Naia Bay-Phase 1 North Coast-Sahel

Naia Bay-Phase 1 North Coast-Sahel: a house you can take early next year, but hurrying has a price

Naia Bay-Phase 1 North Coast-Sahel is the first phase of Naia Bay by Naia Developments, at kilometre 212 in Ras El Hekma. It offers two fully finished houses, the nearer due January 2027, so next summer could be spent there if that date holds.

Townhouses for sale in Naia Bay-Phase 1 North Coast-Sahel

• A four-bedroom townhouse of 225 m²: 38,679,000, about 171,900 a metre, due January 2027.
• The five-bedroom twin covers 370 m² and costs 55,000,000, a metre near 148,600, with keys in April 2027.

The twin has the cheaper metre

The 145 m² the twin adds over the townhouse, along with a fifth bedroom, are priced at about 16.32 million, so each comes near 112,600, some 59,000 below the townhouse's metre. If you can carry the instalment gap, the twin is the clearer sum per metre here, with more land too.

7.95 million for fifteen months

In Phase 2 the same four-bedroom townhouse on the same 225 m² costs 30,731,000, about 7.95 million less, on only 5% down, but it is due April 2028. So that 7.95 million is the price of taking the keys about a year and a quarter sooner and gaining an extra summer, nearly a quarter of the Phase 2 townhouse's price. Phase 2's twin is smaller, 300 m² near 40.06 million, so Phase 1's twin adds 70 m² for about 14.94 million.

Naia Bay-Phase 1 payment plans

The deposit here is 20% over 10 years: about 7.74 million on the townhouse with near 257,900 a month, and 11,000,000 on the twin with about 366,700 a month. That is a heavy deposit next to Phase 2's 5%, about 1.54 million on the same townhouse. As the date is so near, you hold the keys having paid only near 22% of the townhouse (about 8.64 million) and near 24% of the twin (about 13.37 million), with roughly nine and a half years of instalments while you summer there.

Phase 1 houses against Ogami and Azha

• Ogami, 6.2 km away: a 226 m² townhouse near 34 million, almost Phase 1's size for about 4.68 million less, and a 268 m² twin near 51.32 million, 102 m² smaller than Phase 1's twin yet only about 3.68 million cheaper.
• Azha, under a kilometre off, starts townhouses at 165 m² near 27.5 million; its 210 m² twin costs close to 38.65 million, about Phase 1's townhouse price for 15 m² less.
• El Masyaf, 700 m away: a 232 m² townhouse near 42.46 million, about 3.78 million above Phase 1's.

So Phase 1's townhouse sits mid-range among its neighbours, and the twin is the strongest per metre. What none of these neighbours offers as clearly is a date a few months away; if that does not matter to you, Phase 2 or Ogami is far cheaper.

Naia Bay master plan and travel times

Per the project data, the design is Greek in style, with El Ghoneimy engineering design and a European landscape office, and green space between units for privacy. Naia Bay as a whole has a five-star seafront hotel, a boutique hotel, a beach club with water sports, a commercial area, restaurants, pools and round-the-clock security. New Alamein is about 45 minutes away, Sidi Abdel Rahman half an hour, Alexandria two hours and Hacienda West 7 minutes, with Fouka Bay 1.2 km off.

Want to compare the townhouse in both phases against the deposit you have? Send Masharf a WhatsApp.