EGP 14,570,000
2 Bedrooms
2 Bathrooms
1,206 sqft / 112 sqm
APARTMENT FOR SALE IN REEF TOWN, SOMA BAY*Reef Town Apartment Specifications:
- This luxurious apartment is 112 sqm; it is situated on the ground floor with an 87 sqm private garden and it is located in Reef Town Soma Bay.
- The Reef town apartment has two bedrooms, two bathrooms, an open kitchen, a dining area, a living area, and a terrace overlooking the private garden.
- The Reef Town apartment suits serenity, luxury, privacy, and relaxation seekers.
- The Reef town Apartment is to be delivered fully finished.
- The Reef Town Apartment is designed to blend seamlessly into the surrounding natural landscape.
- The Reef town apartment is to be delivered in 3 years with a 10% down payment and installments up to 7 years.
*Investing in SomaBay:
Somabay is aiming to attract international visitors and establish itself as a leading global tourism destination. The new management of Somabay has identified real estate marketing as a critical aspect of its strategy, in addition to hospitality.
Investing in SomaBay offers a promising opportunity within the Hurghada real estate market. SomaBay is a highly desirable tourist destination that attracts visitors from around the globe due to its international sports events, art scene, golf courses, and fishing, kite surfing and diving activities. Its growing popularity makes it an appealing prospect for real estate investment.
Despite the recent deflation in the Egyptian real estate market, SomaBay's sales have not been negatively impacted. On the contrary, the company's sales are increasing because it targets a specific segment. Additionally, 30% of its customers are foreigners, making it an ideal destination for both stable investment and personal inspiration.
The location is one of the most crucial factors in real estate investments and high return on investment rates. This apartment is an excellent choice if you are looking for a stable real estate investment, given its prime location in one of the top desirable destinations and high demand.
Ground Floor Apartment For Sale In Soma Bay
- This luxurious apartment is 112 sqm; it is situated on the ground floor with an 87 sqm private garden and it is located in Reef Town Soma Bay.
- The Reef town apartment has two bedrooms, two bathrooms, an open kitchen, a dining area, a living area, and a terrace overlooking the private garden.
- The Reef Town apartment suits serenity, luxury, privacy, and relaxation seekers.
- The Reef town Apartment is to be delivered fully finished.
- The Reef Town Apartment is designed to blend seamlessly into the surrounding natural landscape.
- The Reef town apartment is to be delivered in 3 years with a 10% down payment and installments up to 7 years.
*Investing in SomaBay:
Somabay is aiming to attract international visitors and establish itself as a leading global tourism destination. The new management of Somabay has identified real estate marketing as a critical aspect of its strategy, in addition to hospitality.
Investing in SomaBay offers a promising opportunity within the Hurghada real estate market. SomaBay is a highly desirable tourist destination that attracts visitors from around the globe due to its international sports events, art scene, golf courses, and fishing, kite surfing and diving activities. Its growing popularity makes it an appealing prospect for real estate investment.
Despite the recent deflation in the Egyptian real estate market, SomaBay's sales have not been negatively impacted. On the contrary, the company's sales are increasing because it targets a specific segment. Additionally, 30% of its customers are foreigners, making it an ideal destination for both stable investment and personal inspiration.
The location is one of the most crucial factors in real estate investments and high return on investment rates. This apartment is an excellent choice if you are looking for a stable real estate investment, given its prime location in one of the top desirable destinations and high demand.
Property details
Property Type
Apartment
Property Size
1,206 sqft / 112 sqm
Bedrooms
2
Bathrooms
2
Available from
28 Aug 2024
Amenities
Private Garden
Shared Pool
Security
View of Water
View of Landmark
Shared Gym
Location
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
ROI Real Estate Investment
ROI For Real Estate
See all properties (146)Regulatory information
Regulatory information
Reference
SBA-090/4-S
Listed
2 months ago
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