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Location
Tiba Paradise (along with with other Tiba Developments already in construction) is located in the Al Ahyaa region of Hurghada. Currently compared to central Hurghada, Al Ahyaa is less developed. However there are already lots of things that point towards Al Ahyaa being a great place to be investing your money to see very strong returns over the next 5 years. There is a large shopping mall currently under construction that will house not only a large supermarket, but also small boutiques and many restaurants and food/drink areas. The infrastructure is being improved and many developments, such as the Tiba ones and Royal Beach due completion within 12-16months. As Al Ayhaa becomes the bridge between central Hurghada and El Gouna, capital growth and rental potential are both set to grow a great deal. There is a public beach just 5-7 minutes walk away from the Tiba developments. I have attached a location map for you to view.
Completion
Tiba Paradise completion Date in April 2013.
Payment Schedule
Reservation fee of LE 5000 (GBP 600 / EUR 670) refundable for 28 days.
40% deposit (less the reservation fee) due upon contract.
45% payable in monthly or quarterly installments last installment 1/05/2013
15% upon completion 30/04/2013
Prices
Studios from £6,260
1 Bed from £9,130
2 Bed from £18,223

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