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- Property Available in Egypt
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Affordable property in Egypt.
Egypt is perfect for short term holiday
rentals.
Sunterra Resort-Naama Bay, Sharm El Sheikh
This luxurious residential & commercial complex less than 2 km south of Naama Bay, 10 minutes from the Old Market and 15 minutes drive from Sharm El Sheikh International airport has 6 swimming pools, a health club, a shopping district and residential units from 1 bed apartments to villas. There will also be a 4* hotel managed by the same company who manage the delightful Oriental Hotel in Sharm El Sheikh.
The complex compromises of 320 units in phase 1 including 1-bedroom apartments, 2-bedrooms apartments, 3-bedrooms apartments and separate villas (All sold) 100 apartments in phase 2 and a 200 bed 4*hotel in phase 3.
The apartments consist of: Reception, American kitchen, dining area, 1 bathroom, 1 or 2 terraces and some apartments have sea view whilst others have swimming pool with mountain view. 95% of the project has beautiful sea views from the roof. The apartments’ sizes vary from 74.2m2 up to 152m2. Villas are all sold.
Click here to enarge map
Facilities include:
- Laundry service
- Property management
- Phone lines
- 6-swimming pools, one heated.
- House-keeping
- Hyper market 2400 m2
- Health club and spa (fully equipped)
- Kids area
- Beach access with scheduled shuttle bus to the beach
- Internet & satellite
- Shopping and commercial area
- Apartment hotel
- Car parking areas
- Restaurants
- Sports area
- Use of hotel facilities (to be built in phase 3)
Prices:
For the latest EGP (Egyptian pounds) exchange rates
please use the XE.com Universal Currency Converter.
- 1 beds are 74.2 sqm prices from 519,400 LE
- 2 beds are 76.6sqm, 77sqm, 87.7sqm, 88sqm, 91.6sqm, 95.3sqm 99.5sqm, 102sqm prices from 536,200 LE
- 3 beds are 141.8 sqm, 151.90sqm prices from 992,600 LE
- *Subject to currency fluctuations
Location
View Sunterra Resort in a larger map
Payment terms:
20% upon reservation and signing the contracts and the remaining 80% by either monthly or quarterly (every three months) installments over 3 years
Discount for cash: 7%
Delivery:
All the residential area with facilities will be delivered during the April 2009 phase 1
Phase 2 apartments to be delivered in 6months.
Phase 3 Hotel to be started in 6 months.
Maintenance:
Charges will be 60.00LE (approx £7.30*) per sqm per year, payable every 6 months. Government prices for water and electricity.
Please contact us for further details.