Ground Floor Chalet For Sale In Reef Town Soma Bay

Chalet
Beds:2
Baths:2
103 M²

Description

*Reef Town Soma Bay Chalet Specifications:

- This exquisite chalet boasts a total area of 103 square meters, with 99 square meters of indoor space, a 4-square-meter covered terrace, a 36-square-meter open terrace, an 84-square-meter private garden, and a 36-square-meter roof terrace. It is positioned on the ground floor and is nestled in Reef Town, Soma Bay.

- The Reef Town chalet consists of two bedrooms, two bathrooms, an open kitchen, a Dining area, a living area, and a spacious terrace with a mesmerizing sea view.

- The Reef town chalet features a spacious roof terrace, ideal for hosting gatherings with friends, organizing BBQ parties, and enjoying the stunning sea view with its breathtaking sunsets, mesmerizing sunrises, and gazing at the starry night sky.

- The Reef town chalet suits serenity, luxury, privacy, and relaxation seekers.

- The Reef town chalet is designed to blend seamlessly into the surrounding natural landscape.

- The Reef town chalet is to be delivered in 2 years; The Chalet is available for resale at a price below the market value. The seller is open to a partial cash payment, which covers the installments and club membership fees already paid by the owner. The remaining amount can be paid in 22 installments over 5 years.

*About Reef Town Soma Bay:

- Developed to incorporate modern elements taken by the minimalistic style of the natural colors and textures that compose Somabay, Reeftown is the latest project to reflect the beauty of the Red Sea in structure and design.

- Located between Wadi Jebal and Soma Breeze the strategic positioning of Reeftown on the Reef side of the bay boasts unobstructed, panoramic views of the Red Sea and beyond.

- The project is comprised of intimate, two to three bedroom chalets that are designed to blend seamlessly into the surrounding natural landscape.

- In close proximity to the diverse facilities provided in Somabay, residents of Reeftown are only a short walk away from our world-renowned golf course, private coastline, and The Cascades Hotel.

- TOTAL GLA 117,078 SQM

- TOTAL BUA 23,244 SQM

- BUILDING FOOTPRINT BUA 20% of total land area

*About Soma Bay:

Somabay is a ten-million-square-meter resort peninsula on Egypt’s Red Sea Coast, designed to celebrate the best elements of the sun and sea.

This self-contained resort paradise is encompassed by endless sandy beaches to the South and magical coral reefs to the North.

Somabay hosts a pure natural landscape accented by its diverse resort hotels, residential properties, golf course, thalasso spa, and water sports centers.

The peninsula is blessed with dry desert winds and low humidity. Winters are temperate with daytime temperatures averaging in the low to mid 20 C while summer averages in the low 30 C.

Somabay is home to world-class hotels and resorts, offering the best hospitality along the Red Sea

The Westin Soma Bay Golf Resort & Spa is a haven of tranquility, comfort and elegance for golf enthusiasts. Here’s where you can come for a relaxing and invigorating experience for the body, mind and soul.

Inspired by the ancient Moorish fortresses, the Kempinski overwhelms its visitors with 7000 square meters of landscaped gardens, pools, lagoons, waterfalls and 400 meters of sandy beaches, promising nothing less than hospitable luxury.

The Sheraton is a unique five-star resort, with design inspiration from Luxor’s Karnak and an 800-meter beachfront.

There’s also the modernity offered by The Breakers 4-star water-sports lifestyle hotel directly by the sea, while the Robinson Club Soma Bay, known for its Arabesque architecture and extensive facilities, delivers on exceptional animation and entertainment programs to suit everyone’s taste.

With a world of hospitality options available, all you need to do next is enjoy the ideal weather conditions by engaging in over and under the sea water sports such as kite surfing, diving, wind surfing, and sailing. You’re in for adventures that are easy, safe and fun thanks to the host of premium centers.

7Bft Kite House is one known for its excellent, Consistent flat-water conditions and side shoe winds.

Diving enthusiasts can head over to Somabays’s Dive Center, operated by ORCA Dive Clubs, enjoy the 420-meter-long jetty which extends directly to the House Reef, and embark on deep sea diving and snorkeling. Both centers provide certified instructors who offer lessons from beginner to advance levels, and are well-equipped to ensure your adventures are fun, safe and incredible.

Somabay’s new management set the real estate marketing as a crucial part of its strategy along with hospitality, Somabay has a promising future in Hurghada real estate market and investment, Somabay was not affected by the decline in the real estate market, on the contrary the company’s sales are increasing because it targets a specific segment, and 30% of its customers are foreigners.

*Investment In Soma Bay:

This stunning chalet presents an exceptional investment opportunity with its below-market selling price. Boasting unparalleled privacy, breathtaking sea views, a private garden, and a personal roof, this property offers an idyllic retreat.

Owning a beachfront chalet in Soma Bay without the need for immediate full payment, opting for convenient installment plans, represents a strategic investment decision. This versatile chalet can be utilized as a permanent residence, ensuring a guaranteed appreciation in its value, or as a holiday home that can be rented out for the majority of the year in one of the most sought-after destinations along the Red Sea coast. This dual-purpose approach promises a substantial annual return on investment.

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.

*Soma Bay Location:

Somabay is just four hours away from Central Europe and a 30-minute drive away from Hurghada International Airport, furthermore; the ancient sites of Luxor and the Nile Valley are a convenient two-hour drive away.