Real Estate Development in Greece
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Questions and Answers

What is the minimum price for a two-bedroom chalet in The Wave Plage and The Greek Plage?

  • 8.8 million EGP (correct)
  • 10.2 million EGP
  • 9.9 million EGP
  • 11.9 million EGP

What is the payment method for EOIs?

  • Credit card only
  • Visa, online payment via Pay Mob, or cash (correct)
  • Cheque or bank transfer
  • Only cash payment

How many years will the installments be spread over post-contract signing?

  • 5 years
  • 8 years (correct)
  • 10 years
  • 7 years

What is the EOI payment amount for townhouses, twin houses, and villas?

<p>150,000 EGP (C)</p> Signup and view all the answers

When will the delivery of fully finished units take place?

<p>4 years (D)</p> Signup and view all the answers

What is the total size of the project space at Plage?

<p>900 Acres (D)</p> Signup and view all the answers

What is a unique feature of Wave Plage?

<p>100% Sea View Villas (C)</p> Signup and view all the answers

What is the length of the Sandy Beach at Greek Plage?

<p>9.5km (A)</p> Signup and view all the answers

What type of community is Wave Plage?

<p>Villa Only Community (C)</p> Signup and view all the answers

What is the size of the Sandy Swimmable Lagoon at Plage?

<p>14 Acres (B)</p> Signup and view all the answers

Study Notes

Project Overview

  • The project spans 330 acres and consists of two phases: The Wave Plage and The Greek Plage.

Unit Prices

  • 2-bedroom chalet: 107 m², 8.8 million EGP
  • 2-bedroom chalet with garden: 107 m², 9.9 million EGP
  • 3-bedroom chalet: 125 m², 10.2 million EGP
  • 3-bedroom chalet with garden: 125 m², 11.9 million EGP
  • 3-bedroom penthouse: 155 m², 11.9 million EGP
  • Rooftop beach house: 145 m², 13.3 million EGP
  • Beach house with garden: 150 m², 14.5 million EGP
  • Seaview townhouse: 185 m², 17.5 million EGP
  • Seaside twin house: 190 m², 25 million EGP
  • Beachfront villa: 250 m², 41.5 million EGP
  • Seafront villa: 320 m², 50 million EGP

Payment Terms

  • Methods of payment: Cash, Visa, or online payment via Pay Mob
  • Expression of Interest (EOI) payment:
    • 100,000 EGP for chalets and beach houses
    • 150,000 EGP for townhouses, twin houses, and villas

Payment Plan

  • 5% down payment upon contract signing
  • 5% after 3 months, followed by installments over 8 years post-contract signing
  • Delivery in 4 years
  • Fully finished units

Plage Location and Overview

  • Located at kilo 120, Sidi Ab del Rahman
  • Total project space of 900 acres, with an initial launch of 329 acres

Wave Plage

  • Covers an area of 65 acres
  • Features 100% Sea View Villas
  • A villa-only community with proximity to the sea
  • An exclusive gated community with amenities like
    • Seafront hotel
    • Golden Walk
    • Barefoot Valleys
    • Beach Promenade
    • The Wave Beach Club
    • Surfing Experience

Greek Plage

  • Spreads over an area of 264 acres
  • Features 12 Feddan swimmable lagoons
  • Boasts a 9.5 km long sandy beach
  • Comprises gated boutique communities with amenities like
    • The Blue Club
    • Boutique Hotels
    • The Lighthouse

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Related Documents

Plage Project Details PDF

Description

This quiz introduces two phases of a real estate development project in Greece, featuring various types of chalets and beach houses with varying prices and acres.

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