Bayut - 870-CDUmUA

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Off-Plan

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EGP31,974,000

Down payment: EGP 4,900,000

South Med, North Coast, Matruh

3 Beds

2 Baths

156 Sq. M.

Resale Chalet for Sale in SouthMED North Coast | Private Island in the Marina | Direct Sea View | EGP 23M Below Developer Price

Exceptional resale opportunity in SouthMED by Talaat Moustafa Group, located in one of the most exclusive positions on the North Coast, within Island A in the heart of the marina.
This premium chalet enjoys a prime waterfront location with a direct and fully open sea and marina view. Island A is an exclusive gated island featuring a private beach exclusively for island owners, swimming pools, and an exceptional level of privacy and exclusivity.
Unit Details:

Built-up area: 156 sqm
Floor: Third
Orientation: North-facing
Location: Island A, in the heart of the marina
Premium location: L10
Direct open sea and marina view
3 bedrooms, including 1 master bedroom
2 bathrooms
3-piece reception
Kitchen
Fully finished upon delivery
Delivery: 2029
Original booking date: July 5, 2024

Financial Details:

Original contract price: EGP 31,975,000
Payment plan: Up to 12 years
Paid to date: EGP 6,004,800, including the second-year annual installment
Required premium: EGP 1,750,000
Total required for assignment: EGP 7,750,000
Approximately EGP 23,000,000 below the current developer price
Slight negotiation is possible for serious buyers

A rare opportunity to acquire a highly distinguished unit in SouthMED, combining an exceptional island location, direct sea and marina views, a private beach, long-term payment terms, and a substantial saving compared with the current developer price.