Sharm El Sheikh Real Estate
Property Details Sheet
Printed On: 31 July 2010
http://www.sharmelsheikhrealestate.com/projects/maraqia-resort

Maraqia Resort Nabq

Nabq’s newest high class hotspot

Magnificent properties set just next to the mountains of Nabq with all year round nice breeze and a cosmopolitan lifestyle that will reassure the residents and families with children to enjoy the tranquility. Yet not far away from the future high class 5 Star Plus Hotels and most luxurious residential area near the future entertainment and business districts with 60,000 m² artificial crystal lakes, landscaping, parks, children playgrounds, shopping malls, plans for 2 golf courses, it is perfectly positioned resort to live in or rent out.

The project is on 40,000 m² and building area over 20% of the area and landscaping over 80 %. The Value of the properties will increase dramatically in the future when the luxurious surrounding is established.

Project highlights

  • Price from 195,800 EGP (approx. £24,475)
  • Studios, 1 & 2 bedroom apartments & Impressive duplex 3 bedrooms penthouses
  • 4 pools, each with small pool for children
  • 5 minutes to Nabq beaches
  • 6 minutes drive by car to Sharm International Airport
  • Na’ama Bay 15 min drive
  • 2 minutes drive by car to PGA 18 hole golf course
  • 1 minute drive to the future luxurious City Stars - 5 Stars Plus Hotels / crystal lakes & shopping district
 

Project Facilities

  • Beach Access with fees
  • Restaurants
  • 2 tennis courts + football court + volleyball court
  • With fees: Wi Fi, Gym & Shuttle Bus
  • Housekeeping & laundry services
  • Central satellite dish, parking
  • Washing machine installation
  • Children playground
  • 24 hours security with surveillance cameras
  • Hotel Management & Rental option
 

Financial details

Terms of Payment

  • Contracting deposit 35 %
  • 55 % till 31 December 2010
  • Quarterly payment plan
  • 10 % Handover payment
  • Discount 10 % for 100 % cash payment in advance
  • Discount 5 % for 2 unit, 7.5 % for 3 units, 10 % for 6 units
  • Electric and water meter extra (approx 3,300 EGP)
  • Electric & water meter extra for lofts (approx. 4,800 EGP)
  • No commission from buyers

Maintenance fees

  • One off payment upon handover:
    - Studios – 10,000 EGP
    - 1 bedroom apartments – 15,000 EGP
    - 2 bedroom apartments – 20,000 EGP
    - 3 bedroom penthouses – 30,000 EGP
    - There will be a 15 % increase every 3 years
    - Example for studio:
    - 3rd year = 1,500 EGP, 6th year = 1,725 EGP
  • Covers garbage collection-spray for pesticides-security-pools-communal lights-gardens
  • Furniture option is available

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