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Listing Details
Listing Description
It’s about making choices that add value to your life and your loved ones. We consider Biscay Somabay Red Sea Resort to offer very high-end services that meet your desire to achieve your dreams. The project is under construction, all licenses and security approvals have been completed, and implementation has begun, to be delivered in 2024.
We manage and implement our projects at the specified times and with full facilities, basics, and additions that give your unit privacy and a wonderful view of the sea to enjoy, relax, and relieve your nerves from the burden of work and to have your new home in the Red Sea near all the vital facilities you need in your hands.
Biscay is a real estate development shareholding company. We provide freehold properties in one of the most luxurious destinations on the Red Sea – Biscay Somabay; Our very own project is Biscay Somabay.
The project occurs in the Biscay Somabay tourist district, next to Mövenpick Somabay, Blue Albatross, and Caribbean Somabay. It’s 12 km from Safaga port, 48 km from Hurghada, and 480 km from Cairo.
The project's main objective is to deliver a luxurious, funny, and best experience for all our customers, side by side, with safety. This was achieved through a unique practical design developed and implemented by our dedicated and professional team to bring a fully integrated compound.
Facilities:
- Private Sandy Beaches
- Restaurants and Cafes
- Commercial Area
- Swimming Pools
- Kids Area
- Spa and Health Center
- BBQ Area
- Landscape Gardens
- Private Parking Club
- Water Features
Services:
- Rental Management
- 24-Hour Security
- Entrances
- Maintenance and Cleaning Services
The project is designed in the shape of the letter W so that we have a variety of views in our units. Our building has 5 floors (low ground + garden - high ground 1.90 m away from the surface of the ground - 3 repeated floors), Total units are 321 units, divided as follows:
- 32 units on the low floor. With a garden
- 72 units on the high ground.
- 72 units per recurring floor.
The project is 500 meters away from the sea because it is directly on the tourist walk and, consequently, the beach is private only for the owners.
In front of the project, a 10 km long tourist walkway is being planned and this is part of a global development plan from the state
- 10% down payment, 5% after the first year,, and equal installments over 4 years
- 15% down payment, 5% after the first year and a half,, and equal installments over 5 years
- 20% down payment, 20% after the first year and a half,, and equal installments over 6 years
- 30% down payment, 20% after the first year and a half,, and equal installments over 7 years
- A 10% maintenance deposit is obtained one year before receipt
Developer
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