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PROPERTY
IN
VIVA REEF - Sharm El Sheikh
. Viva Reef 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
1 Bed 65m2 £44,700 approx. 375,500
EGP
2 Bed 95m2 £65,300 Approx.
522,500 EGP
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 - 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%
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 - £44,700 Two Bedroom apartments; 95m2 - £65,300 Hotel Complex – Hotel will be finished
within 3 years – 4 star rating 5 swimming pools
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
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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)161 303 8769 +44(0)77696 50282
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