Property for sale Naama Bay, Egypt
In the region of GBP £40,000
Ref: 6706-9745-4985
1 double Bedroom(s), 1 Bathroom(s) |
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INVESTMENT OPPORTUNITY:- Why buy offplan when £40,000 british pounds will secure one of 2 x One bedroom appartments. Situated in the Roman Theatre Resort near Naama Bay, Sharm el Sheik. These appartments are ready to occupy which have been rented for the last few months creating a net income of 3000.00 LE per month. New leasehold appartments, the leasehold is ninty nine years and under the contract and Egyptian Government legislation, the lease revert back to 99 years on change of ownwership of the proerty. The properties were originally bought for family holidays and investment. But due to illness I am unable to obtain travel insurance at a reasonable cost.
Each of the properties are on the ground floor. And have the benefit of three communal swimming pools. The properties are approx 10 minutes from Sharm el Sheik Airport and within easy reach of the red sea beaches
Both appartments are mirror immiges of each other Number 1 & Number 4. situated in villa No 17.
Each appartment comprise of:-
1 Bedroom
1 Shower room
1 Kitchen
1 Lounge/Dining room
Both appartments have air-conditioning systems.
And are sold with fixtures and furnishings will consider a reduced offer for both appartments sold together.
More property photographs
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