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Investments
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Be a Sharm EL Sheikh Property Owner NOW !
Red Sea real estate is pleased to offer for sale two bedroom apartments and villas in this marvelous complex, This residential compound is in Montazah, one of the most prestigous areas in Sharm El Sheikh.The compound is located a few minutes walking distance from the beach, furthermore, it is only 5 minutes away from Sharm El Sheikh international airport and 10 minutes from Neama Bay.The compound develops on a total land surface of 64.000 sqm.only 21.800 sqm. (20%) have been constructed and the built area includes 216 apartments and 52 villas.1.200 sqm. have been reserved to create green areas, gardens and pools.

Villas Layout:
The Villas are developed over 3 levels for a total surface of 260 sqm and they are equipped with a private garden which differs in size from 364 sqm to 424 sqm.
Ground floor: Living room, dining area, kitchen, bathroom, terrace.
First floor: 2bedrooms, 1master bedroom with private bathroom, living room, bathroom, terrace.
Second floor: Entrance, bathroom, laundry room(utility room), master bedroom, 100 sqm. terrace with view of scenery plus wooden pergula.
 
Apartments layout:
The apartments are located inside buildings of three floors, each floor is made up of 2 apartments, 88.40 sqm each.
Living room, 2bedrooms, bathroom, American kitchen, terrace.
Maintenance fees:
Villa: 800 LE (80 GBP) per month
Apartment: 400 LE (40 GBP) per month
The cost of which covers: Security 24 hour, insurance with basic coverage – fire, explosion, domestic explosion, RC) Rubbish collection, cleaning of the communal spaces, disinfestations, ordinary maintenance of beach, swimming pools, pipes for water and drainage, green areas, and lighting of pathways and communal areas.
Terms of payment:
· 35% of total amount as deposit at the signature of contract
· 65% to pay every four month with installments starting from January 2007 up to December 2009
Prices:
Villas starting from 130000GBP
Apartments 42000 GBP
Delivery: December 2008
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