EGP 12,300,000

1 Bedroom + Maid
2 Bathrooms
764 sqft / 71 sqm
APARTMENT FOR SALE IN MESCA, SOMA BAY

Last Cabana 1BR First Row Sea View Over 5 YRS

*PROPERTY DETAILS*
Beachfront Cabana with Unobstructed Sea Views, Front Row in The Arc
Fully Furnished Beachfront Cabana, 5-Year Installment Plan Available
Built-Up Area: 71 sqm, 1 Bedroom, 2 Bathrooms, Covered Terrace (5 sqm), Terrace (6 sqm)

Developer: The Olayan Group
Project: Soma Bay Red Sea
Phase: Arc Of Soma

About The Developer:
1988: Coca-Cola: Olayan becomes the Saudi franchisee for products and services.
1991: Chase Manhattan: The Group acquires a 5.3% stake.
2000: MetLife: Acquisition of 12.4% of offering during the insurer’s IPO.
2008: Visa: The Group acquires a significant stake in the payments sector giant’s IPO.
2015: Hotel Ritz, Madrid: The Group acquires and renovates the storied hotel.
2019: SABB merger: Olayan’s Alawaal Bank and SABB merge to create the 4th largest bank in Saudi Arabia, renamed Saudi Awwal Bank (SAB) in 2023.
2022: A milestone anniversary: The Olayan Group celebrates 75 years.

About Soma Bay:
Leisure activities at Soma Bay include Red Sea diving at its reef and other nearby diving sites. The six resorts (Palm Royale Resort, Kempinski, Sheraton, Robinson Club, The Cascades, and The Breakers Diving & Surfing Lodge) also have access to an 18-hole, par 72 championship golf course and golf academy designed by Gary Player.

Location & Proximity:
Soma Bay Red Sea - Hurghada
- 30 minutes from El Gouna
- 10 minutes from Sahl Hasheesh
- 10 minutes from Hurghada Airport
- 10 minutes from Makadi Heights

Facilities & Services In Somabay Red Sea:
- Biggest Golf Course by Gary Player in Hurghada, Red Sea
- Thalasso By Cascades won the best Spa in the Middle East
- 7BFT Kite House: Ranked Top 3 in the world for kite surfing
- Supermarket & Groceries
- In-house Mobil Gas Station
- 24/7 Pharmacy
- 7 Fully operational medical centers with the best quality by the Red Sea
- Biggest Solar Panel farm constructed by TAQA

Property details

Property Type

Apartment

Property Size

764 sqft / 71 sqm

Bedrooms

1 + Maid

Bathrooms

2


Amenities

Maids Room

Study

Central A/C

Balcony

Private Garden

Private Pool

Shared Pool

Shared Spa

Security

Covered Parking


Location

Map preview

Price Insights

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Red Sea

Provided by

Seif Ikram

Continental Brokers

See all properties (62)

Regulatory information
Regulatory information

Reference

continental-brokers-9639016

Listed

3 months ago

Payment method

Installments

Down payment

1,200,000 EGP