Nile House Hurghada Red Sea

Nile House Description

Nile House is ideally located close to the coastline in Hurghada’s very popular area of Al Ahyaa. This development consists of 1 apartment and 7 commercial outlets occupying the ground floor and 20 apartments split between the following 4 floors. The apartments vary in size with a choice of Studio, 1 or 2 bedroom styles.

The development is situated on 2 streets giving nearly all apartments open space views and all apartments will have personal balconies. Nile house also has many roof top facilities like Sauna, Jacuzzi sunbathing area and BBQ kitchen.

Other great advantages of Nile House are Elevator to all floors, 7 commercial outlets that will be home to a variety of local business/amenities, many shops, bars, restaurant and schools in the area, 24 hour manned security, only 20 minutes from Hurghada International Airport, a few minutes to the beach and a 5 minute walk to the New (Shopping Mall) (currently under construction) this an ideal purchase whether for rental, holiday home or permanent living.

Nile House will be managed and maintained by a European company, ensuring a high level of quality, service, hygiene and security. Management and maintenance fee will be:

2,000 EGP per year (for a studio)

2,400 EGP per year (for a 1 Bed)

2,800 EGP per year (for a 2 Bed)

Nile House Payment Plan:

• 10% Deposit on Reservation

• 40% Payment on contract (usually 30 days from reservation)

• 10% Payment on completion of concrete frame structure

• 10% Payment on completion of brickwork

• 10% Payment on completion of first fix, electrics & plumbing

• 10% Payment on completion of ceramics and plaster walls

• 10% on completion of unit (July 2015)

Nile House Facilities and benefits

- 10 years builder's guarantee

- All properties are completed to European style finishing by Europeans

- 20 minutes from Hurghada airport

- 20 minutes from El Gouna's 18-holes Championship Golf Course and Golf club.

- Located on 2 streets

- Close to shops, schools and restaurants

- Onsite commercial units

- Elevator to all floors

- Roof top BBQ area

- Roof top Sun bathing area

- Roof top Sauna and Jacuzzi

- Near to public and private beaches

- Telephone access in all properties

- Central Satellite TV dish fitted

- 24hr security

- Gated entry

- Full maintenance and repair service

- 20,000 square meter shopping mall only a few minutes away, currently under construction

- Cleaning, daily collection of rubbish

- Maid and rental service available

- European Managed

The management and maintenance will be run by a European company so as to maintain the high level of standards expected of such a development. The fee will be set for 3 years and paid on an annual basis

Studio: 2,000 EGP per year.

1 Bed: 2,400 EGP per year.

2 Bed: 2,800 EGP per year.

The services included in the management and maintenance fees are as follows:

• 24hr security

• Maintenance of the Sauna, Jacuzzi and sunbathing areas

• Cleaning of the public areas

• Electricity within public areas

• Water supply within the public areas

• General maintenance of the public area

• Daily refuse collection.