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</p> Signup and view all the answers

    When will the delivery of fully finished units take place?

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

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

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

    What is a unique feature of Wave Plage?

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

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

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

    What type of community is Wave Plage?

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

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

    <p>14 Acres</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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