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    2 Bedroom Apartment for sale at Bay West
    Soma Bay, Hurghada,Red Sea
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    Sale Price
    EGP6,520,000
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    2 Bedroom Apartment for sale at Bay West

     (Write Review)
    Soma Bay, Hurghada,Red Sea
    Unit ID: U1967297
    2 Bedrooms
    2 Bathrooms
    103 SqM Size
    1 Floor
    Sep 2027 Off Plan
     (Write Review)
    Sale Price
    EGP6,520,000
    14

    About This Apartment

    This property is a 103 SqM apartment with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Soma Bay, Red Sea and it is scheduled for completion in Sep 2027. You can buy this apartment for a base price of EGP6,520,000 (EGP63,301/SqM).

    "2-Bedroom Apartment for Sale in Exclusive Somabay Location"

    • Somabay – An Oasis of Exclusivity and Style: Somabay is a private retreat for a discerning clientele—a place that embodies success, status, and refinement. Here, international businesspeople, affluent families, and prominent leaders from around the world find their second home. Somabay offers a world where exclusivity and a sophisticated lifestyle define daily life, making it the perfect getaway for those who seek only the best. About the Apartment Offering in Baywest Valley Somabay: The Baywest Valley project spans 292,760 m² and includes 533 suites across villas, chalets, and apartments, surrounded by exotic plants and expansive swimming ponds. Modern buildings feature a maximum of six units per residence, ensuring privacy and exclusivity. The apartments are east-facing with spacious balconies offering unobstructed views of the azure sea. Large windows bring in ample natural light and stunning vistas. Each 103 m² apartment includes two bedrooms, two bathrooms, a kitchenette, and a balcony—ideal for mid-sized families looking to enjoy the sunny climate year-round. The project is scheduled for completion three years after the contract date. The payment plan includes a 10% down payment and a seven-year term with interest-free quarterly installments. (Cash payments may receive discounts of up to 25%.)
    • Somabay as an Investment Location: Somabay offers numerous advantages for investors: low additional purchase costs and high demand for vacation rentals. The presence of renowned hotels such as Kempinski, Sheraton, and The Cascades drives continuous value appreciation. A professional management team handles rental services, and flexible, interest-free payment plans make it easy to get started.
    • Leisure Activities in Somabay: Somabay invites sports and leisure enthusiasts to world-class events and activities all year round:
      • Golf: Enjoy unforgettable moments at the Gary Player and Tim Lobb-designed golf course.
      • Kitesurfing: Ideal conditions for beginners and pros alike at the 7BFT Kite Surfing Center.
      • Diving: Discover top dive spots with the ORCA Dive Center.
      • Wellness: Pure relaxation awaits at the Cascades Spa & Thalasso.
      • Marina & Beach Clubs: Stylish retreats for relaxing days.
      • Leisure & Attractions: Excitement at Soma Splash Aqua Park and Soma Raceway.
      • Horse Riding: Experience riding tournaments and scenic rides at Jasmine Horse Stable. About us;My name is Khoder Fattah, Managing Director of Reed Sea Properties. I have over 22 years of experience in the real estate and construction industry in Germany. I and my team in Hurghada on the Red Sea are happy to be available to you for construction quality controls, market analyses, purchase advice and an independent, free initial consultation. “I look forward to a successful collaboration with you."
      •  

    Basic Information

    Date Listed Nov 11, 2024
    Updated 3 days ago
    Property Type Apartment
    Floor 1
    Bedrooms 2
    Size 103 SqM
    Price per SqM EGP63,301
    Pets All Kind of Pets Allowed
    Apartment Ownership
    N/A
    Furniture
    Unfurnished
    View(s) N/A
    Unit Type N/A
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    EGP800/mo
    Listed By
    Each listing provided by partnered agents is individually verified by FazWaz.com.eg. Partner Agents work for different brokerages or property management companies but have teamed up with FazWaz.com.eg so that we can provide you a wider choice of properties
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1967297

    Investment Opportunity: Charges & Yield

    Sale Price
    EGP6,520,000
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    EGP800/mo

    Project Details

    Project Name: Bay West
    Developer: N/A
    Construction: Off Plan (Sep 2027)
    Floors: N/A
    Buildings: N/A
    Units: 7
    Project Area: N/A
    Nearest Landmark N/A
    Location: Soma Bay, Red Sea
    Bay West Project Details

    Available Units at Bay West

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