A totally unique development of only 44 exquisitely designed and decorated studio apartments providing a state-of-the-art boutique hotel experience - perfect for divers, sunseekers on a budget or anyone else who is looking for an affordable apartment right in the heart of Hurghada. Discounted pre-release prices until 17 May 2008. Completion due early 2010.
Studios of 28-37m2 from GBP9,995/EUR12,184

Located in the El Kawsar region of Hurghada with a beach 600 meters from the Crash Pads location; it is also well placed for the new Esplanade in Hurghada which boasts numerous cafes, shops, hotels and restaurants, fashionable Intercontinental area, close to some of the town's most luxurious hotels such as the Intercontinental, Steigenberger and the Hilton Resort.

promenade being extended right down into this area. It is a perfect location for anyone wanting to be in a quiet area, but one that is within walking distance of all of the main facilities that Hurghada's Touristic Centre has to offer.

The development is only 500m from the sea. A free shuttle bus will connect Regency Crash Pads with its sister development, Regency Towers and the private Dream Beach, both of which are only 10 minutes away.

Hurghada International Airport is also only a 10 minute taxi ride away.
From the developer behind the popular projects o Regency Towers, Regency Beach and Regency Continental exciting and totally unique brand new development - Regency Crash Pads.

Regency Crash Pads is a project that combines the talents of one of Hurghada's most experienced developers who knows exactly what type of properties buyers are looking for, together with a top architect and interior designer.

The result is a brand new concept in residences - a state-of-the-art building that would look more at home in downtown Neo-Tokyo than in Hurghada. The building consists solely of sensibly-sized studio apartments of 29-32m2, all laid out perfectly so as to assure that there is no wasted space and that apartments in Regency Crash Pads are the most affordable properties in town.

Owning a Regency Crash Pad is like having your own boutique hotel room twenty four hours a day, three hundred and sixty five days a year. They are the ideal solution for divers, surfers, sun worshippers or just people who love Egypt and all it has to offer.

Unbelievably, prices for units within this exciting development start at just GBP 9,995. At these prices, they aren't going to be available for long, so act quickly if you are interested in buying one!

Owners of Regency Crash Pads will also have the exclusive use of the Regency developments facilities, which offer a range of facilities including several eateries; a snack bar, Japanese Teppanyaki Restaurant, sushi bar, piano bar, Italian restaurant and a supermarket.

Payment Schedule

• GBP1000 Initial reservation fee (refundable)
• 40% Deposit (less the initial reservation fee) payable within 21 days.
• 25% six months following initial deposit
• 25% twelve months following initial deposit
• 10% upon completion

Construction Schedule

Regency Crash Pads is due for completion early 2010.

Facilities and Maintenance

The maintenance of the development will be managed by the developer and is charged at £5 per square metre per annum.
Every apartment has a free scuba locker.
24/7 security.

Property Management

A complete property management service will be offered to every buyer and the cost will be 15% of the rental income gained. This service will be managed in house by the developer.
Regency Crash Pads' interiors feature innovative futuristic styling

Will sell fast, PM for reservations or visit our website

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__________________
Property Gems - UK Abroad Property Agency (HOT PROPERTIES OVERSEAS LTD)
E-mail: info@property-gems.co.uk Tel: 0161 904 0004
Property in Hurghada off-plan property in Margarita

Am I too late on this?
Has anyone else invested in one of these?
If so why, if not why not?
All help would be greatly appreciated.

I am interested...but no mention of this Begin furnished!!!!!
eddie55

These sound too good to be true, but if true then I'm interested. Perhaps the seller would like to give us more information.

They are true!
I just got details, the cheapest are gone, but the rest still sound great, definitely of interest.
Has anyone on here purchased the first appartments?
I wonder if its people hoping to cash in on a quick capital appraciation??
Thoughts?

are they already furnished

Thank you all for your interest!

Over 50% of the development is sold out and studios for GBP9,999 were sold on the first day of release however there are still few remaining. The starting price of the remaining units as of close of business was £16253, the most expensive ones GBP21,450. It is certainly a very attractive price for the location!

The furnishing package is not included in the price and can be purchased at GBP3,495. It is possible to spread the payment for 10 months interest free and have your furniture delivered and fitted before the completion.

The standard finishing of the apartment (i.e. what is included in the price)

Regency Crash Pads' finishing includes all the following items:

• Ultra-modern interior design from a leading Italian interior designer
• Cleopatra ceramic floor tiles throughout
• Aluminium powder coated windows frames and balcony doors
• Rendered walls painted in a colour according to the purchaser's wishes
• Internal doors with locks and architrave
• All electrical power points and light switches
• Sockets for internet and telephone
• Granite work surface in kitchen, plus stainless steel sinks with mixer taps and fitted kitchen units
• Plumbing for washing machine and dishwasher
• Ideal Standard toilet, washbasin and shower
• Marble vanity shelf, extractor fan and ceramic wall tiles in bathrooms

All of the clients who purchased on Regency Developments have the use of all the External Regency Facilities, Beaches, Pools, and Jacuzzis etc.

For the divers there is a fresh water facility to wash their Kits in. To place their Kits, store rooms are provided are all *****amen treated and secured by a 24 hours security service.

All of the clients will be given a Regency Discount Card that clients can use in all of the Regency Restaurants.

Hope it helps, let me know if you need any further info

__________________
Property Gems - UK Abroad Property Agency (HOT PROPERTIES OVERSEAS LTD)
E-mail: info@property-gems.co.uk Tel: 0161 904 0004
Property in Hurghada off-plan property in Margarita