2 Bedroom Apartment for sale at Soma Bay

 (Write Review)
Safaga, Hurghada,Red Sea
Unit ID: U962958
4% Rental Yield
2 Bedrooms
1 Bathroom
123 SqM Size
Dec 2016 Completed

About This Apartment

This property is a 123 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the project in Safaga, Red Sea and was completed in Dec 2016. You can buy this apartment for a base price of EGP34,200,000 (EGP278,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed May 31, 2021
Updated N/A
Property Type Apartment
Floor N/A
Bedrooms 2
Size 123 SqM
Price per SqM EGP278,000
Pets N/A
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.
N/A
Listed By
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U962958

Investment Opportunity: Charges & Yield

Sale Price
EGP34,200,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
26
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom apartments at Soma Bay, and the current sales price.
4%

Project Details

Project Name: Soma Bay
Developer: N/A
Construction: Completed (Dec 2016)
Floors: N/A
Buildings: N/A
Units: 10
Project Area: N/A
Nearest Landmark N/A
Location: Safaga, Red Sea
Soma Bay Project Details

Available Units at Soma Bay

For Sale 10 For Rent 1
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Red Sea
Safaga

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Soma Bay

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Soma Breeze
Location
Soma Bay, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP18.7M - EGP75.6M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Safaga, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP20.2M - EGP231M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Bay Central
Location
Soma Bay, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP60.2M - EGP231M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Bay West
Location
Soma Bay, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP6.54M - EGP51.2M
Monthly Rentals
N/A
Year Built
Sep 2027
Completion Status
Off Plan
Project Name
Mesca
Location
Soma Bay, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP14M - EGP82.2M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Safaga, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP23M - EGP64.6M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Safaga, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP29.8M - EGP31M
Monthly Rentals
EGP201K
Year Built
N/A
Completion Status
Completed
Project Name
Abu Soma Resort
Location
Safaga, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP52.5M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Port Ghalib
Location
Safaga, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP10.1M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Makadi, Hurghada, Red Sea
Number of units
N/A
Sales Prices
EGP2.91M - EGP83.1M
Monthly Rentals
EGP4.48K
Year Built
Jan 2020
Completion Status
Completed
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