Isida development in Hughada has just broken the record so far as being the cheapest development per m2.
30m2 Studio from £7,313 Promotion offer only
Isida Development in Hurghada, Egypt
Isida is located just a stone's throw from Tiba Towers 2, situated a little bit closer to the beach and Isida has a larger pool and garden area than Tiba Towers 2 and Tiba Heights. But most importantly, Isida ischeaper than both of these developments by 10%, at a price of only LE2000 per m2.
This means that studios at Isida start at just GBP7,317/EUR8,906, with one-bedroom units starting at GBP11,829/EUR14,058 and two-bedroom apartments from GBP17,561/EUR20,871.
If you are interested in buying at these low prices though, you are going to have to move quite fast as these prices are discounted pre-release prices which are only going to be available until 30 August 2010,after which time the prices will be going up fast. If Isida sells as phenomenally fast as both Tiba Towers 2 and Tiba Heights did - and there's definitely no reason why it won't - then it's unlikely that there will be much left remaining in the development by that time anyway.
So hurry up and reserve your unit today in order to avoid disappointment.
Location
Isida is located in the fast growing area of Al-Ahyaa, which hasbeen recently designated for extensive touristic development, with manyhotels 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 20 minutes away by taxi.
Locally, Isida benefits from an excellent location, just 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 Carrefour hypermarket, is just 500m from here, together with many other planned tourist attractions including a sound and light show.
Map of Isida's Location
Detailed map showing the area around the Isida development
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.
- Large swimming pool on site with dedicated childrens' section
- Gardens around the project
- Communal roof terrace with seaviews
- Centralized satellite television, telephone and internet links to all apartments
- High speed internet to all apartments
- Two elevators to all floors
- 24 hour security
- Ten years' builders' guarantee
- Low annual maintenance fee of just LE2500 (GBP280/EUR340)
View Over the Pool
- 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.
Typical Floorplan - Studio Apartment
Typical Floorplan - One-Bedroom Apartment
Typical Floorplan - Two-Bedroom Apartment
| Type | m2 | GBP | EUR | USD | EGP |
| Studio - Min | 30 | 7317 | 8696 | 10909 | 60000 |
| Studio - Max | 46.5 | 11341 | 13478 | 16909 | 93000 |
| 1-Bed - Min | 48.5 | 11829 | 14058 | 17636 | 97000 |
| 1-Bed - Max | 82 | 20000 | 23768 | 29818 | 164000 |
| 2-Bed - Min | 72 | 17561 | 20870 | 26182 | 144000 |
| 2-Bed - Max | 85 | 20732 | 24638 | 30909 | 170000 |
Payments for this development are payable in EGP. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates. See below to calculate actual prices at today's exchange rates.
CompletionConstruction on Isida started in early 2010. The development is scheduled for completion in
February 2012.
Construction of Isida as at 14 July 2010Payment Schedule
- Reservation fee of $1000 (GBP640/EUR670) refundable for 28 days.
- 40% deposit (less the reservation fee) due upon contract.
- 50% payable over 15 months in quarterly installments (i.e. 10% every three months)
- 10% upon completion
Clients who can pay 90% (less the reservation fee) upon contract can receive a 7% discount from the standard prices.
