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Investment Property » For Sale » Egypt » Janub Sina » Sharm Ash Shaykh » Nabq Bay    

Nabq Bay


Location

Egypt
Janub sina
Sharm Ash Shaykh
Nabq Bay

Available units

  

Studio
from £21,500 to £26,000

  

2 Bed
from 70m2 from £39,500 to £48,000

Delivery date: December 2009
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Property ID: 412705




     
 

 Description

Key selling points

  • In the up and coming Nabq Bay area of Sharm El Sheikh
  • All the year round sun excellent for winter sun holidays
  • Extremely well designed to give maximum light and space
  • Only 10 minutes from Sharm El Sheikh international airport
  • Full use of a 5* hotel facilities, with beach and restaurants
  • The land is flat and the sea is 700 meters walk away.

 

The Development

  • In the up and coming Nabq Bay area of Sharm El Sheikh
  • All the year round sun - no humidity - no rainy days, excellent for winter sun holidays
  • Extremely well designed to give maximum light and space
  • Only 10 minutes from Sharm El Sheikh international airport
  • Full use of a 5* hotel facilities, just a 10 minute walk away, with a beautiful beach and restaurants
  • Soak up the sun all the year round
  • The land is flat and the sea is 700 meters walk away.
  • The area overlooks Tiran island with the magnificent Sinai mountains at the back

The complex at Nabq Bay is a self contained development where there are 2 bedroom apartments, 3 bedroom apartments, studios and villas with 8 swimming pools are being built.

Every property will be finished to the highest quality.

We believe the finish is paramount to the success of the complex both inside and outside the apartments. The gardens therefore will be landscaped, attention to detail will be given to the design of the parameter walls and there will be plenty of outside lighting.

All apartments and villas will have a swimming pool view . The stairs will go to the roof of the apartments blocks where you will have a fantastic view of the sea, coral reefs and Tiran Island and a backdrop of the magnificent mountains of Sinai. The ideal place for an evening drink and to watch the glorious sunsets

Utilities. We guarantee tap water and electricity 24 hours a day. Each apartment will have its own meters to be checked regularly. A desalinisation system for sea water is provided. Sewage drainage system with recycled water especially designed for watering gardens is also installed

Swimming pool. There will be 8 swimming pools in the landscaped garden, with sun beds around the pools free of charge

Security and Administration. An administration office is already on the site with 2 full time staff so that a 24 hour service is provided to manage the following services:

Security

Gardening

Cleaning

 

 

2 Bedroom Apartments

  • 96 two bedroom apartments complete with 3 swimming pools are being built.
  • All the apartment are intended to be sold in UK
  • 48 apartments were finished on time as per 24 for phase one on 30th of November and 24 for phase two on 30th of December 2005
  • All apartments of both phases were purchased by British.
  • Phase three is 48 apartments under construction to be finished in December 2006.
  • 16 apartments of phase 3 are sold to British
  • 12 2 BEDROOM APARTMENTS DUE FOR COMPLETION NOV 2008
  • 60 2 BEDROOM APARTMENTS DUE FOR COMPLETION DEC 2009

The Apartment

Each apartment is 70 square meters consisting of, an open plan lounge, kitchen area, 2 bedrooms, balcony, bathroom with sink, toilet and shower.

We have chosen a design which gives a spacious impression with a great deal of light

  • The bathroom contains a shower, sink, toilet, a cupboard, mirror, the walls are tiled with ceramics.
  • An open plan kitchen with fitted cupboards, a granite breakfast bar, which lead into the lounge area. This has an interesting shape to give maximum light with a patio door opening onto a veranda.
  • The verandas have a wrought iron feature wall, again to enhance a light atmosphere.
  • Bedrooms have a fitted wardrobe and a set of drawers. I bedroom will have a door opening out on to the verandas.
  • 1 split air conditioner unit.
  • Electricity - light fittings and plenty of sockets will be 220v.
  • 1 satellite dish connection. (Satellite receiver optional extra)
  • 1 heater for water
  • The windows are aluminium for less maintenance due to the effect of heat on wood.
  • The outside stairs are Galala Marble to give a light smart look.
  • Internal doors - soft wood.
  • The roof is tiled and have a sitting out area.
  • 1 telephone connection with internet access can be installed on request.

The cost of these apartments are

£39500 for middle floor

£44000 for ground floor

£48000 for top floor

If you are interested in purchasing any of the above mentioned properties the procedure is as follows:

A non-refundable deposit of £1000 per apartment is required

A 25% as a down payment after one month of the initial deposit. The remaining balance to be divided into instalments as per the completion period of the project.

The contracts will be in English and Arabic

We would just like to mention that foreign investment is really starting to take off in Egypt.

The land we have bought has already gone up 65% since we purchased the plots of phase1.

Prices in Sharm are rapidly rising.

Studios

These will be situated next to the 2 bedroom apartments andtherefore the design will be similar.

They will have there own swimming pool and landscaped garden.

Only 20% of this land will be built on.

They have been very well designed.

They have large windows, patio doors onto a large balcony, a shower unit, toilet, and sink unit and breakfast bar.

The bedroom is open plan with arches to give an open spacious feel but can be walled if required.

Annual maintenance charge will be £300.

A furniture pack will cost approximately £3000

They will be 3 storeys high.

Availability

  • 24 STUDIOS DUE FOR COMPLETION 2008

Prices start from

£21500 for middle floor,

£24500 for ground floor and

£26000 for top floor

We can offer a service to provide high quality furniture and curtains which are produced in our own factories and this will be approx £3000 per apartment, with good quality furniture

If you are interested in purchasing any of the above mentioned properties the procedure is as follows:

A non-refundable deposit of £1000 per apartment is required

A 25% as a down payment after one month of the initial deposit. The remaining balance to be divided into instalments as per the completion period of the project.

 
     
     
 

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