3 Bedroom Apartment for sale at Soma Bay

Safaga, Hurghada,Red Sea

3 Bedroom Apartment for sale at Soma Bay

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Unit ID: U1966367

Safaga, Hurghada,Red Sea

$292,000

3 Bedrooms

Bathrooms

1,496 Sqft

Size

Floor

Dec 2016

Completed

Sale Price

$292,000

About This Apartment

This property is a 1,496 Sqft apartment with 3 bedrooms and 2 bathrooms 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 $292,000 ($195/Sqft).

Somabay High-end residential luxury on the peninsula. Red S

Somabay – An Exclusive Circle for the Elite:Somabay is a private sanctuary for a select elite – a place where only the most successful and discerning members of society find a home. International business leaders, affluent families, and high-ranking executives from around the world value this retreat as a statement of their status and elevated lifestyle. Somabay embodies a world where exclusivity, prestige, and sophisticated interaction shape everyday life – a unique environment for those who seek only the best.
About the Duplex Penthouse at the ARC Residential Project in Somabay: The Duplex Penthouse at the ARC Residential Project in Somabay sets new standards for contemporary elegance by the sea. With its stylish glass facades, the apartment offers uninterrupted, breathtaking sea views while ensuring the utmost privacy for its residents. The ARC Residential Project spans 101,530 m² and includes 362 suites, multiple pools, and expansive green areas. The Duplex Penthouse features a spacious 139 m² layout over two levels, with three bedrooms and two bathrooms. The modern design is characterized by neutral tones and high-quality finishes. The 60 m² terrace is perfect for enjoying panoramic views, whether for relaxation or entertaining. Large windows allow plenty of natural light and offer a spectacular view of the sea. Project Completion: The project is planned for completion three years after the contract signing.Payment Terms: A 10% down payment is required, with the balance paid over 7 years in equal quarterly installments – simple and interest-free.
Investment Benefits in Somabay:Somabay offers numerous advantages for investors, including low additional purchase costs and high demand for holiday rentals. Renowned hotels like Kempinski, Sheraton, and The Cascades contribute to the property's appreciation, making Somabay an exclusive location. Professional management handles property administration and rental, while flexible, interest-free payment plans make entry easy.
Leisure Activities in Somabay:Somabay offers world-class events year-round for sports enthusiasts and leisure seekers from around the globe:• Golf: The Gary Player and Tim Lobb Golf Courses provide unforgettable experiences.• Kitesurfing: Perfect for beginners and pros alike at the 7BFT Kite Surfing Center.• Diving: Discover top diving spots with the ORCA Dive Center.• Spa: Relaxation awaits at the Cascades Spa & Thalasso.• Marina & Beach Clubs: Exclusive retreats for pure relaxation.• Leisure & Attractions: Fun activities at Soma Splash Aqua Park and Soma Raceway.• Horse Riding: Enjoy events and rides at Jasmine Horse Stable.
Somabay – The Perfect Retreat on the Red Sea:Somabay is more than just a destination; it’s a luxurious lifestyle available to you year-round. Surrounded by an exclusive community of distinguished individuals, discerning retirees, and families, Somabay offers everything needed for an active, worry-free life under the sun. In addition to world-class leisure and unique recreational offerings, essential amenities such as schools, clinics, and pharmacies are also at hand.
About Us:My name is Khoder Fattah, Managing Director of Properties and Partners. With over 22 years of experience in the real estate and construction industries in Germany, my team and I are here to assist you in Hurghada on the Red Sea. We offer construction quality control, market analysis, purchase advisory services, and an independent, complimentary initial consultation. "I look forward to a successful partnership with you."

Basic Information

Date Listed Nov 10, 2024

Updated 3 days ago

Property Type Apartment

Floor 1

Bedrooms 3

Size 1,496 Sqft

Price per Sqft $195

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 U1966367

Investment Opportunity: Charges & Yield

Sale Price

$292,000

CAM Fee

$16/mo

Project Details

Project Name: Soma Bay

Developer: N/A

Construction: Completed (Dec 2016)

Floors: N/A

Buildings: N/A

Units: 9

Project Area: N/A

Nearest Landmark N/A

Location: Safaga, Red Sea

Soma Bay Project Details

Available Units at Soma Bay

For Sale 9 For Rent 1

All
Studio
2 Beds
3 Beds

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Red Sea

Safaga

Neighborhood Overview

Buy
$153.94K - $4.67M
For Sale on AsiaVillas
36 properties
Rent
$950 - $4.06K
For Rent on AsiaVillas
3 properties
To EI Gouna
83.3 km / 1 hour by driving
To Sharm El Sheikh International Airport
172 km / 3 hours by driving

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