Marsa Alam Beach Resort Egypt
One and two bedroom apartments
Two bed penthouses
10% rental guarantee available 5 years
Situated on the Red Sea, the new resort lies only 45km south of the Marsa Alam International Airport and 20km north of Marsa Alam. They are developing 1500 one and two bedroom apartments set in a beautiful gated five star resort.
The plot covers 250,000m2 of prime beach front land and another 52,000m2 on the other side of the road destined for the construction of boutiques, restaurants and staff accommodation.
Frontline 5 Star development
Prices starting from €29,500
Extensive range of facilities
Average 10% rental guarantee available for five years
Freehold ownership
Renowned as the world’s premier diving site
Excellent capital appreciation
Only 45 km from Marsa Alam International Airport
Private beach and coral reef
Secure with refundable €1,500
One Bedroom Apartment from
Price €29,500
Garden Apartments priced from €49,950 (pre-launch price). These beautifully designed apartments offer an 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area; an average of 16m2 terrace spaces and 60m2 garden.
Middle Apartments priced from €39,950 (pre-launch price). These beautifully designed apartments on the first floor offer an 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area and an average of 16m2 balconies.
Penthouse Apartments priced from €59,950 (pre-launch price). These beautifully designed apartments on the second floor offer an 100m2 internal space, consisting of two bedrooms, one bathroom, a kitchen, an open-plan living area, a rooftop second reception room/3rd bedroom, an average of 16m2 balcony and a 60m2 rooftop terrace.
Rental Guarantee at Marsa Alam Resort
Ground Floor Garden Apartment Price €49,950
Rental Guarantee:
Year 1: 6% €2,997
Year 2: 8% €3,996
Year 3: 10% €4,995
Year 4: 12% €5,994
Year 5: 14% €6,993
Middle Floor Apartment Price €39,950
Rental Guarantee:
Year 1: 6% €2,397
Year 2: 8% €3,196
Year 3: 10% €3,995
Year 4: 12% €4,794
Year 5: 14% €5,593
Penthouse Apartment Price €59,950
Rental Guarantee:
Year 1: 6% €3,597
Year 2: 8% €4,796
Year 3: 10% €5,995
Year 4: 12% €7,194
Year 5: 14% €8,393
One Bedroom Apartment Price €29,500
Rental Guarantee: Not Applicable
Ground Floor Garden Apartment
Price €49,950
Rental Guarantee:
Marsa Alam A Great Location
Marsa Alam is located in the south of the Egyptian Riviera on the Red Sea approximately 300km south of Hurghada. The popularity of the region as a diving destination led to the construction of the Marsa Alam International Airport 65km north of the town itself. Construction is currently underway on an extension to this terminal in order to handle the increased tourist inflow into the now easily accessible area. With direct flights from London and many other European destinations now available, the area is seeing an explosion in tourism growth and development to cater for these tourists.
Legal
A full due diligence has been conducted on the developer, development and management group by a UK based lawyer ,Contracts will be written by UK based lawyers and are governed under European, not Egyptian, law
There are no restrictions on direct foreign ownership for this development
Unlike other areas of the Red Sea Coast this resort is freehold ownership
The Title Deeds will be legalised by the Royal Netherlands Embassy in Cairo
There is no restriction on when you can resell your apartment.
|