Price starts from

1,800,000 EGP

  • Start SQM: 60 m2
  • Development due date : 01-01-2011
  • Total Plot: m2
  • Building floors: 3
  • Total Units:
  • Price starts from : 1,800,000 EGP

Overview

Sierra Resort Nabq, a pleasant gated resort immersed in the tranquility of many swimming pools, is ideally located in the heart of Nabq bay on 2nd line from the sea and with a beautiful beach just across the road. The Nabq area is one of the most beautiful coastal development areas in the world with her peaceful lagoon laced with coral reefs and a developing entertainment and shopping center with many international brands and outlets

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Project Highlights

  • Beach 1 km, airport 7 km, Na'ama bay 15 min drive
  • 10 swimming pools
  • Top floor apartments with private roof area
  • Ground floor apartments with garden
  • Prices start from 350.000EGP on cash basis
  • Phase one: ready to move in
  • Phase two, Zone 9: Sold Out!
  • Phase Two, Zone Ten: Handover 1 year from signing the contract
  • Units for resale available
  • No commission from buyer
  • Smoke detector connected to the fire alarm system of the hotel
  • Imported doors from the UK (Crosby) treated against fire
  • Wi Fi
  • Parking
  • All floors can be configured to be 1, 2, & 3 bedroom apartments

Financial Details

Terms of Payment

  • Phase Two, (ready to move in) 100% cash payment
  • Phase three, zone 11 (handover 12 months from signing the contract):
  • 40% contracting deposit
  • 60% payment over 24months
  • 7 % discount on 100% cash payment upon signing of contracts
  • special discount on 100 % cash payment for investors for a whole block sale of 6 units and above


Maintenance fees

  • 1 Bedroom Apartment (60 m²) 400 EGP per month
  • 2 Bedrooms Apartment (120 m²) 800 EGP per month
  • Maintenance fees are paid once on handover.
  • For water and electricity meters 2,300 EGP
  • Electricity card (which will be recharged with) 500 EGP
  • Insurance for water (to be paid in advance; refundable on resale) 1,000 EGP

No Commission From buyers

Project Facilities

  • Sea, Pool or Mountain View
  • Garden with ground floor apartments
  • Roof Top with top floor apartments
  • Balconies
  • 10 Swimming Pools
  • Beach Access
  • Parking
  • 1-3 Bedrooms
  • 3 Floors
  • Central Satellite Dish

Investment Advise

  • Avg sqm price for Sierra Resort : 30,000 EGP in 2024
  • Avg Annual investment increase by -5 %

Map

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