OASIS MARINA - 5 star luxury complex
Phase One of Oasis Marina has just been launched onto the market. As a result,
the best apartments in the resort those closest to the beach are still available. The majority of the other apartments have sea views from the balconies!
LOCATION
Oasis Marina is an exciting new beachfront development in Al-Ahyaa located in the middle of the new pedestrian area. Oasis Marina is located in the fast developing Al Ahyaa district to the north of Hurghada, just 3km from the luxury resort of El Gouna, famed for its lagoons, marina and PGA Championship golf course. Located in the fast emerging Al Ahyaa area between Hurghada and El Gouna.
The centre of Hurghada with its wide variety of shops, clubs and nightlife, is a little over 15 minutes away by taxi, as is Hurghada International Airport.
This frontline beach development is in a newly zoned area in front of a promenade which stretches around the bay, allowing visitors to stroll along the beach for miles, enjoying the view.
Benefits of Oasis Marina include the fact that it is being built on a very wide plot - plenty of beach for everyone to enjoy as this is far from being a high density development with only 660 apartments and a hotel on a large plot. There is more than enough room for everyone to enjoy the wide, golden beach and the unspoiled turquoise waters of the Red Sea.
With a wide range of apartment sizes ranging from 32m2 studios up to 100m2 two bedroom units, there is something suitable for everyone on this development. Units are supplied either on a finished or a turnkey basis, allowing buyers to move in straight away without the hassle of having to source all their own furniture.
Better still are the wide range of payment options available. Cash buyers will be attracted by the fact that there are up to 25% discounts for fast payment. At the opposite end of the scale, those needing longer to pay will be attracted by a unique deal whereby buyers only need to pay 60% of the purchase price in cash over the course of the build of the project, with the remaining 40% being covered by a guaranteed rental scheme over a period of five years.
Phase One of Oasis Marina has just been launched onto the market. As a result, the best apartments in the resort those closest to the beach are still available, including some units in villas that are directly facing the sea usually only found in large villas costing over GBP250,000.
FACILITIES
Frontline property with access to own private beach
Beach front and sea view for over 70% of apartment
Large, heated swimming pools with children's sections
Large communal roofs with breathtaking sea views
10 year construction apartment warranty
All properties are completed to European standards
Ten minutes from the PGA Championship golf course in El Gouna
Main reception area offering hotel style service
Health club plus beauty and gym sections
Diving and Aqua centres including kite surfing
Four restaurants offering a variety of cuisines
Various shops including mini market, pharmacy, cafe bar with Internet
business center
Laundry service which also offers rental changeovers
Regular shuttle bus to both Hurghada and El Gouna
Pickup service including airport collections
Sight-seeing tour operator
Key handling rental management service
Satellite and telephone points plus air conditioning units and fitted kitchens pre-
installed
Management fee guaranteed capped for 3 years
Full post service maintenance and repair service
Manned 24hour gated security
PRICES
Oasis Marina has a wide range of pricing and payment options so everyone is sure to find a plan that is right for their own personal circumstances:
Studios of 32-69m2 from GBP25,300/EUR32,074
One-bedroom apartments of 67-82m2 from GBP51,040/ EUR64,706
Two-bedroom apartments of 86-100m2 from GBP62,334/EUR79,204
Payments for this development are payable in GBP – no currency risk exposure. The prices in other currencies are for illustration purposes only and will vary according to current exchange rates.
Completion – end of 2009
FURNISHING
Below are the standard prices for a regular finished apartment without furniture, but including air conditioning and fitted kitchens.
Buyers who are able to pay for the apartment outright within a period of eight weeks from contract can obtain a 25% discount from these prices.
Buyers who are able to pay for the apartment outright within a period of thirty weeks from contract can obtain a 20% discount from these prices.
Studio 32m2 for 25300GBP
Studio 45m2 for 34466GBP
1 bed 67m2 for 51040GBP
Studio 69m2 for 50014GBP
1 bed 79m2 for 55880GBP
1 bed 82m2 for 57640GBP
2 bed 90m2 for 62334GBP
2 bed 100m2 for 68200GBP
1 bed villa apt. 78m2 for 61050GBP
2 bed villa apt. 86m2 for 66226GBP
The one and two-bedroom villa apartments listed at the bottom are right at the front of the development, directly facing the sea - a real rarity for apartments as such views are usually reserved for very expensive large villas. This is why there is a price supplement for these units.
