View Aqua

Overview

This is the Aqua Park and pool which is where View Aqua is being constructed as you can see behind the boards, work is progressing well from when we were there in December 2018, this was taken Jan 2019. Imagine having this on your doorstep plus everything else this 4/5 Star beachfront hotel has to offer.

View Aqua comprises of just two blocks of apartments, one block is for renting out by the developer and one is for selling which means we have only 46 units available in this unique opportunity with some already sold. As they are being constructed within an established 4 star beachfront hotel resort, you have everything you need for a holiday right on your doorstep. You the chance of owning a self catering apartment on an All Inclusive resort giving you the best of both worlds, either cook and eat at home or eat out, but you also have all the other facilities you would expect on an All Inclusive beachfront hotel resort.

There are onsite swimming pools with one having an Aqua Park, commercial centre, Gymnasium, Spa and Wellness Centre, private beach, watersports centre, four restaurants, four cafes etc… You even have a Star Fish Restaurant right outside the main gate, not part of the resort though. Owners and their guests/rental guests have free access to the swimming pools, Aqua Park, gardens and beach anything else including food or beverages they receive a 50% discount off the published prices (**the number of people allowed depends on unit size).

You can choose to eat in any of the 4 onsite restaurants - The Karnak Restaurant, The Chinese Restaurant, The La Dolce Vita Restaurant or The Prince Omar Restaurant with a 50% discount on food and beverages.

You also have a choice of 4 onsite bars/cafes - The Lobby Bar, The Salsa Bar, The Tango Pool Bar and of course The Beach Bar all serving cold drinks/beers and food/snacks which again you will receive a 50% discount off the bill.

You can have the benefits of an All Inclusive hotel but on a self catering basis, there is also a full animation team so the children can be taken care off all day while you soak up the glorious Egyptian sunshine or just relax by the one of the many swimming pools or private beach. There is a jetty which allows you to go out to the corals where you can snorkel or dive without having to go out on a boat, the facilities and activities are just too many to list.

There are several sizes available in studios and 1 bed apartments with either views to the rear or over the swimming pool these apartments are ideal for those with children or those looking for an investment who just want to rent it out.  With each size/view having a different price please request more info and we can send you the current price and availability list, plus floor/apartment plans.

Prices from these are priced and purchased in EGP, Sterling prices given as a guide only

Studio 33.4m2 (Gross) garden view just 566,965le (approx £26,600)

1 bed 61.5m2 (Gross) garden view apartment from just 982,463le (approx £46,150)

1 bed 58.5m2 (Gross) pool view apartment from just 1,175,529le (approx £55,200)

**We can also look at joining units together to create larger 2 or 3 bed apartments subject to availability and engineers checks**

Payment Plan

These developers have given great thought to the payment plans and with a bit of input from Rivermead Global Ltd we have finally arrived at the following payment options with good discounts for cash or larger deposits.

5% reservation fee, 10% on contract signing 1 month after reservation, 10% on delivery Jan 2021 and 75% paid interest free in quarterly payments until 1st Oct 2021

5% reservation fee, 25% on contract signing 1 month after reservation, 70% paid interest free in quarterly payments until 1st Oct 2021 (receive a 5% discount on the price using this plan)

5% reservation fee, 65% on contract signing 1 month after reservation, 30% paid interest free in quarterly payments until 1st Oct 2021 (receive a 10% discount on the price using this plan)

5% reservation fee, 95% on contract signing 1 month after reservation (receive a 15% discount on the price using this plan)

**These payment plans/discounts are STC and can be removed/altered at any time**

Maintenance Fees

This is a fee which covers the upkeep and maintenance of the communal areas, pool, landscaping, lighting, security, the outside of the buildings and the corridors etc…

The maintenance fees are a one off payment which is just 8% of the property price, that is all the maintenance fees you need to pay and as this is paid before getting the keys it means everyone will have paid their maintenance and it avoids non payment. This is now being used on a lot of new developments ensuring the maintenance is always carried out and owners can’t avoid paying.  Personally we think it is an excellent idea and one we hope all developers start doing.  When you come to sell the property you add the 8% on so the next owner gets their maintenance fees paid and you claim the 8% back meaning you haven’t paid any maintenance fees.

Additional buying costs

Independent Solicitor – The one we recommend charges our clients £600 for all legal searches, contract review AND includes the Signature Validation, paid after reserving the property and before any contracts are signed. It also includes all government fees/official translator fees and covers the cost of the lawyer picking you up from your hotel/apartment and driving you to the various offices and back home again.

Connection to utilities – Due to price of this changing week on week it is difficult to give a set price however, it will not be more than a few hundred pounds.

Furniture – This will depend on what items you require but Rivermead Global have been furnishing properties in Hurghada since 2009 (clients include premiership footballers) so we have a lot of experience and knowledge. You are of course free to choose your furniture from anywhere, but we will be offering our clients some great deals and special offers when the time comes to furnish. If you are thinking of renting out your property, we only offer our Rental Management Service on properties we have furnished so this is another plus point for choosing us to furnish your apartment. If you would like to view examples from the hundreds of properties we have furnished in Hurghada please use this link and look at the Previous Work page and you will also find details of our furniture ranges/packages with prices - www.rivermeadglobalfurniture.co.uk

Completion Schedule

Delivery is scheduled for January 2021 

Location

View Aqua is located close to Senzo Mall and within the established 4 star beachfront hotel resort of Mirage Bay Resort and Aqua Park, please use this link to view the hotel website where you find everything you will have access to Mirage Bay Resort and Aqua Park

As with all our developments we will be sending owner’s monthly updates with photos and videos plus we be posting new updates on our Facebook Page which can be found using the link below:

Rivermead Global Facebook Page

We have our own team on the ground in Hurghada and we can arrange to show you any of our fantastic developments including View Aqua, plus give you a tour of Hurghada and surrounding areas if you are not very familiar with it.  All you need to do is contact us below, it is as easy as that, we can then email you the plans/payment terms/photos or anything else you require.

 

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