Sharm El Sheikh Real Estate

Sierra Resort Nabq

Pictures

Sierra Resort NabqSierra Resort Nabq is locted in a 4 star resort with beach access 10 minutes away by foot. The Nabq area is considered to be one of the most beautiful coastal development areas in the world and will boast all the conveniences to rival any other area and make your vacation a memorable one. Sierra Resort offers payment terms over 3 years with various discount and investment options. The first handovers for the residential area are planned for June / July 2007. With sea views, mountain views and pool views from various apartments this complex offers something for everyone.

Sharm El Sheikh Real Estate has exclusive selling rights to this resort.

Sierra resale - buy a ready-to-move-in apartment in Sierra
Sierra letting - fully furnished apartments for rent

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Email us about these properties on coordinator@sharmelsheikhrealestate.com

Sierra Resort Nabq 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 360,000 EGP on cash basis
  • Phase two, Prices start from approx. 38,935 GBP on cash basis, approx. 41,870 GBP on instalments (according to current exchange rate)
  • Phase one: ready to move in
  • Phase two, Zone 9: handover August 2009
  • 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
  • Online availability of flats here, regularly updated to reflect recent sales.

Facilities

  • Sea or Mountain View
  • Garden
  • Roof Top
  • Balcony
  • Swimming Pool
  • Beach Access
  • Parking
  • 1-3 Bedrooms
  • 3 Floors
  • Satellite Dish

Financial Details

Terms of Payment

  • Phase one, (ready to move in) 100% cash payment
  • Phase two, zone 9 (handover August 2009):
    50% contracting deposit
    50% payment over 12 months in 4 postdated cheques
  • 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) 15,000 EGP
  • 2 Bedrooms Apartment (120 m²) 30,000 EGP
  • Maintenance fees are paid once on handover and are refundable on resale.
  • 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
  • All floors can be configured to be 1, 2, & 3 bedroom apartments
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