2 Bedroom Apartment for sale at Soma Bay

Safaga, Hurghada,Red Sea

2 Bedroom Apartment for sale at Soma Bay

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Safaga, Hurghada,Red Sea

Unit ID: U1966252

4% Rental Yield

2 Bedrooms

1 Bathroom

786 Sqft Size

Ground Floor Floor

Dec 2016 Completed

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Sale Price

₿1.610

About This Apartment

This property is a 786 Sqft apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Safaga, Red Sea and was completed in Dec 2016. You can buy this apartment for a base price of ₿1.610 (₿0.002/Sqft).

Somabay High-end residential luxury on the peninsula. Red S

Somabay – An Exclusive Circle for the Elite:Somabay is a private sanctuary for a select elite – a place where only the most successful and discerning members of society find a home. International business leaders, affluent families, and high-ranking executives from around the world value this retreat as a statement of their status and elevated lifestyle. Somabay embodies a world where exclusivity, prestige, and sophisticated interaction shape everyday life – a unique environment for those who seek only the best.
About the Offered Golf Suite in the ARC Residential Project, Somabay:The ARC project consists of 362 suites across 101,530 square meters, divided into Golf and Grand Suites, complemented by multiple pools and expansive green areas. Situated at the top of the peninsula, the suites offer unparalleled sea views. The modern buildings feature a maximum of five units per building, ensuring privacy and exclusivity.The Golf Suites are distinguished by east-facing balconies with uninterrupted views of the crystal blue sea. Large windows allow plenty of natural light and provide a magnificent sea view all day long.Each suite spans 73 square meters and includes one bedroom, a bathroom, a kitchenette, and a balcony. Located on the ground floor, these suites offer direct access to the pool and garden areas, ideal for couples or small families looking to enjoy year-round sunshine.The project is scheduled for completion three years after contract signing. Payment terms include a 10% down payment, followed by a seven-year term with quarterly installments – simple and interest-free.
Investment Benefits in Somabay:Somabay offers numerous advantages for investors, including low additional purchase costs and high demand for holiday rentals. Renowned hotels like Kempinski, Sheraton, and The Cascades contribute to the property's appreciation, making Somabay an exclusive location. Professional management handles property administration and rental, while flexible, interest-free payment plans make entry easy.
Somabay offers world-class events year-round for sports enthusiasts and leisure seekers from around the globe:• Golf: The Gary Player and Tim Lobb Golf Courses provide unforgettable experiences.• Kitesurfing: Perfect for beginners and pros alike at the 7BFT Kite Surfing Center.• Diving: Discover top diving spots with the ORCA Dive Center.• Spa: Relaxation awaits at the Cascades Spa & Thalasso.• Marina & Beach Clubs: Exclusive retreats for pure relaxation.• Leisure & Attractions: Fun activities at Soma Splash Aqua Park and Soma Raceway.• Horse Riding: Enjoy events and rides at Jasmine Horse Stable.
Somabay is more than just a destination; it’s a luxurious lifestyle available to you year-round. Surrounded by an exclusive community of distinguished individuals, discerning retirees, and families, Somabay offers everything needed for an active, worry-free life under the sun. In addition to world-class leisure and unique recreational offerings, essential amenities such as schools, clinics, and pharmacies are also at hand.
About Us:
My name is Khoder Fattah, Managing Director of Properties and Partners. With over 22 years of experience in the real estate and construction industries in Germany, my team and I are here to assist you in Hurghada on the Red Sea. We offer construction quality control, market analysis, purchase advisory services, and an independent, complimentary initial consultation. "I look forward to a successful partnership with you."

Basic Information

Date Listed Nov 10, 2024

Updated 1 week ago

Property Type Apartment

Floor Ground Floor

Bedrooms 2

Size 786 Sqft

Price per Sqft ₿0.002

Pets N/A

Apartment Ownership

N/A

Furniture

Unfurnished

View(s) N/A

Unit Type N/A

Building N/A

CAM Fee

₿0/mo

Listed By

Agent / Partner

Electricity Price N/A

Water Price N/A

Unit ID U1966252

Investment Opportunity: Charges & Yield

Sale Price

₿1.610

CAM Fee

₿0/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: Soma Bay

Developer: N/A

Construction: Completed (Dec 2016)

Floors: N/A

Buildings: N/A

Units: 10

Project Area: N/A

Nearest Landmark N/A

Location: Safaga, Red Sea

Soma Bay Project Details

Available Units at Soma Bay

For Sale 10 For Rent 1

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Studio
2 Beds
3 Beds

Foreign Quota Fully Furnished City View

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Red Sea

Safaga

Neighborhood Overview

Buy
₿1.691 - ₿51.317
For Sale on BaanCoin
37 properties
Rent
₿0.010 - ₿0.045
For Rent on BaanCoin
3 properties
To EI Gouna
83.3 km / 1 hour by driving
To Sharm El Sheikh International Airport
172 km / 3 hours by driving

Location and Neighborhood

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