Viva Reef

Apartments Front Elevation

 

About the project

Viva Reef is a brand new development in the Nabq area of Sharm El Sheikh, situated opposite the new golf course. This hotel complex offers affordable, very attractive, high quality residential units with special launch prices.

Key Features

• Swimming Pool View from most apartments
• High quality building and European style finishing
• 4 Star Hotel complex
• Access to hotel facilities
• Air conditioning included
• Golf course in close proximity under development
• Communal roof with sea views

Facilities

• 5 swimming pools
• Shops
• Restaurants
• Gym
• 24 hour security
• Landscaped Gardens
• Rental and management services
• Maintenance fees 1% of the purchase price annually

Investment opportunities

WHY YOU SHOULD INVEST IN VIVA REEF

- Excellent, discounted, off-plan pricing with strong potential for
capital growth – up to 20% annual increases.
- Year round rental season with high potential rental returns.
- Located in one of the best diving destinations in the world.
- Established tourist destination.
- Fascinating history and culture to explore.
- One of the most stable countries in the area.
- Only 4.5 hours from the UK.
- Rapidly emerging property market supported by different nationalities (including Egyptians).
- No Capital gains tax or Inheritance tax
- High quality building and European style finishing
- 2 years build and payment plan

Payment Plan

 Purchase Price
£1,000
Holding deposit
(non refundable)
40%
on signing contracts
15%
after 4 months
15%
after 8 months
15%
after 12 months
10%
after 16 months
5%
on delivery
(24months)
1 Bed, 65m2325,000 EGP 130,000 EGP48,750 EGP48,750 EGP48,750 EGP32,500 EGP16,250 EGP
£ Approx.£30,950 £12,380£4,642.50£4,642.50£4,642.50£3,095£1,547.50
2 Bed, 95m2475,000 EGP 190,000 EGP71,250 EGP71,250 EGP71,250 EGP47,500 EGP23,750 EGP
£ Approx.£45,230 £18.092£6,784.50£6,784.50£6,784.50£4,523£2,261.50

Maintenance : 1% of purchase price annually

 
 
Phase 1Building 1-4
Phase 2Building 5-10
Phase 3Building 11-16
Phase 4Building 17-20
  


  

BUILDING (1)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1
UNDER OFFER165-
Ground Floor #2
UNDER OFFER295-
1st Floor #3SOLD165-
1st Floor #4SOLD295-
2nd Floor #5SOLD165-
2nd Floor #6UNDER OFFER295-
3rd Floor #7SOLD165-
3rd Floor #8UNDER OFFER295-
All net Areas Include Terrace
BUILDING (2)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1
SOLD165-
Ground Floor #2SOLD295-
1st Floor #3SOLD165-
1st Floor #4SOLD295-
2nd Floor #5SOLD165-
2nd Floor #6SOLD295-
3rd Floor #7SOLD165-
3rd Floor #8SOLD295-
All net Areas Include Terrace
BUILDING (3)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1
SOLD165-
Ground Floor #2
SOLD295-
1st Floor #3SOLD165-
1st Floor #4SOLD295-
2nd Floor #5SOLD165-
2nd Floor #6UNDER OFFER295-
3rd Floor #7SOLD165-
3rd Floor #8SOLD295-
All net Areas Include Terrace
 BUILDING (4)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1SOLD165-
Ground Floor #2SOLD295-
1st Floor #3SOLD165-
1st Floor #4SOLD295-
2nd Floor #5SOLD165-
2nd Floor #6SOLD295-
3rd Floor #7SOLD165-
3rd Floor #8SOLD295-
 All net Areas Include Terrace 
BUILDING (5)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1

SOLD

1

65

-

Ground Floor #2

SOLD

2

95

-

1st Floor #3

SOLD

1

65

-

1st Floor #4

SOLD

2

95

-

2nd Floor #5

SOLD

1

65

-

2nd Floor #6

SOLD

2

95

-

3rd Floor #7

UNDER OFFER

1

65

-

3rd Floor #8

SOLD

2

95

-

 All net Areas Include Terrace 
BUILDING (6)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1

SOLD

1

65

-

Ground Floor #2

Available

2

95

498,750

1st Floor #3

Available

1

65

325,000

1st Floor #4

Available

2

95

475,000

2nd Floor #5

Available

1

65

325,000

2nd Floor #6

Available

2

95

475,000

3rd Floor #7

SOLD

1

65

-

3rd Floor #8

UNDER OFFER

2

95

-

All net Areas Include Terrace
 BUILDING (7)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1

SOLD

1

65

-

Ground Floor #2

Available

2

95

498,750

1st Floor #3

Available

1

65

325,000

1st Floor #4

Available

2

95

475,000

2nd Floor #5

Available

1

65

325,000

2nd Floor #6

UNDER OFFER

2

95

-

3rd Floor #7

SOLD

1

65

-

3rd Floor #8

SOLD

2

95

-

All net Areas Include Terrace
BUILDING (8)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1

Available

1

65

341,250

Ground Floor #2

Available

2

95

498,750

1st Floor #3

Available

1

65

325,000

1st Floor #4

Available

2

95

475,000

2nd Floor #5

Available

1

65

325,000

2nd Floor #6

Available

2

95

475,000

3rd Floor #7

Available

1

65

357,500

3rd Floor #8

Available

2

95

522,500

All net Areas Include Terrace
BUILDING (17)

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1SOLD165-
Ground Floor #2SOLD295-
1st Floor #3UNDER OFFER
165-
1st Floor #4SOLD295-
2nd Floor #5SOLD165-
2nd Floor #6SOLD295-
3rd Floor #7SOLD165-
3rd Floor #8SOLD295-
 All net Areas Include Terrace 
BUILDING (18) 

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1
SOLD165-
Ground Floor #2
SOLD295-
1st Floor #3Available165325,000
1st Floor #4SOLD295-
2nd Floor #5Available165325,000
2nd Floor #6Available295475,000
3rd Floor #7UNDER OFFER
165-
3rd Floor #8SOLD295-
All net Areas Include Terrace
 
BUILDING (19) 

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1UNDER OFFER
165325,000
Ground Floor #2SOLD295-
1st Floor #3UNDER OFFER
165-
1st Floor #4SOLD295-
2nd Floor #5Available165325,000
2nd Floor #6Available295475,000
3rd Floor #7Available165325,000
3rd Floor #8SOLD295-
 All net Areas Include Terrace
BUILDING (20) 

Number

Status

Bedroom

SQM

Price EGP

Ground Floor #1
SOLD165-
Ground Floor #2
SOLD295-
1st Floor #3UNDER OFFER165-
1st Floor #4Available295475,000
2nd Floor #5UNDER OFFER165-
2nd Floor #6Available295475,000
3rd Floor #7SOLD165-
3rd Floor #8SOLD295-
All net Areas Include Terrace
 

* Golf Course



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Viva Reef /



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Address: PIONEER PROPERTY, El Khazan St, Om El Sid , Sharm El Sheikh, EGYPT

PHONE: (002) 069 3660625 - 35


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