APARTMENT FOR SALE IN BAY WEST, SOMA BAY

Limited SEAVIEW Units 2BR 7 Years Installments

Property Type:

Apartment

Property Size:

829 sqft / 77 sqm

Bedrooms:

2 + Maid

Bathrooms:

Available from:

21 Mar 2025

2,000,000 EGP

Payment method

Installments

Down payment

400,000 EGP

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Location

Bay West

Red Sea, Hurghada, Safaga, Soma Bay

Agent

Seif Ikram

Continental Brokers

(29 Properties)

Amenities

Maids Room

Study

Central A/C

Balcony

Private Garden

Private Pool

Shared Pool

Shared Spa

Security

Covered Parking

Built in Wardrobes

Walk-in Closet

Kitchen Appliances

View of Water

View of Landmark

Shared Gym

Lobby in Building

Children's Pool

Description

*UNIT DETAILS*
Nestled in a prime location on the sandy beachfront, offering sweeping views of the sea from the first row, this standalone 1-bedroom lodge presents an exceptional opportunity. Fully finished and boasting a built-up area (BUA) of 70 sqm, this residence features Two bedrooms, One bathroom, a terrace. With just a 10% down payment and a 7-year installment plan, this property offers both luxury and flexibility.

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Developed by: Biscay Developments
Project: Soma Bay Red Sea
Phase: Biscay Residence
_________
Key Milestones:
- 1988: Became Coca-Cola franchisee for Saudi Arabia
- 1991: Acquired a 5.3% stake in Chase Manhattan
- 1996: Obtained a 12% economic interest in National Grid
- 2000: Acquired 12.4% of MetLife during IPO
- 2008: Acquired a significant stake in Visa during IPO
- 2010: Initiated investment in BlackRock
- 2014: Purchased a real estate portfolio in Paris
- 2015: Acquired and renovated Hotel Ritz, Madrid
- 2019: Merger of Alawaal Bank and SABB, creating Saudi Awwal Bank (SAB)
- 2022: Celebrated 75 years
_________
Soma Bay, a sprawling resort peninsula spanning 10 million square meters along the Red Sea coast of Egypt, is meticulously designed to showcase the finest elements of sun and sea. This self-contained paradise offers sandy beaches to the south and captivating coral reefs to the north.

Location & Proximity
- Soma Bay Red Sea - Hurghada
- A mere 30 minutes from El Gouna
- Just 10 minutes from Sahl Hasheesh
- Conveniently located 10 minutes from Hurghada airport
- Only 10 minutes from Makadi Heights

Facilities & Services at Soma Bay
- Thalasso By Cascades: Acknowledged as the best Spa in the Middle East, encompassing 7500 sqm with 65 treatment rooms utilizing aqua tonic with salted water from the sea
- 11km of sandy beaches, boasting the longest shoreline within any compound along the Red Sea
- 3 International Golf Courses offering over 45 holes, including the Par 3 Golf Challenge Course designed by Gary Player
- Orca D

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Red Sea

Reference:

continental-brokers-8045390

Listed:

1 month ago

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