Full details

Tropicana Nubia Sharm is a complex located right in the very heart of Sharm el-Sheikh's fastest growing area - Nabq Bay.  It is part of a four-star hotel complex located on the first line of the beach.  Whatever visitors are looking for from a holiday, they will find it right on their doorstep at the Tropicana Nubia Sharm, with sandy white beaches just 350m away and the entertainment and shopping centre of Nabq just minutes away by taxi.

Tropicana Nubia Sharm consists of 23 villas and 105 apartments, each having their own private shared swimming pools and with the hotel's beautiful sandy beach and crystal clear water just a short walk away.

With such a perfect location and highly affordable prices, its hardly surprising that the Tropicana Nubia Sharm has been a runaway success, with Phase One of the development already sold out.  There are still, however, apartments of all sizes still available in Phase Two of the development, plus villas available to move into.

Being part of a hotel complex gives investors additional opportunities, as there are opportunites for good rental income through using the hotel management services.

Location:

Tropicana Nubia Sharm is located in Sharm el-Sheikh's fastest growing area and most upmarket area - Nabq Bay - which is situated in the north of the town.  Tropicana Nubia Sharm is a first-line development, with a variety of upmarket shopping malls, bars and restaurants just minutes away by taxi.

Beach lovers will love the fact that this is a firstline development, with a white sandy beach overlooking Tiran Island comprising part of the resort, while golf players will be delighted to know that a new 18-hole course is just 5 minutes away by taxi.  One of Sharm's two natural parks featuring mangrove swamps is also just five minutes away by taxi as well.  Sharm el-Sheikh International Airport is less than 10 minutes drive from Tropicana Nubia Sharm, with the many attractions and buzzing nightlife of Naama Bay a little over 15 minutes away.

Facilities & Benefits:

• Private sandy beach
• Water area - 7% of the total area, buildings area only 18% of the plot
• Swimming pools area - 10,000 sqm, artificial lakes area - 3,500 sqm - 8 swimming pools and 2 artificial lakes
• 4 Restaurants, clubhouse with a restaurant, possibility of using Tropicana hotel restaurants at discounted prices
• Diving centre
• Fully equipped health club
• Sports area (football, 3 tennis courts, basketball & volleyball courts)
• Mini golf area, playground & kindergarten
• Supermarket & shopping centre
• Wireless LAN
• Health clinic
• Membership to the Sharm El Sheikh library
• Car parking
• Housekeeping services including: security, gardening, laundry, cleaning
• Maintenance: 5% of the apartment value to set up as a one-off payment to be used for maintenance fee.  5,000 EGP for the first year until receiving the interest from the one-off payment.

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, wash basin and shower
• Ceramic wall tiles in bathrooms
• Pre-installation for air conditioning

Prices:

1 Bedroom Apartments (min 75m2) - £63,750
1 Bedroom Apartments (max 80m2) - £76,000
2 Bedroom Apartments (min 90m2) - £76,500
2 Bedroom Apartments (max 135m2) -£128,250
3 Bedroom Villas (270m2) - £273,684

Owners of second floor apartments can purchase the area above their apartment as a private roof terrace for 15% of the apartment value.

Villas consist of three bedrooms and three bathrooms, two reception areas, a terrace and a 30m2 private swimming pool.

Payments for this development are payable in GBP.

Completion:

Phase One of Tropicana Nubia Sharm resort was completed in April 2008.

Completion of the units in Phase Two of the resort is scheduled for 18 months following signature of contract.

Payment Schedule:

50% upon signature of contract
50% in instalments over the following 12 months

Property reference: fapa_Dev5501

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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