Property type: apartment

Double height Studio with Sea View in Sharm El Sheikh

Apartment for sale in Egypt.

Added on: 2010/02/03
Location
Region: Egypt
Parameters
Type: apartment
Area: 50 m²
Transaction
Category: residential
Offer: for sale
Price: € 46 572
Contact the Owner
 
  
Contact
Agent: Cheryl Wilson
Company: Coldwell Banker New Homes
Phone: 002 010 415 0582
http://www.cb-newhomesvacations.com

Naama Town Resort is located within the heart of Sharm El Sheikh – Naama Bay. Within Naama Bay you will find restaurants, bars, nightclubs, restaurants and all the other entertainment and entities required for easy everyday living however enjoying the quiet and relaxing atmosphere of the Naama Town Resort. Residential Properties range from Studio's to Villa Properties with most offering beautiful views of the amazing landscaped areas, swimming pools, mountains and/or Sea.

Land Size: 165,000 sqm
Peace road located 1.6km from development
38,000 sqm hotel and spa (hotel 4*) and retail area

Naama town is a retail and entertainment place which is a copy of the Dubai project, The Palm.
Within the resort there will be a 65,000 square meters commercial zone which will include facilities i.e. coffee shops, restaurants, artificial beach, lake etc.
There shall also be 8 swimming pools in total (one heated for winter).

Residential Units:
Ground floor properties will include a private garden.
First floor properties include a private roof terrace.
(All residential blocks are ground & first floor levels only)
17 residential buildings in total (no number 13).

The properties are built in either small or large modules: the large modules have a ceiling height of 3.6 meters and the smaller modules have a ceiling height of 3.2 meters.

Smaller Modules:
- Studio: 30 and 32 square meters
- Double heights studio: 50 square meters
- 1 bedroom apartments: 60 and 65 square meters
- 2 bedroom apartments: 90 and 95 square meters
- 3 bedroom apartments (Townhouse): 195 square meters

Larger modules:
- 1 bedroom apartments: 72 square meters
- 2 bedroom apartments: 105 square meters

Payment terms and price per sqm:
- Egyptian Clients: 15% on contract and quarterly installments over 4 years
- Foreign Clients: 20% on contract and quarterly installments over 3 years

Price per Square Meter: 7500 Egyptian Pounds

Maintenance: 100 Egyptian Pounds per square meter (per year)

* Please note any prices quoted are subject to change due to exchange rate fluctuation



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