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One Bath Apartment - Flat in Naama Bay - Egypt - Ref 491186

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Apartment/Flat Description

Plot and Project Location

Scarus Residence is located in the most sought after neighbourhood of Naama Bay.

Immediately next to Marriott Mountain Hotel and opposite Marriott beach Hotel, which has direct access to Naama Bay beach.

Scarus Residence properties will offer 400 units for Lifestyle and Investment purchases ranging from Studio, 1 bedroom, 2 bedroom and 3 bedroom apartments, where the location demands the price, which is an opportunity not to be missed.

The units will be set in green and lush surroundings overlooking the pool and gardens, providing the residents with a tranquil home within the peaceful surroundings.

The residents will have free use of the swimming pools with their magnificent landscaping for relaxing and recreational activities. The stunning layout is ideal for adults as well as being extremely child friendly.

Facilities

· Central Mall with retail
outlets for the residents
convenience
· Outdoor restaurants and cafes
· Numerous swimming pools
· Tennis, volleyball and cycling
tracks

As the project develops, the installation of broadband, central television aerials and satellite dishes along with telephone lines will be installed.

Top quality finishes

Includes
· Construction in re-enforced
concrete, UPVC plumbing with
air vents
· Hot and cold water supply in
polypropylene
· Exterior façade in white paints
· Interior painted in durable and
washable white paint colours
· Top quality interior and
exterior floor tiles
· Main entrance door in lacquered
natural hard wood with security
lock, interior doors in white
paint. Aluminium windows
· Bathroom fittings and sanitary
wares Ideal Standard or
equivalent
· Electric main switch board,
wires switches and outlet
sockets
· Television and telephone points
in all bedrooms and lounge,
wireless internet
· Pre-installation of air
conditioning with points in the
lounge and each bedroom

Additional Extras available at EXTRA costs
· Built in wardrobes
· Fully furnished kitchen
(fridge/freezer, oven, washing
machine and extractor fan) with
granite work top and lacquered
kitchen units
· Electrical tank or tank less
water heater

Apartments:

Studios:- 43 and 47 sq/m

1 bedroom:- 67/68/69/70/72/73
/74/75/76/77/82/85
and 87sq/m
2 bedroom:- 100/102/106/
108/111/117 and
119sq/m

3 bedroom:- 144 and 150sq/m

Prices, Payment Terms and Delivery

· 9000 EGP per sq/m
· 10% Reservation
· 20% deposit (strictly within
30days of Reservation, delay
may forfeit reservation fee)
· 70% interest free agreement
payment plan with Developer
over 30 months
· Delivery within 2 years from

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Approximate price of this 0-Bed Unknown
EGP387,000 EGP | 
€52,992 EUR | 
£42,409 GBP | 
US$66,484 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 491186 
Town Naama Bay 
Province Red Sea 
Country Egypt  
Type Apartment/Flat
Bathrooms
Category Off plan 
Listed over 1 year ago
Innovative investment strategies offering 25% annualized returns regardless of market conditions   Find out more >>

Property Characteristics

  • Views:  View of Sea and Mountains, with lucious gardens and unique location
  • Parking:  Off street private parking

Map of Sharm el Sheikh, Muhafazat Janub Sina', Egypt

GraphView Projected Capital Growth Graph



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Price: EGP387,000

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Price of Property in Naama Bay, Egypt

Property Type Min Price Max Price Median Price
(All prices in EUR) Naama Bay Egypt Naama Bay Egypt Naama Bay Egypt
Detached 306,748 107,000 306,748 306,748 - -
Apartment/Flat 15,000 1 1,450,000 1,450,000 429,376 39,950
Townhouse 143,149 74,407 217,280 376,970 - 153,307
Studio 25,600 6,086 46,800 103,000 - 20,903
Penthouse 75,288 22,000 75,288 128,947 - -
House/Villa 96,800 42,000 1,600,000 1,600,000 - 470,000

* Calculations based on 143 properties for sale in Naama Bay and 774 properties for sale in Egypt





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