Description:

Maraqia Resort Nabq, Sharm El Sheikh

Maraqia resort is located in the upcoming area of NabqBay, a tranquil area located near the mountains and within easy reach of the clear waters of the RedSeas and nearby Sharm el Sheikh International airport.

The resort will have in total 640 units, including studios, 1, 2 & 3 bedroom apartments and penthouses varying in size. Sea Views from the resort and only 10 minutes drive to Sharm El SheikhAirport.

With 95% of the development already under construction this represents a very safe purchase.

With the increasing demand for rental property in Nabq and Sharm el Sheikh these properties are ideal for investors and those seeking a second home.

The development is on 40, 000 m2 and built up area coverage of over 20% of the total land and landscaping over 80 %. The Value of these properties will increase dramatically in the future upon the infrastructure development of the surrounding areas.

Why Invest Maraqia Resort Nabq, Sharm El Sheikh

Pre-Launch Investment Opportunity

* Studio, 1-2 and 3 bedroom lofts

* Majority of the apartments are overlooking the pool

* Prices from 140, 800 egp (approx. £ 15, 010) / LE4450 Per Sq.Mtrs

* 4 pools, each with small pool for children

* Every penthouse with private roof patio

* Buildings 36, 60 & 62 have a lift

* The first handover 31st May 2010

* Shopping mall will open on 31 December 2010

* Hotel soft opening June 2011

* 2 minutes drive by car to 18 hole golf course

* Naama Bay 15 min drive

* 2 minutes drive to Nabq City Centre

* 6 minutes drive by car to SharmInternationalAirport

Note: Set currency egp Prices Starting From EGP140, 800 To 809, 600 EGP410 Per

Project Amenities

* 4 Swimming Pools each with small pool for children

* All penthouses with private roof patio

* 2 tennis courts + football court

* Housekeeping & laundry services

* Central satellite dish, parking

* Washing machine installation

* Children playground

* 24 hours security with surveillance cameras

* With fees: Beach Access, Wi-Fi, Gym & Shuttle Bus

* Privategarden

Easy Payment Schedule As Follows:

Terms of Payment

* Contracting deposit 35 %

* 55 % till 31 December 2010

* Quarterly payment plan

* 10 % Handover payment

* Discount 10 % for 100 % cash payment in advance

* Discount 5 % for 2 unit, 7.5 % for 3 units, 10 % for 6 units

* Electric and water meter extra (approx 3, 300 egp)

* Electric & water meter extra for lofts (approx. 4, 800 egp)

* No commission from buyers

Maintenance fees

One off payment upon handover:

* Studios 10, 000 egp

* 1 bedroom apartments 15, 000 egp

* 2 bedroom apartments 20, 000 egp

* 3 bedroom penthouses 30, 000 egp

There will be a increase at the rate of inflation after 3 years

Example for studio:
3rd year = 1, 500 egp, 6th year = 1, 725 egp
Covers garbage collection-spray for pesticides-security-pools-communal lights-gardens

Furniture option is available