Property or Location in Egypt

1 Bedrooms Apartment for sale in Selena Bay, Hurghada

Property type Apartment
Bedrooms 1
Property size 80 sqm
Completion Mar 2024
Finishing Fully Finished
Project name

Selena Bay

Developer

Palma Group

District Second Hurghada
Area Hurghada
City Red Sea
Status

Under Construction

Developer CodeSB-007
SupplierPalma Group
LicenseResidential
TypeApartment
DeveloperPalma Group
ProjectSelena Bay
FinishingFully Finished
Status 2Under Construction
Bua80
Sale Price2200000
Price Per M Bua27500.00
Rooms1
Payment Plans24.15.0.0
CountryEgypt
CityRed Sea
AreaHurghada
District2nd Hurghada

Selena Bay Master Plan

Master Plan

Selena Bay Map

Map

What is the price for 1 bedroom Apartment in Selena Bay , Hurghada ?

The price for 1 bedroom Apartment in Selena Bay , Hurghada is 2,200,000 EGP

Properties For Sale

Properties For Sale

All prices on elbayt.com website are starting prices. All the prices are updated and provided by project developer.

Last updated: Feb 2023

Size Type Bedroom Finishing No of years District Area Project
80 Sqm Apartment 1 Fully Finished 6 2nd Hurghada Hurghada Selena Bay

Your Ultimate Guide to Hurghada: The Best Real Estate Market in Egypt

Nestled along the glistening shores of the Red Sea, Hurghada has evolved into a captivating gem in Egypt's real estate landscape. 
 
Hurghada: Where Coastal Living Meets Luxury
Community Diversity:
Hurghada's real estate offerings encompass a diverse array of communities, each with its own distinct charm. From beachfront elegance to urban sophistication, there's something for everyone.
 
Landmarks and Attractions:
- Red Sea Treasures: Hurghada's pristine beaches and crystal-clear waters are a haven for beach enthusiasts and water sports aficionados. The Red Sea's stunning coral reefs and underwater life provide unmatched diving and snorkeling experiences.
- Giftun Island: A short boat ride away, Giftun Island invites residents to explore its marine reserve, where colorful corals and exotic marine species thrive in their natural habitat.
- El Dahar: Immerse yourself in local culture in El Dahar, Hurghada's old town. Vibrant souks, traditional markets, and historic landmarks offer an authentic Egyptian experience.
- New Marina: The New Marina is a modern hub of entertainment, shopping, and dining. It's a testament to Hurghada's transformation into a cosmopolitan destination.
 
Investment Temptations: Why Choose Hurghada?
- Tourism Haven: Hurghada is a prime tourist hotspot, attracting a continuous stream of visitors. This paves the way for lucrative investments in vacation rentals and holiday homes.
- Growing Demand: Affordable property prices combined with the allure of coastal living have led to a rising demand for both residential and commercial properties in Hurghada.
- Red Sea Riviera Development: The government's strategic focus on developing the Red Sea Riviera promises enhanced infrastructure, boosting property values and rental yields.
- Investment-Friendly Policies: Egypt's investor-friendly policies and attractive tax incentives make Hurghada an ideal destination for property investors seeking favorable returns.
- Rental Potential: The popularity of short-term vacation rentals ensures a steady rental income, further solidifying Hurghada's position as an investment goldmine.
 
A Tropical Haven for Residents:
- Quality of Life: Residents of Hurghada savor a laid-back lifestyle enriched by the calming sea breeze, captivating landscapes, and a sense of community.
- Entertainment and Leisure: A thriving nightlife, waterfront dining, and cultural experiences offer residents ample opportunities to unwind and enjoy life to the fullest.
- Health and Well-Being: The coastal environment promotes well-being, offering residents a chance to embrace outdoor activities, water sports, and a healthy lifestyle.
 
A Magnet for Investors:
- Rapid Appreciation: The Red Sea Riviera's development plans are projected to enhance property values, promising lucrative returns for astute investors.
- Steady Rental Income: The year-round influx of tourists ensures a consistent stream of rental income, making it an attractive proposition for investors seeking financial stability.
- Diversified Portfolio: Hurghada's property market caters to various budgets, allowing investors to create a diversified real estate portfolio.
 
The Hurghada real estate market is a captivating fusion of coastal charm, luxurious living, and unparalleled investment potential. With its diverse communities, breathtaking attractions, and a promising environment for investors, Hurghada shines as a beacon of opportunity on Egypt's real estate horizon. Whether you're seeking a dream residence or aiming to expand your investment portfolio, Hurghada's allure is undeniable – a coastal paradise that beckons both residents and investors with its irresistible charm.

Reference: https://en.wikipedia.org/wiki/Hurghada

Palma Group Lifestyle: An Insider's Guide to Egypt's Real Estate Developer

Palma Group Hotels and Developments is a Danish Egyptian company, located in Hurghada, Egypt.

It’s first real estate development was launched in 2005 starting with Palma Resort.

Commited to sustainable development and unique architecture, the company continues to spread innovation and build loyalty with partners and Home owners.

Reference: www.selenabay.com

About 1 Bedrooms Apartment for sale in Selena Bay

This 1 Bedrooms Apartment in Selena Bay comes in the size of Selena Bay 80 sqm is for sale for 2,200,000 EGP with a price per sqm of 27,500 EGP . This unit is located at 2nd Hurghada, Hurghada, Red Sea.

This 1 Bedrooms Apartment has a payment plan option of 15% or 330,000 EGP downpayment and monthly payment of 25,972 EGP payable at 6 Years.

The completion date for 1 Bedrooms Apartment in Selena Bay is Mar 2024 and the finishing for the property is Fully Finished.

About Selena Bay, Hurghada

Selena Bay is located in Hurghada, . The developer of Selena Bay is Palma Group. The property types in Selena Bay with a property size from 80 - 80 Sqm.

The completion date for Selena Bay is May 2024 and the finishing for the properties are Fully Finished.

Selena Bay, Hurghada prices

The starting price of properties in Selena Bay is 2,200,000 EGP with a price per sqm of 18,384 EGP. The downpayment for a property in Selena Bay is starting at 15% or 330,000 EGP. The number of installments for a property in Selena Bay is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Selena Bay is starting at 25,972 EGP

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