Full details

On View is a complex located right in Sharm el-Sheikh's fastest growing area - Nabq Bay.  It consists of a commercial area together with a little over 300 luxurious apartments.  On View is a low-density project, built on a 20,000 sqm plot and is a second-line development located in a tranquil area, with a variety of shops, cafes and restaurants on-site.  On View owners will enjoy stunning panoramic sea and mountain views, as the project is overlooking the sea and mountains as well as the entire Nabq area, due to its location on a magnificent hill.

Whatever visitors are looking for from a holiday, they will find it right on their doorstep at the On View, with sandy white beaches and the most upmarket shopping just a few minutes away in a taxi.  Beach access has also been arranged at a 4* Horizon hotel.

The complex gives investors additional opportunities, as there are opportunities for good rental income through using the management services available on-site.

Location:

On View is a complex located right in the very heart of Sharm el-Sheikh's fastest growing area - Nabq Bay, with sandy white beaches and shopping and entertainment of Nabq just a few minutes away in a taxi.  Beach lovers will love the fact that white sandy beaches overlooking Tiran Island are just 5 minutes drive in a taxi, while golf players will be delighted to know that a new 18-hole course is also 5 minutes away.  One of Sharm's two natural parks featuring mangrove swamps is 5 minutes away by taxi as well.

Sharm El Sheikh International Airport is 10 minutes away in a taxi.

Facilities & Benefits:

• Beach access arranged at 4* Horizon hotel. 5 minutes taxi drive to a variety of other beautiful sandy beaches.
• Pool views from all apartments; sea views from most top-floor apartments. Buildings 3-9 have stunning panoramic sea views.
• Proximity to all of the main shopping and entertainment areas in Nabq Bay.
• Very large swimming pool with a pool bar and a small pool for children.
• Green and water areas are over 80% of the plot; low density development containing a low ratio of buildings.
• On-site shops, restaurants and cafes in the attached commercial area.
• Parking spaces.
• Centralized satellite television.
• Wifi Internet coverage throughout.
• Housekeeping service.
• 24 hour security.
• Full management service available.
• Maintenance fee: one-time payment 400 EGP/sqm, fully refundable upon sale.

Finishing:

• Ceramic floor tiles throughout
• Aluminium powder coated windows frames and balcony doors
• Rendered walls painted
• All electrical power points and light switches
• Sockets for telephone
• Stainless steel sinks with mixer taps in kitchen
• Plumbing for washing machine
• Ideal Standard toilet, washbasin and shower
• Ceramic wall tiles in bathrooms
• Pre-installation for air conditioning

Prices:

Studio Apartments F3, F4 (Second Floor) 42m2 - 252,000 EGP
Studio Apartments F3, F4 (Ground Floor) 48m2 - 288,000 EGP
1 Bedroom Apartments F2, F5 (Second Floor) 58m2 - 348,000 EGP
1 Bedroom Apartments F2, F5 (Ground Floor) 70m2 - 420,000 EGP
1 Bedroom Apartments F1, F4 (First Floor) 72m2 - 432,000 EGP
1 Bedroom Apartments F1, F6 (Second Floor) 72m2 - 432,000 EGP
1 Bedroom Apartments F1, F6 (Ground Floor) 76m2 - 456,000 EGP
2 Bedroom Apartments F2, F3 (First Floor) 92m2 - 552,000 EGP

Payments for this development are payable in EGP at a price of 6,000 EGP per sqm.  Roofs can be purchased separately.

Completion:

Completion of the On View resort is scheduled for September 2010.

Payment Schedule:

Reservation fee of 10,000 EGP (just under £1,000) fully refundable within seven days (cooling-off period).
30% upon contract.
70% in quarterly instalments over a period of 36 months (12 post-dated cheques).

Property reference: fapa5477

Disclaimer: Property details, prices and availability are supplied by the developer or the agent and are subject to change. findaplaceabroad.com cannot be held responsible for any inaccuracies.

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