+2 01200070979

Under market price chalet in IL Monte Galala

32
Reference: BB 55115
EGP 3,100,000
MLS Realty
+201200070979
Email Agent
+2 012 00 231 000

EGP 3,100,000


Under market price chalet in IL Monte Galala

Reference:
BB 55115
Type:
Chalet
Price:
EGP 3,100,000 Cash
Price / Sqm:
EGP 24,603 Per Sqm
Finishing Status:
Super Lux
Area:
126 sqm
Floor No.:
Ground Floor
Bedrooms:
3
Bathrooms:
2
View:
Sea View
Listed:
Mon 17 Apr 2023
Description

Chalet 3 Bedrooms for Sale in IL Monte Galala - Ain Sokhna By Tatweer Misr

IL Monte Galala is a luxurious resort community located on Egypt's Red Sea coast. The development boasts a variety of luxurious properties, including apartments, villas, and chalets. However, in recent years, there has been an increase in the number of under market price chalets available in the area.

These chalets are typically priced lower than other properties in the same area, making them an attractive option for buyers looking to invest in a vacation home or rental property. But why are these chalets being sold for under market value?

One reason could be that the sellers are looking for a quick sale. They may be motivated by a need for cash or an urgent situation, and are willing to sell their property at a lower price in order to complete the transaction quickly.

Another possibility is that the chalet may require some repairs or renovations. In some cases, the cost of these repairs may be factored into the selling price, resulting in a lower overall cost for the buyer.

It's also worth noting that the real estate market in IL Monte Galala can be quite competitive. With so many luxurious properties available, sellers may need to lower their prices in order to compete with other sellers and attract potential buyers.

Regardless of the reason, buyers should exercise caution when considering an under market price chalet in IL Monte Galala. It's important to thoroughly research the property and the seller before making an offer. Buyers should also work with a reputable real estate agent who can help them navigate the complexities of the local market.

In conclusion, while under market price chalets in IL Monte Galala may seem like an attractive investment opportunity, buyers should proceed with caution and do their due diligence before making a purchase. With proper research and guidance, however, buyers may be able to find a great deal on a luxurious vacation home or rental property in this stunning coastal community.

MLS Realty
+201200070979