiba Star. These four developments completely changed the market in Hurghada, as they offered almost unbeatable value-for-money in terms of all of the faclities that holidaymakers require only a few minutes from a public beach at prices that have not been seen since 2007.

These developments have been so successful that they have been selling very fast, leading to some disappointment among some buyers who missed out on the best of the units from the last Tiba project to be launched - Tiba Garden in December 2010.

As a result, we are glad to announce the launch of the latest Tiba project in the form of Tiba Star.

Tiba Star offers all of the advantages and benefits that buyers of the Tiba brand have come to expect. Located right next to Tiba Towers 2, Tiba Star is also less than five minutes" stroll from the public beach and also benefits from the largest pool of any of the Tiba projects.

Most importantly, Tiba Star shares the same unbeatable prices as its sister projects, with studio apartments starting from as little as GBP6570/EUR10,356. Buyers looking at larger apartments can also choose from one-bedroom units from GBP10,753/EUR16,950 or two-bedroom apartments from GBP23,226/EUR36,611.

Not only does the Tiba brand offer great value for money, but it also offers great reassurance for those nervous of buying offplan property. Tiba Towers 2 is already nearing completion and the other three projects are also on or ahead of, schedule.

So don"t miss out, reserve quickly in order to make sure that you grab one of the best located apartments on the development today.

Location

Tiba Palace is located in the fast growing area of Al-Ahyaa, which has been recently designated for extensive touristic development, with many hotels under construction.

It is located 15km north of the current border of Hurghada, with the luxury resort community of El Gouna, with its PGA Championship golf course and Abu Tig Marina located just 10km in the opposite direction.

Hurghada International Airport and the town"s downtown area are both just 15 minutes away by taxi.

Locally, Tiba Palace benefits from an excellent location, less than five minutes’ walk from the main public beach in the area. A new shopping mall, which will be the largest in the Hurghada area, anchored by a hypermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.

Facilities & Benefits
•Located just five minutes" walk from a public beach
•Good location in the heart of the fast evolving Al Ahyaa area of Hurghada.
•Largest swimming pool from all the Tiba projects
•Gardens around the project
•Centralized satellite television, telephone and internet links to all apartments
•Communal roof terrace with sea views, pergolas and sunloungers
•Elevators to all floors
•24 hour security
•Ten years" builders" guarantee
•Low annual maintenance fee of just LE2000 (GBP220/EUR250)

Payments for this development are payable in GBP, EUR, USD or EGP.

Finishing
•Polished ceramic tiles throughout
•Tiling in bathrooms and kitchens
•Windows and doors installed throughout
•Rendered walls painted
•Electrical installation with power points and light switches
•Pre-installation for digital TV and telephone sockets
•Stainless steel sink with mixer taps in kitchen area
•White porcelain sanitary fittings in bathroom (toilet, sinks and bath/shower) with mixer taps
•Pre-installation for air conditioning.

Completion

Construction on Tiba Star will start in May 2011. The development is scheduled for completion on 31 December 2012

Payment Schedule
•Reservation fee of LE5000 (GBP600/EUR670) refundable for 28 days.
•40% deposit (less the reservation fee) due upon contract.
•45% payable until 31 December 2012 in quarterly installments
•15% upon completion