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1 Bed Apartment For Sale 1 1 1

  • 34.000 EUR
  • 37.216 USD29.183 GBP32.259 CHF66.498 BAM3.985.341 RSD
  • Naher OstenEgypt
  • 63905
  • 13.04.2015 21:58:12
  • 27.06.2031 12:58:07
  • 43
  • Sale
  • 1
Description:

Marsa Alam with its 6.000 inhabitants is located 275km south of Hurghada, about 4 hours drive along the Red Sea Coast through an absolutely stunningly beautiful landscape. In Arabic Marsa means a natural harbor and Alam is flag so this is so to speak the "Flag-Harbor" of Egypt. You would not think so when you see it though.

The village itself is a small fishing port with a bus terminal, a petrol station, a few grocery shops and some restaurants but it's a village in change. Though Marsa Alam still is somewhat undiscovered, a major boom in tourism market is inevitable.

Since the opening of the international airport in 2001, this small fishing village has become the new top Red Sea destination for diving enthusiasts. Located on the beach the resorts around Marsa Alam offer comfort and freedom with a dramatic desert- and mountain backdrop

Project highlights

The hotel is very close to the most attractive diving spots (Elphistone) A sandy Beach of 800m long. A very beautiful house reef for snorkeling and diving full of marine life (Turtles, sea cows, etc:) Constant north wind, sandy beach, the protection of the island make the wind and kite surf perfect . A beautiful desert in the back area full of colorful mountains and valleys give a fantastic safari. The only Marina situated in the middle way between Port Ghalib and Marsa Alam; give a favorite taste for the sailing and diving safaris.

Zone A - Villa 1-6 & Building from 1-6

Location : 250m from the sea, on a 3 level hill, with

stunning sea view for all units

192 Studio Units (hotel rooms) of ±50 m2

Possibility Two bed rooms and Three Bed rooms

8 Villas with 400 m2 land and 150 m2 to be built up

area, over 2 levels

Swimming pool for adult and children pool plus

Kids ground

Project Facilities

Equinox hotel under classification as a five stars hotel (operating)

A marina for 20 yachts and small boats

Infrastructure for the Total Project

Water desalination plant

Sewage treatment plant

Electricity Station

Telephone network

Satellite network

Shopping areas

Diving Center

Surfing & Kayak center

Quad center

Bedouin tents

Safari club center.

Restaurants, bars & nightclub

Medical Clinic

Swimming pool / Children Pool / Jacuzzi

Kids Ground / Outdoor Chess Board

Animation Team

Extensive green areas with only 20% of the site being built on

Financial details

10% discount on 100% Cash payment in advance

Instalment plan Interest free financed by developer

Contracting Deposit 30%

70% over 48 months (quarterly payment)

Handover 24 months

Full Due Diligence report available

Maintenance fees are paid once in a lifetime - 6%

from property price, with an increase of 15% every 3

years to cover inflation.

Special discounts for investors

5% for 2 units

7.5% for 3 units

10% for 6 units

Guarantee rental 7.5% per annum (optional)

25% discount on all hotel facilities and restaurants

Furniture packs available (optional)

Airport shuttle bus available

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