Hurghada’s Pearl Vista - Top quality at rock-bottom prices

Egypt’s Red Sea resort of Hurghada enjoys enduring popularity with divers, golfers and beach-lovers all underpinned by the fact that winter sun can be reached in less than five hours from major European cities (London 4.5 hours, Munich 4 hours, Rome 3.5 hours). This is far from long-haul. And once on the ground Hurghada satisfies every tourist tipple from purpose-built mega-resorts through to authentic downtown Egypt and everything in between. Newly-released Pearl Vista is nicely ‘in between’.

Just to the north of Hurghada there is a stretch of unspoilt coastline between the town itself and El Gouna, a purpose-built city 22km north interlinked with lagoons and with a celebrated USPGA golf course. This tranquil, up-and-coming area offers the best of both worlds – a bustling town within a shuttle bus ride and peace and quiet on the doorstep. This is the site for Pearl Vista.

A mere 150 metres from the shores of the Red Sea with its pearly white beaches, Pearl Vista comprises 162 studio, one, two and three bedroom apartments within a European-styled gated development offering all mod-cons. Inside owners can expect fitted wardrobes, pre-installation for digital TV and internet connections plus fitted bathrooms and open-plan kitchens. Outside Pearl Vista has exclusive facilities including a gymnasium, internet café, games room, business centre, swimming pools and a pool bar. Whilst further afield a brief bus or taxi ride delivers you to Hurghada with its international restaurants, trendy chill-out bars, throbbing Ministry of Sound nightclub and fashionable retail outlets juxtaposed against a bustling bazaar in the old-town where locals peddle their wares of gold, brass, perfume and soft Egyptian cotton.

Surprisingly so much can be acquired for so small a price. Studio apartments are priced from just 20,900 gbp and high rental returns are expected, up to 23.6% annual yield has been calculated, feasible due to the non-stop holiday season. Various furniture packages are available from Pearl Vista’s developer, starting from as little as 2,995 gbp and year-round on-site services from gardening to laundry will ensure that both you and those who rent your property are well looked after.

Payment terms are a fully refundable (up to 21 days) 10% reservation fee (2,090 gbp on the most affordable unit) followed by 40% on exchange of contracts and 50% on completion scheduled for late 2009. Mortgage facilities are available.

For more information, visit gem-estates.com.