Absolute bargain 1 bed apartment for sale in Red Sea area of Egypt in Margate

£3,999

Richard 

Posting for 8+ years

Margate

£3,999

Ad ID: 35064831

Ended

Description:

One bedroom apartment with direct views of the Red Sea on well-run resort just off the main road between El Gouna and Hurghada. The resort is well-regarded, has three swimming pools, 24-hour security, and on-site management. Fully furnished, including black Sahl Hasheesh bedroom furniture, and equipped, this 35 sq.m. apartment is on the 4th storey and consists of a reception/kitchen room, bathroom with toilet, sink and shower, and large bedroom, together with two balconies, one facing the Red Sea, and the other with a pool view. The apartment is very well situated close to beaches, bars, shops and restaurants.
The property market is depressed in Egypt at present, hence the very low asking price. We bought the apartment in 2010 from the developer for £20,000, and added all the necessary furniture and equipment.