Sierra Resort

Nabq Bay

Price starts from

1,800,000 EGP

Start SQM: 60 m²
Development due date : 01-01-2011
Total Plot: m²
Building floors: 3
Total Units:
Price starts from : 1,800,000 EGP

Overview

Sierra Resort Nabq, a pleasant gated resort immersed in the tranquility of many swimming pools, is ideally located in the heart of Nabq bay on 2nd line from the sea and with a beautiful beach just across the road. The Nabq area is one of the most beautiful coastal development areas in the world with her peaceful lagoon laced with coral reefs and a developing entertainment and shopping center with many international brands and outlets

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Project Highlights

Beach 1 km, airport 7 km, Na'ama bay 15 min drive
10 swimming pools
Top floor apartments with private roof area
Ground floor apartments with garden
Prices start from 350.000EGP on cash basis
Phase one: ready to move in
Phase two, Zone 9: Sold Out!
Phase Two, Zone Ten: Handover 1 year from signing the contract
Units for resale available
No commission from buyer
Smoke detector connected to the fire alarm system of the hotel
Imported doors from the UK (Crosby) treated against fire
Wi Fi
Parking
All floors can be configured to be 1, 2, & 3 bedroom apartments

Financial Details

Terms of Payment

Phase Two, (ready to move in) 100% cash payment
Phase three, zone 11 (handover 12 months from signing the contract):
40% contracting deposit
60% payment over 24months
7 % discount on 100% cash payment upon signing of contracts
special discount on 100 % cash payment for investors for a whole block sale of 6 units and above

Maintenance fees

1 Bedroom Apartment (60 m²) 400 EGP per month
2 Bedrooms Apartment (120 m²) 800 EGP per month
Maintenance fees are paid once on handover.
For water and electricity meters 2,300 EGP
Electricity card (which will be recharged with) 500 EGP
Insurance for water (to be paid in advance; refundable on resale) 1,000 EGP

No Commission From buyers

Project Facilities

Sea, Pool or Mountain View
Garden with ground floor apartments
Roof Top with top floor apartments
Balconies
10 Swimming Pools
Beach Access
Parking
1-3 Bedrooms
3 Floors
Central Satellite Dish

Investment Advise

Avg sqm price for Sierra Resort : 30,000 EGP in 2024
Avg Annual investment increase by -5 %

Address: Shop #80, Laguna Vista Mall, Peace Road, Nabq Bay, Sharm El Sheikh, Egypt Zip Code:: 41669, PO Box: 355

Phone: 002 0122 76 76 650
Email: coordinator@sharmelsheikhrealestate.com
Website: http://www.sharmelsheikhrealestate.com
Working Hours: 10 am - 6 pm
Office closed: Friday.