Sandy Hook Overseas Property

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Viva Reef
 
egypt Property
 
VIVA REEF -  Sharm El Sheikh

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Viva Reef is a brand new development in the Nabq area of Sharm El Sheikh, superbly situated opposite the new golf course. This hotel complex offers affordable, very attractive, high quality residential units with special launch prices from approx GBP30,950

 

Apartments Front Elevation

 

Key Features

• Swimming Pool View from most apartments

• Sea View apartments available

• High quality building and European style finishing

• Hotel complex

• Access to hotel facilities

• Air conditioning included

• Golf course in close proximity under development

• Communal roof with sea views

• Daily shuttle bus service to the famous Mangrove beach

 

 

Facilities

• 5 swimming pools

• Shops

• Restaurants

• Gym

• 24 hour security

• Landscaped Gardens

• Rental and management services

• Pre-installation for telephone and internet lines

 

 

Investment opportunities

WHY INVEST IN VIVA REEF

- Excellent discounted off-plan pricing with strong potential for capital growth – up to 20% annual increases expected

- Year round rental season with high potential rental returns

- Located in one of the best diving destinations in the world

- Established tourist destination

- Fascinating history and culture to explore

- One of the most stable countries in the area

- Only 4.5 hours from the UK

- Rapidly emerging property market supported by different nationalities (including Egyptians)

- No Capital gains tax or Inheritance tax

- High quality building and European style finishing

 

2 years build and payment plan

 

 

Payment Plan

Purchase Price £1,000 Holding deposit (non refundable)

40% on signing contracts 15%

after 4 months 15%

after 8 months 15%

after 12 months 10%

after 16 months 5% on delivery (24months) 

1.5% Commission Charge

 

Maintenance starts at 1%

 

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Incredible value in Sharm el Sheikh – 1 bed 65 sq m c.£31,900; 2 bed 95 sq m c.£45,000 ... compare prices! Buy now and lock in equity at discounted phase I prices. 

 

Phase I comprises blocks 1, 3, and 17,18, 20.  Blocks 1 and 3 have sea views from the 2nd and 3rd  floors. All apartments have pool views

 

Apartments are sold as:

One bedroom apartments; 65m2 – 325,000 EGP

Two Bedroom apartments; 95m2 – 475,000 EGP

Hotel Complex – Hotel will be finished within 3 years – 4 star rating

5 swimming pools

Maintenance fees start at 1% of the purchase price annually

Air Conditioning included in the price

Ground floor apartments have small garden area – see floor plan

Beach is 5-10 minutes away

Complex perfectly  situated opposite the new golf course

 

Phase 1

Building 1-4

Phase 2

Building 5-10

Phase 3

Building 11-16

Phase 4

 

Building 17-20

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Disclaimer.  Please note all details, images & information received from developers are for guidance only. Developers may choose to omit/make additional changes throughout the development stages.  It is the responsibility of each client carry out their own due diligence for any purchase, and obtain professional legal advise before exchange of contract.
 
 
Sandy Hook Overseas Property Ltd - Cheshire
+44(0)77696 50282 Contact us & we'll ring you back!
 
 
 
 

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