Lincom Real Estate

Hurghada

Property #350

Price: $3,500,000

Property Features

  • 3950.00 m2
  • 3 Floors
  • 90 Rooms
  • Built on 80 % of the land
  • 800 m2 for gardens
  • Arabic style
  • Front sea location
  • 12 shops
  • Public area
  • Swimming-pool of 150 m2
  • Sea view from all rooms
  • Panoramic view to Hurghada
  • Under finished
  • Water & electricity supplied
  • In the centre of Hurghada
  • Besides 4 and 5 star hotels
  • Licence for a 3 star hotel
  • Restaurant and bar
  • On the main street of Hadaba
  • Business area (travel companies, banks, supermarkets)
  • All papers registered by government
Hurghada
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Property Description

Hurghada is a highly popular tourist destination. About 6 mln tourists come here every year to enjoy the sun and sea. Thanks to all year round summer temperatures, all hotels have 100 % occupancy. Hence hotel industry became one of the most profitable business on the Red sea. Hotel investing provides you with several advantages: at first, you rent the rooms to tourists, secondly, you let the tourists use the bar and restaurants, thirdly, you rent the hotel shops and bazaars. This particular hotel is favourably located in El Hadaba district, right in the centre of Hurghada. This area encomprises several 4 star hotels and is very popular among tourists and businessmen. Beautiful surroundings with super view over Hurghada and the Red sea add additional bonus to this project. For safety investment, please contact us and we will provide you with further details.

Contact

E-mail: info@lincomrealestate.com

Ph.: +2 0122 129 2000

As the platform real estate investment search site, Lincom Real Estate Jsc. is a fully integrated real estate investment, recognized in Egypt by industry leaders as the leading real estate network in Egypt known for providing the fastest and best services for those who are interested in Real Estate investment projects and property services. Our extensive list of investment opportunities and properties including apartment, villa, plot of land, building, hotel or new development for sale enables you to search and browse unique properties from across Hurghada, El Gouna, Sahl Hasheesh, Marsa Alam, Sharm El Sheikh, Red Sea Coast, Luxor, Aswan, Cairo, Alexandria and all over Egypt.

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