A pool-floor studio of 30 m² in Athena Resort, a new beachfront development on Al Ahyaa Road in Hurghada, five minutes from El Gouna and next to the Sunrise Hotels group.
The apartment looks out over both the swimming pool and the sea, and is handed over in Super Lux finishing. Athena Resort is developed by Al Arabia Development on a 15,000 m² plot, of which only 20% is built on. The remaining 80% is laid out as gardens, walkways and open space around three low-rise buildings holding 370 apartments, with Greek-inspired architecture throughout.
Residents have a private beach, five large swimming pools, a heated pool, a jacuzzi, a rooftop spa, a fitness centre, cafes on the seafront, a Roman amphitheatre and 24-hour security with CCTV. Ownership is registered under an official Green Contract.
Handover is set for June 2029. The apartment is sold directly by the developer, with interest-free installments, and can be purchased with a passport only.
Price: 54,000 EUR
Payment option 1: 30% down payment of 16,200 EUR, balance over 36 months at 1,050 EUR per month
Payment option 2: 40% down payment of 21,600 EUR, balance over 48 months at 675 EUR per month
Full payment discount: 15%, giving a cash price of 45,900 EUR
Maintenance: 10% of the unit value, 5,400 EUR, paid once on handover and valid for the lifetime of the property
