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Sharm El Sheikh Apartments

9/22/2008 - EGYPTIAN REALITY GROUP

REF: 2 Superb 1 bedroom Apartment in Sharm El Sheikh Sharm el Sheikh Egypt for sale for 42,930 GBP weekly from contact EGYPTIAN REALITY GROUP for details. The Apartment is over 70 sq m and has 1 bathrooms marketed on 22 September 2008.

Apartment Off-plan in Sharm El Sheikh Sharm el Sheikh, Egypt

Property in Sharm el Sheikh | Property in Egypt | Back



Sharm El Sheikh Apartments Sharm El Sheikh Apartments
Sharm El Sheikh Apartments
Bedrooms: 1 Bathrooms: 1 Size: 70 sq m
Price: 42,930 GBP weekly from

(EUROS) € 53,959
(GBP) £ 42,930
(US) $ 79,751
Finance this property from 127.72 GBP (€ 160.53/ £ 127.72/ $ 237.26) per month - see our Egypt mortgages info

Apartment Description

  • 3 years credit with 0 interest
  • 1 and 2 bedrooms apartment for sale in a compound

This attractive fantastic value for money new development in Ras Om El Sid is only 10 minutes by car to busy Naama Bay and 20 minutes form the International airport.

A small development with only 90 apartments this resort has been designed to create a relaxing community environment. Apartments are offered as 71sqm, 76sqm, 110sqm and 115sqm there is a variety of combinations of layout ensuring a home to suit each individuals needs. The buildings are only two stories high with roof for first floor owners and a small garden for ground floor, it is possible to create a duplex which means you have a garden and a roof terrace.

This delightful development has been designed to create a place of beauty for artists to paint, with a small piazza in each corner of the project for this purpose. The resort faces the stunning mountains of South Sinai and will have beautiful landscaped gardens surrounding a large swimming pool.

This resort has the advantage of the use of a heated swimming pool in the hotel, which makes it an ideal rental investment as combined with a temperate climate in the winter this resort will be able to offer it self as a year round holiday destination with the option of swimming in a warm pool in the winter, an unusual feature in Egypt in the winter!

Amar Sina Ateleir is located walking distance from the newly opened and stylish Il Mercato shopping mall, which includes many European brands including Starbucks and Costa Coffee, Body shop, Next, Mac, Mother care, Puma , Addidas , Quiksilver, Calvin Jeans, Diesel, Reply and Levis to name a few. The Ritz Carlton Mall will also be close by opening in 2009 and will have a piazza with restaurants and cafes and a mall of designer boutiques for those wanting to shop and the more traditional Old Market of Sharm El Sheikh is only a 5 minute drive away.

The resort has a shared beach with its sister hotel Amar Sinai, a regular shuttle bus goes to the man made sandy beach which has facilities is a 5 minute drive away from the hotel which is directly across the road from the resort, there is also a very nice public beach a 10 minute walk from the complex.


Access to the beach: shared private beach 5 minutes by shuttle bus.
Swimming pool: One large swimming pool and one heated swimming pool in the hotel.

Total area: 90 apartments
Prices
Ground floor and first floor 6,500 LE per square meter

1 bedroom ground floor apartment 71 sqm2 one living room, two balconies with 40sqm garden 461,500 LE
1 bedroom first floor apartment 76sqm2 one living room, two balconies with private shaded roof terrace 494,000 LE
2 bedroom L shaped ground floor 110sqm apartment, one living room, 1 bathroom, three balconies with 60sqm garden 715,000 LE
Duplex apartment 115 m2, two bedrooms, one living room, one dining room/bedroom,2 bathrooms, four balconies, 20sqm garden, 32sqm shaded roof terrace 747,500 LE
Apartment suite 155 m2, one or two bedrooms, 2 bathrooms, living room, dining room, sitting room, dressing room with 2 40m2 garden 1,007,500 LE

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EGYPTIAN REALITY GROUP


EGYPTIAN REALITY GROUP
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Egypt Mortgages: Example for REF 2

( Apartment Off-plan in Sharm El Sheikh Sharm el Sheikh, Egypt )

Interest only mortgage

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 12,879 GBP
70 % Financed = 30,051 GBP
Monthly mortgage repayment = 127.72 GBP (€ 160.53/ £ 127.72/ $ 237.26)

Capital repayment mortgage:

Example APR = 5.1 %
Example Mortgage Term = 30 years
30% Deposit = 12,879 GBP
70 % Financed = 30,051 GBP
Monthly mortgage repayment = 163.16 GBP (€ 205.08/ £ 163.16/ $ 303.1)
Correct as at Saturday, October 11, 2008

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