Palme Royale is probably the most prestigious development being undertaken in Hurghada today
Situated on an idyllic beach on 41000m2 land with a wide 340 metre sandy beachfront, Palme Royale exudes quality. It really is a development fit for royalty.
From the five-star aparthotel to the spectacular design of the ample studios, one and two bed apartments and penthouses, this project has been designed to attract the discerning few. At Palme Royale, you can delight in the lush tropical gardens with infinity pools merging into the blue ocean, relax in the health spa catering for your every need or shop in the myriad designer outlets which line the foyer.
The entire complex will be managed by an international Swiss hotel chain to ensure not only a quality experience at every level, but to guarantee that those looking to buy into Palme Royale mostly for investment purposes obtain the maximum possible rental returns.
For the first two years from launch, Palme Royale offers a 6% Guaranteed Rental Scheme. Following this initial period, once the area surrounding the resort is full developed, significantly higher returns than this are anticipated as rentals at such a high-class resort will fetch premium prices and occupancy levels of 80% are achieved by the majority of hotels in Hurghada all year round.
So whether you are looking to purchase as a high yielding investment property, for a holiday home in a genuine five-star quality investment, or a combination of both, Palme Royale should be your first choice.
Masterplan showing the location of the three different phases of the developmentl
Typical layout of one of Palme Royale's five main blocks of apartments
View of Palme Royale from the street