TURNKEY OPTION
Apartments at Marina Oasis can also be supplied on a full turnkey basis complete with full furniture - all you need to move in the same day!
As is the case with the standard finishing solution, cash buyers can benefit from some large discounts:
Buyers who are able to pay for the apartment outright within a period of eight weeks from contract can obtain a 25% discount from these prices.
Buyers who are able to pay for the apartment outright within a period of thirty weeks from contract can obtain a 20% discount from these prices.
Studio 32m2 for 33370GBP
Studio 45m2 for 42538GBP
1 bed 67m2 for 61307GBP
Studio 69m2 for 60288GBP
1 bed 79m2 for 66147GBP
1 bed 82m2 for 69375GBP
2 bed 90m2 for 74067GBP
2 bed 100m2 for 79936GBP
1 bed villa apt. 78m2 for 71320GBP
2 bed villa apt. 86m2 for 77956GBP
More interesting still is the wide range of payment options available, ranging from a discounts of up to 25% for cash buyers to an innovative deal whereby buyers need only pay for 60% of the cost over the course of the build, with the remaining 40% being paid for through a five year, 8% guaranteed rental deal.
Buyers of complete turnkey solution apartments can benefit from an innovative payment structure whereby they pay only 60% of the price of the apartment over the period of the build, with the remaining 40% being paid over a period of five years through entering into the developer's Guranteed Rental Scheme, which offers an 8% return each year on the price of the turnkey units.
Below are the cash prices that are payable, representing 60% of the regular price for
the turnkey apartments:
Studio 32m2 for 20030GBP
Studio 45m2 for 25518GBP
1 bed 67m2 for 36787GBP
Studio 69m2 for 36168GBP
1 bed 79m2 for 39687GBP
1 bed 82m2 for 41634GBP
2 bed 90m2 for 44447GBP
2 bed 100m2 for 47956GBP
1 bed villa apt. 78m2 for 42800GBP
2 bed villa apt. 86m2 for 46776GBP
For full details of when the payments are due under each variation of the pricing
scheme, please refer to the Payment Schedule.
FINISHING
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
Fitted base units, stainless steel sink with mixer taps and granite worktop in kitchen area
White porcelain sanitary fittings in bathroom
(toilet, sinks and bath/shower) with mixer taps
Split unit air conditioners in bedrooms and living rooms
With the development's full turnkey package, your apartment would be ready to move into upon receiving the key. A variety of colours and styles of furniture are available.
COMPLETION
Construction on Oasis Marina started in February 2008. Completion of Phase One is scheduled for end 2009.
PAYMENT PLAN OPTIONS
Regular Payment Plan
This applies to units that are bought with standard finishing or as a complete
turnkey solution:
10% reservation fee (fully refundable up to 30 days from reservation)
30% within 8 weeks of signing the contract. 60% upon completion.
25% Discount Option
To obtain a 25% discount on either the standard finishing or complete turnkey
solution prices, buyers would need to make the following payments:
20% reservation fee (fully refundable up to 30 days from reservation) 80% within 8 weeks of signing the contract.
20% Discount Option
To obtain a 25% discount on either the standard finishing or complete turnkey
solution prices, buyers would need to make the following payments:
20% reservation fee (fully refundable up to 30 days from reservation)
50% within 6 weeks of signing the contract.
30% within 30 weeks of signing the
contract.
Guaranteed Rental Option
Perhaps the most interesting option, and one that is unique to Oasis Marina, is the Guaranteed Rental Option. This is only available on full turnkey packages.
Under this system, buyers pay only 60% of the price of the property in cash. The
remaining 40% is paid by the developer through renting out the property for 40
weeks per year for a period of five years. The remaining 12 weeks per year are
available for use by purchasers.
The payment schedule for this option is as follows:
10% reservation fee (fully refundable up to 30 days from reservation)
30% within 8 weeks of signing the contract.
20% upon delivery
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| Price | From GBP 25,300 |  | |
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