2 Bedroom Apartment for sale at Bay West

 (Write Review)
Soma Bay, Hurghada,Red Sea
Unit ID: U1967297
2 Bedrooms
2 Bathrooms
1,109 Sqft Size
1 Floor
Sep 2027 Off Plan

About This Apartment

This property is a 1,109 Sqft apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Soma Bay, Red Sea and it is scheduled for completion in Sep 2027. You can buy this apartment for a base price of ₿1.383 (₿0.001/Sqft).

"2-Bedroom Apartment for Sale in Exclusive Somabay Location"

  • Somabay – An Oasis of Exclusivity and Style: Somabay is a private retreat for a discerning clientele—a place that embodies success, status, and refinement. Here, international businesspeople, affluent families, and prominent leaders from around the world find their second home. Somabay offers a world where exclusivity and a sophisticated lifestyle define daily life, making it the perfect getaway for those who seek only the best. About the Apartment Offering in Baywest Valley Somabay: The Baywest Valley project spans 292,760 m² and includes 533 suites across villas, chalets, and apartments, surrounded by exotic plants and expansive swimming ponds. Modern buildings feature a maximum of six units per residence, ensuring privacy and exclusivity. The apartments are east-facing with spacious balconies offering unobstructed views of the azure sea. Large windows bring in ample natural light and stunning vistas. Each 103 m² apartment includes two bedrooms, two bathrooms, a kitchenette, and a balcony—ideal for mid-sized families looking to enjoy the sunny climate year-round. The project is scheduled for completion three years after the contract date. The payment plan includes a 10% down payment and a seven-year term with interest-free quarterly installments. (Cash payments may receive discounts of up to 25%.)
  • Somabay as an Investment Location: Somabay offers numerous advantages for investors: low additional purchase costs and high demand for vacation rentals. The presence of renowned hotels such as Kempinski, Sheraton, and The Cascades drives continuous value appreciation. A professional management team handles rental services, and flexible, interest-free payment plans make it easy to get started.
  • Leisure Activities in Somabay: Somabay invites sports and leisure enthusiasts to world-class events and activities all year round:
    • Golf: Enjoy unforgettable moments at the Gary Player and Tim Lobb-designed golf course.
    • Kitesurfing: Ideal conditions for beginners and pros alike at the 7BFT Kite Surfing Center.
    • Diving: Discover top dive spots with the ORCA Dive Center.
    • Wellness: Pure relaxation awaits at the Cascades Spa & Thalasso.
    • Marina & Beach Clubs: Stylish retreats for relaxing days.
    • Leisure & Attractions: Excitement at Soma Splash Aqua Park and Soma Raceway.
    • Horse Riding: Experience riding tournaments and scenic rides at Jasmine Horse Stable. About us;My name is Khoder Fattah, Managing Director of Reed Sea Properties. I have over 22 years of experience in the real estate and construction industry in Germany. I and my team in Hurghada on the Red Sea are happy to be available to you for construction quality controls, market analyses, purchase advice and an independent, free initial consultation. “I look forward to a successful collaboration with you."
    •  

Basic Information

Date Listed Nov 11, 2024
Updated 1 week ago
Property Type Apartment
Floor 1
Bedrooms 2
Size 1,109 Sqft
Price per Sqft ₿0.001
Pets All Kind of Pets Allowed
Apartment Ownership
N/A
Furniture
Unfurnished
View(s) N/A
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
₿0/mo
Listed By
Each listing provided by partnered agents is individually verified by BaanCoin. Partner Agents work for different brokerages or property management companies but have teamed up with BaanCoin so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1967297

Investment Opportunity: Charges & Yield

Sale Price
₿1.383
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
₿0/mo

Project Details

Project Name: Bay West
Developer: N/A
Construction: Off Plan (Sep 2027)
Floors: N/A
Buildings: N/A
Units: 7
Project Area: N/A
Nearest Landmark N/A
Location: Soma Bay, Red Sea
Bay West Project Details

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Red Sea
Soma Bay

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