Egypt Prime Location
Property Details Sheet
Printed On: 25 May 2013
http://www.egyptprimelocation.com/projects/jasmine-residence

Jasmine Residence

Affordable Dream Home

LUXURY, BEAUTY, RELAXATION IN THE VERY HEART OF NA’AMA BAY, SHARM EL SHEIKH
On the sunny slopes of Naama Bay, overlooking the Turquoise waters of the bay and the fascinating pink Mountains of Sinai is the jasmine residence.
Only 5 minutes walking to the lively cosmopolitan and Upbeat Naama Bay, the Jasmine Residence is a peaceful Oasis of gorgeous, unique properties immersed in lush Gardens and surrounded by refreshing swimming pools.
The peculiar design in contemporary style of the residential Buildings brings perfect privacy, great views and cozy Interiors to each Apartment. The resort overlooks the sea and the nearby fun-filled Cleo Park, a popular themed aqua park, while some properties enjoy great views of the Beautiful Mountains or the refreshing pools and gardens. The perfect choice for a property that can be your dream holiday home And an excellent investment opportunity.

Project highlights

  • Land plot 40,000 m2 - 20% only of
  • Buildings, 80% pools and gardens
  • Four star hotel
  • Whereas the hotel facilities and
  • Services are to be used by
  • Residential units' owners
  • Studio, 1 bedroom apartments
  • All with balconies
  • First handovers 30 month from the
  • Date of signing contract
  • Sharm el Sheikh Real Estate
  • Property Management & Rental
  • Option with interesting rental
  • Revenue yield per annum
  • Third line from the beach
  • Situated on a high elevation with great open sea view
 

Project Facilities

  • 3 Swimming Pools – each with
  • Small pool for children
  • Gym
  • Supermarket
  • WI-FI Internet
  • Car Parking Spaces
  • Kids Club
  • Commercial Mall Administrative and Commercial
  • Shops
  • Restaurants
  • 20% discount on food an
  • Beverages in the hotel
  • Housekeeping and laundry
  • Services
  • Central Satellite
 

Financial details

CASH PAYMENT

  • 10% discount on 100% cash payment

INSTALMENTS

  • Holding deposit 10%
  • Contracting deposit 25 %
  • 15 % after 6 months
  • 8 quarterly payments interest-free over 2 years

MULTI-PURCHASE DISCOUNTS

  •  Discount 5 % for 2 apt.
  •  7.5 % for 3 apt.,
  • 10 % for 6 apt. 
  • Cumulative discounts 15% maximum

MAINTENANCE FEES

Includes: general maintenance and cleaning of all communal areas, swimming pools, gardens, public illumination, garbage collection, pesticides, 24H security

One-off payment upon handover:

  • Studio: 20,000 EGP
  • 1 bedroom apartments: 25,000 EGP
  • 2 bedroom apartment 35,000 EGP

Plus 15% of original maintenance payment every 3 years

Example for a studio 3rd year=3000 EGP, 6 th year=3,450 EGP

WATER AND ELECTRICITY METERS 3,300 EGP 

FULL FURNITURE PACKAGES (optional)

Includes: full furniture, appliances, air conditioning, household basics (bed sheet, towels, dishes, etc.), fitted kitchen, delivery and installation.

Different prices depending on property area and number of bedrooms.. 

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