Real Estate For Sale: 1 bed Apartment in Hurghada Hurghada Egypt

Apartment For Sale In Bay West Valley Soma Bay

*Bay West Valley Apartment Specifications:
- This super deluxe apartment is 72 sqm, situated on the 2nd floor with a shared pool, and is located in Baywest Valley Soma Bay.
- The Baywest apartment consists of one bedroom, one bathroom, a kitchen, a living area, a dining area, and a covered terrace with an amazing pool and landscape view.
-The Baywest Valley apartment is ideally situated just a short five-minute stroll from the sun-kissed shores of the beach, allowing residents to enjoy the soothing sound of waves and the warm, sandy coastline at their leisure.
- Nestled in the exquisite Soma Bay, this apartment is a true sanctuary for those yearning for the ultimate retreat. It embodies relaxation, luxury, and privacy, making it the perfect destination for anyone seeking a serene escape from the everyday hustle and bustle.
* The payment plan for the Baywest apartment is structured as follows:
- 10% initial payment upon signing the contract.
- 5% Bullet Payment after 1 year.
- 5% Bullet Payment after 2 years.
- The total payment period spans over 7 years.
*About Baywest Valley Soma Bay:
Experience luxury in every thoughtful detail where prestige hospitality is rediscovered with genuine warmth and passion. Awaken forgotten desires and build unforgettable memories to fuel a lifetime of inspiration. Somabay is where glorious coastlines meet modern-day opulence in the land of vibrant culture and mystical history. Succumb to the alluring siren of Somabay, your destination that surpasses the frontier of euphoria and tranquility.
Located on Somabay’s west coast, Baywest is the perfect idyllic residential project.
Renowned for its soothing architecture, picturesque surroundings and tranquil sea which guarantees an impeccable stress-free environment for you and your family.
*Investing in Soma Bay:
Somabay is aiming to attract international visitors and establish itself as a leading global tourism destination. The new management of Somabay has identified real estate marketing as a critical aspect of its strategy, in addition to hospitality.
Investing in SomaBay offers a promising opportunity within the Hurghada real estate market. SomaBay is a highly desirable tourist destination that attracts visitors from around the globe due to its international sports events, art scene, golf courses, and fishing, kite surfing and diving activities. Its growing popularity makes it an appealing prospect for real estate investment.
Despite the recent deflation in the Egyptian real estate market, SomaBay's sales have not been negatively impacted. On the contrary, the company's sales are increasing because it targets a specific segment. Additionally, 30% of its customers are foreigners, making it an ideal destination for both stable investment and personal inspiration.
The location is one of the most crucial factors in real estate investments and high return on investment rates. This apartment is an excellent choice if you are looking for a stable real estate investment, given its prime location in one of the top desirable destinations and high demand. As a result, you can either move into the apartment and benefit from its guaranteed increase in value, or use it as an income-producing investment by renting it out at a guaranteed high rental rate that yields a high percentage of its value annually.
*Location:
Somabay’s location is ideally situated on the eastern shores of Egypt on the Red Sea coast just 20 minutes by car from Hurghada International Airport. Only a 4 hour flight from Central Europe, the ten million square meters, self-contained community of Somabay is surrounded with three sides of the sea. The resort location boasts some of the most beautiful sandy beaches of the Red Sea and panoramic views of desert mountains. Nestled on 10 million square meters of lush land, life at Somabay is where fantasy-scapes follow you wherever you go and sun-drenched activities take infinite elevating forms.
Features
Central Satellite
Cafes & Restaurants
24/7 Security
Laundry Service
Parking
Closed Community
Luxury Finishing
50% Landscaped
Balcony/Terrace
Beach Access
Club House
GYM