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    2 Bedroom Apartment for sale at Soma Bay
    Safaga, Hurghada,Red Sea
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    Sale Price
    $692,000
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    2 Bedroom Apartment for sale at Soma Bay
     (Write Review)
    Unit ID: U962958
    4% Rental Yield
    Safaga, Hurghada,Red Sea
    $692,000
    2 Bedrooms
    1
    Bathroom
    1,324 Sqft
    Size
    Dec 2016
    Completed
    10
    Sale Price
    $692,000

    About This Apartment

    This property is a 1,324 Sqft 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 $692,000 ($523/Sqft).

    Features

    BalconyBalcony

    Basic Information

    Date Listed May 31, 2021
    Updated N/A
    Property Type Apartment
    Floor N/A
    Bedrooms 2
    Size 1,324 Sqft
    Price per Sqft $523
    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
    $692,000
    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.
    27
    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

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