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Two studio apartments for sale in El Gouna. Excellent investment opportunity or beautiful holiday retreats.
Located in the highly sought after & quiet area of Upper Nubia and designed by award-winning Egyptian architects Ramy El Dahan and Ahmad Hamdy in the style of Egypt’s southernmost villages.
The owners have carefully looked after the properties from new.
Dramatically under-priced at £52,500 each or £99,000 for both, the sole reason being that the owners need a quick sale to provide for multiple UK university fees.
These are a pair of adjacent/joined studio apartments, one ground floor and one first floor (one above the other).
The ground floor apartment has an adjacent large store room with automatic washing machine, whilst the first floor apartment directly above it has a superb Nubian style domed ceiling. An attractive external staircase rising from a spacious front terrace joins the two apartments.
The apartments can be sold separately or as a pair and represent an excellent investment opportunity.
Easy to let long or short term, they have collectively grossed an average £600 per month over the past few years and could be let 52 weeks per year with little trouble.
Studio properties are not common in El Gouna. Where they are built, the lowest asking price (off plan) is USD 170,000+. As such these apartments are always in demand for long term rental or family retreats..
The properties are approximately 43.4 square meters each, including a 5 square meter balcony (each) to the lagoon side of each property.
The properties overlook to the rear a beautiful salt water lagoon with fountain, and are located 5 minutes walk from the delightful Abu Tig Marina and 10 minutes walk from the popular Downtown.
Further potential is found in that to the front, they overlook the stunning new Ancient Sands Golf resort which is near it's eagerly awaited completion.
The apartments are for sale fully and tastefully furnished, almost identically, including white and brown goods..
Residents' car parking forecourt directly in front.

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