Studio for sale in the residential complex “Scandic Resort”

Brand new studio located on the 1st high floor in Scandic Resort.

Total area of the studio is 49 sq.m.

Layout:

Living room with separate kitchen area, bathroom.

Studio is fully finished, has a big window overlooking the Main Street.

Water and electric meters cost is 10000 egp (around 200$).

Lifetime maintenance fee is 363600 Egp (around 7310$) should be paid with receiving the key.

Scandic Resort is a beachfront residency in Arabia area. It has a beautiful territory which includes private sandy beach, 3 swimming pools, landscape, gym and restaurant.

The resort is perfectly located just in 3 minutes drive to Hurghada Marina and biggest shopping mall Hurghada City Center.

Price: USD 72,480 or EGP 3,450,000 (below the developer’s price).

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Down Payment: EGP 2,144,000 or USD 44,415 (including the contract reassignment at the developer’s office).

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Remaining Balance: EGP 1,336,000 or USD 28,070, payable in 8 equal quarterly installments of EGP 167,000 or USD 3,508 each, until August 1, 2027.

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