2 Bedroom Apartment for sale at Bay West

Soma Bay, Hurghada,Red Sea

2 Bedroom Apartment for sale at Bay West

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Unit ID: U1967297

Soma Bay, Hurghada,Red Sea

$132,000

2 Bedrooms

Bathrooms

1,109 Sqft

Size

Floor

Sep 2027

Off Plan

Sale Price

$132,000

About This Apartment

This property is a 1,109 Sqft 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 $132,000 ($119/Sqft).

"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 2 days ago

Property Type Apartment

Floor 1

Bedrooms 2

Size 1,109 Sqft

Price per Sqft $119

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

$16/mo

Listed By

Agent / Partner

Electricity Price N/A

Water Price N/A

Unit ID U1967297

Investment Opportunity: Charges & Yield

Sale Price

$132,000

CAM Fee

$16/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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Red Sea

Soma Bay

Neighborhood Overview

Buy
$132.24K - $4.68M
For Sale on AsiaVillas
42 properties
Rent
$0 - $0
For Rent on AsiaVillas
0 property
To EI Gouna
82.9 km / 1 hour by driving
To Sharm El Sheikh International Airport
171 km / 3 hours by driving

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