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    2 Bedroom Apartment for sale at Soma Bay
    Safaga, Hurghada,Red Sea
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    Sale Price
    EGP33,000,000
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    2 Bedroom Apartment for sale at Soma Bay

     (Write Review)
    Safaga, Hurghada,Red Sea
    Unit ID: U962958
    3% Rental Yield
    2 Bedrooms
    1 Bathroom
    123 SqM Size
    Dec 2016 Completed
     (Write Review)
    Sale Price
    EGP33,000,000
    10

    About This Apartment

    This property is a 123 SqM apartment with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Soma Bay project in Safaga, Red Sea and was completed in Dec 2016. You can buy this apartment for a base price of EGP33,000,000 (EGP268,000/SqM).

    Features

    BalconyBalcony

    Basic Information

    Date Listed May 31, 2021
    Updated N/A
    Property Type Apartment
    Floor N/A
    Bedrooms 2
    Size 123 SqM
    Price per SqM EGP268,000
    Pets N/A
    Apartment Ownership
    N/A
    Furniture
    Unfurnished
    View(s) N/A
    Unit Type N/A
    Building N/A
    CAM Fee
    The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
    N/A
    Listed By
    Agent / Partner
    Electricity Price N/A
    Water Price N/A
    Unit ID U962958

    Investment Opportunity: Charges & Yield

    Sale Price
    EGP33,000,000
    Price-to-Rent Ratio
    The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
    31
    Rental Yield
    This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom apartments at Soma Bay, and the current sales price.
    3%

    Project Details

    Project Name: Soma Bay
    Developer: N/A
    Construction: Completed (Dec 2016)
    Floors: N/A
    Buildings: N/A
    Units: 4
    Project Area: N/A
    Nearest Landmark N/A
    Location: Safaga, Red Sea
    Soma Bay Project Details

    Available Units at Soma Bay

    For Sale 4 For Rent 1
    • All
    • Studio
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to Soma Bay
    View All (4)

    Loan Calculator

    Sale Price : ฿5,759,000
    FazWaz Estimate : ฿5,550,000
    Price Rating : Great Price
    Sale Price : ฿12,140,999
    FazWaz Estimate : ฿11,990,999
    Price Rating : Great Price
    Sale Price : ฿1299,999
    FazWaz Estimate : ฿179,999
    Price Rating : Overpriced
    Sale Price : ฿159,999
    FazWaz Estimate : ฿149,999
    Price Rating : Fair Price

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    Red Sea
    Safaga

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