The Golden Park Resort in Hurghada is widely acknowledged as being one of the most exciting new developments to be launched on the shores of the Red Sea in recent times.
A genuine five star luxury retreat, the Golden Park Resort was recently awarded Number 1 spot for Best Five Star Resort by CNBC. Offering residents a wide array of five star facilities, the Golden Park includes exceptional quality finishings throughout, designed to appeal to even the most discerning of tastes.
The Golden Park Resort will offer over 1,000 luxury residents when it is complete, ranging from one bedroom studio’s, up to the most palatial of luxury villas. All of the units at Golden Park Resort in Hurghada come fully furnished, and include sun terraces and a range of energy efficient appliances. Throughout the interiors, the finishing are of the very highest standard. Complete with ergonomically designed kitchens and generously equipped bathrooms allow you to capture the very essence of the Red Sea luxury lifestyle.
For potential investors, the guarantee of a 7% rental return for five years is sure to appeal. On top of this, residents will also have the option to renew for another five years after the initial period. In addition, this versatile structure also allows investors to take advantage of 4 weeks personal usage each year. Overall, it is easy to see why the property at the Golden Park Resort is seen as a compelling financial proposition.
The Golden Park Resort is situated directly access from the superb new Golden 5 City in Hurghada. This development is one of the leading tourist destinations in Hurghada, and is home to a wide selection of leading hotels, leisure facilities, bars and restaurants.
I have heard about this resort, but not seen too much about so far. I thought it was going to be officially launched next month.
Can you send through, or put online some further information on the types of units available, including information on the actual units sizes?
Also, is there a map to show the exact location of the Golden Park Resort, but I would like to know a little more detail than what is written here.
Could you please put online some more images of the Golden Park Resort in Hurghada, or preferably send some through to the email address supplied?
How much are the one bedroom apartments at the Golden Park, and also, is the 5 year rental guarantee bank backed or developer backed?
Hi Durberry,
Thanks for your interest in the Golden Park Resort. If you would like to get a better idea of the location of the Golden Park Resort in Hurghada, as well as more detailed information on the units themselves, you can find this on our main site at the new Golden Park Resort in Hurghada page on the Offplanworld.tv website.
Hi Reggie,
The one bedroom apartments in the Golden Park Resort start from $113,750.00.
With regards to the 7% rental guarantee, this is not bank backed, it is developer backed. However, this is a large, and very well known developer. They have an excellent record on delivery and their reputation would suggest that they will deliver on this rental guarantee.
You should also bear in mind that this 5 year rental guarantee is in fact renewable for a further five years at the same 7%.
If you compare the price of the Golden Park resort properties with other property in Hurghada, it just seems overpriced. In particular, compare this development with the Palme resort, Royal Beach, or Palme Royale, and the figures do not seem to stack up.
I just think, that if you are looking to buy property in Hurghada at the moment there are better deals on offer than at the Golden Park resort.