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Moona Sharm Resort, Nabq - Phase 2 release

Phase 2 just released-Moona Sharm, Nabq, Sharm El Sheikh...prices from just 146,428 EGP Approx* £15.830

Prices

Studio 31.49sqm- 146,428 EGP Approx* £15.830
1 beds 55.89sqm- 259,888 EGP Approx* £28,248
2 beds 78 sqm-347,000 EGP Approx* £37, 710
2 beds, 2 bath 90sqm 400,000 EGP-Approx £43,450 *Subject to exchange rates.

Financial details

CASH PAYMENT

10% discount on 100% cash payment
INSTALMENTS Zone C
35% Contracting deposit
55% (3 years) Interest free
12 quarterly payments
10 % Handover payment on january 2013
INSTALMENTS Zone A
35% Contracting deposit
55% ( Instalments on 40 Month ) Interest free
14 quarterly payments
10 % Handover payment Date After 30 month
Handover/Delivery 30 months from date of signing contract

MULTI-PURCHASE DISCOUNTS

Discount 5 % for 2 apt. 7.5 % for 3 apt., 10 % for 6 apt.

Fantastic new release in the best location for investment potential Nabq in Sharm, 15 minutes from the International airport of Sharm El Sheikh, this resort has panoramic views of the Sinai mountains, the Nabq national park and with the higher apartments having views of the crystal blue water of the bay of Nabq.

This fantastically priced development has prices staring at just £19,135* and built to a high standard by an experienced developer with a proven track record. The resort which will have buildings on only 20% of the land will be made up of a 4*hotel and residential units built on 4 floors with a selection of sized properties, from studio, 1 beds, 2 beds each with the use of the communal roof and top floor apartments will have sea view. Ground floor apartments have private terrace and the garden is communal.

However, there is the chance to buy the garden, to make a private area. Each group of buildings are clustered around a swimming pool and the resort amenities to include, a small health club, restaurants, supermarket, clinic, parking area, shops 24hour security, shuttle buses and a 4*hotel., and all these things will be surrounded by beautiful landscaping. The resort will have access to a beach, which will be chargeable (small charge) and is only 10 minutes drive from the national park of Nabq and the public beaches there.

Planned Main Facilities

8 Swimming Pools – each with small Pools for children
Housekeeping & laundy services
Hotel Management & Rental option
Central satellite dish
parking
Restaurants
Supermarket
Washing machine installation
Children playground
24 hours security with surveillance cameras
Gym & Shuttle Bus
Communal roof
Communal garden
With fees: Beach Access & Wi Fi

Great investment... why?

Low deposit required
Price per sqm lowest in Sharm
Built by respected developer with proven track record
Good payment terms
4*star hotel on site adds value to your investment
Great rental opportunities
Low maintenance costs
Quiet location with beautiful views
Close (0.6 km) to the planned City Stars Centre and Nabq city which will the most prestige’s area in Sharm

This resort will be 0.6 km from the planned City Stars complex. The shopping centre is to form the central part of what will become the city of Nabq, 7 million sqm of land, tucked beneath the Sinai mountains, at the back of Nabq, from the airport to the end of Nabq, by the national park.

There will be four 5* hotels including the Intercontinental which is being built now and opening next Summer, there will also be a Crowne Plaza. There is a university, mosque, hospital as well as the world's largest lagoon planned! The whole project is planned to be completed over a period of 15 years.

Shopping mall will open 2013 Hotel soft opening 2013

Maintenance:

20,000 EGP (*Approx £2,000) for one time payment at delivery, and then every three years a 15% payment of the one time payment of 3,000 EGP (*Approx £300.00) is payable.
Meters for water and electricity are not included in the price but can be purchased and government priced utilities apply

Sister project already built by this developer in Sharm El Sheikh
Ideas for furniture –packs will be available

About the developer

The developer building Moona Sharm is called Gulf Company touristic allotment and they are an extremely reputable and cash rich company. They have been building for over 15 years, and have built and delivering in February 2010 another project next to Moona plot called Maraqia. This developer has also built the Sol Vergina hotel in Sharm, the French school, and the police headquarters also in Sharm along with other residential villas and commercials premises in Sharm. In Cairo they have built shopping malls, and residential villas and on the North Coast they have also built a hotel. They are very experienced and specialised with a proven track record.

Updates - December 2011