2 Bed Apartment for sale in Sharm El Sheikh, Red Sea Riviera/Sinai,...

1. Total number of units: Zone D = 132 Units
2. Number of buildings: 11
3. Number of floors per building: 3
4. Number of units per floor: 4
5. Number of units per building: 12

Starting prices in EGP:

Type M2 Min Price in EGP In £
1 Bedroom 70 472,500 EGP £ 49,700
1 bedroom 75 506,250 EGP £ 53,300
2 bedroom 95 641,250 EGP £ 67,500

6. Site layout: (see masterplan)
Zone D Buildings 1-7 – Phase 1 Total = 84 Units
Zone D Buildings 8 -11 – Phase 2 Total = 48 Units (not for sale at this time)

7. Delivery: Zone D – Jan 2012 (zone A & B are completed and delivered – not for sale)

8. Payment plan = 1 year payment plan =
• 40% = first payment = 4 weeks after reservation
• 20% = after 3 months
• 20%= after 6 months
• 15% = after 9 months
• 5% = on delivery

9. Views = All apartments have pool views

10. Construction status: structure already up to second floor level (= top floor)

11. Location: on the edge of Naama bay on Peace Road. Only 16 minutes walk to the very heart of Naama Bay, Naama Strip and Naama Beach

12. Facilities & activities: the resort offers facilities such as:
• Very high speed internet and landline phones
• Housekeeping + free delivery from resort shops
• Coffee shop, restaurant
• Supermarket, pharmacy, laundry
• 9 pools for whole complex – including one swimming pool in Zone D
• Health club and Spa, beauty salons
• Children’s playground

13. Distance from the sea: Viva Lakes is about 18 minutes walk from public beach of Naama Bay

14. Air conditioning: connection included. Air conditioning units at extra cost.

15. Maintenance and service charges: 60 EGP/ M2 per annum, increases by up to 10% annually, covers:
• Landscape gardening and maintenance
• 24 hour security
• Spraying insecticide
• Garbage collection
• Streets, side walks and public areas maintenance
• Swimming pools maintenance
• Water supply, sewage and electricity maintenance
• External Public Lighting

16. Estimated rental income: estimated at 8% p.a.. Clients can discuss their requirements with our lettings department once they have selected the unit they want to buy. Examples of rental charges = 1 month rent for a 12 month rental contract and 15% for a short term/holiday lets contract.

17. Special offers for cash buyers/ other offers: Agents can offer a 5% discount ONLY if the client pays a deposit before doing a viewing trip. This deposit can be transferred to another purchase with us but it is non-refundable.