1 bedroom Apartment for sale in Sharm el Sheikh, Red Sea

Specification

Description

It is a low density project with 20% residential and commercial areas, which provides a private and relaxing environment.Because of its excellent location – only two minutes drive from bustling life of Naama Bay, it provides you with easy access to wide range of attractions and entertainment. Sharm El Sheikh International Airport is only 10 minutes drive away. Owners of these apartments are able to enjoy numerous swimming pools of the resort. Beach access has also been arranged in one of the private beaches in the Old Sharm area. If you are looking to invest in Sharm El Sheikh primarly for investment purposes, this development is definitely an option worth considering due to a Guaranteed Rental Scheme offering 7% net return per year.

Facilities & Benefits * All apartments with pool or lake views * Ground floor apartments have patios; first floor apartments have private roof terraces * 8 pools and artificial lakes * Beach access arranged in one of the private beaches in the Old Sharm area * Shops * Pharmacy * Restaurants and cafes * 10-20% discounts on food and beverage in the resort * Housekeeping, laundry at discounted prices * 24 hours security * Maintenance services * Parking places * Proximity to a wide range of entartainment in Naama Bay * Guaranteed Rental Scheme offering net returns of 7% per annum, payable in advanceFinishing * European standard of finishing. * Each apartment has an open-plan kitchen with living room, providing the owners with a very adaptable space. Two bedrooms apartments have two bathrooms. * Ceramic floor tiles throughout. * Aluminium powder coated windows frames and balcony doors. * Rendered walls painted. * All electrical power points and light switches. * Sockets for telephone. * Stainless steel sinks with mixer taps in kitchen. * Plumbing for washing machine. * Ideal Standard toilet, washbasin and shower. * Ceramic wall tiles in bathrooms. * Pre-installation for airconditioning.
Payment Schedule: For units in Phase One that are already complete, 100% is payable upon contract.For units in Phase Two, 50% is payable upon contract, with the remaining 50% payable upon completion in August 2010.

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