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Property for sale  |  Property Ref: 1GZ5KZT3 Back to property listings
 

Marsa Alam
29,500 EUR


1 Bedroom

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Property Description:

Frontline 5 star resort.
Average 10% bank backed rental guarantee.
Prices from just ???29,500.
On site facilities including pools, restaurants, health club & dive school.
Extensive green areas with only 18% of the site being built on.
All apartments with private outdoor space and air-conditioning.
Only 45km from Marsa Alam International Airport.

The Marsa Alam Beach Resort is an exclusive, five star, 1434 unit development.
Located frontline, on the sun-drenched Red Sea Riviera it has its own private
500m beach and house reef. Marsa Alam is widely regarded as the world???s
premier diving destination, the resort takes full advantage of its enviable
location with two private jetties, an on-site diving school, a water sports shop as
well as a full range of facilities.

Not only does the resort offer the perfect holiday destination, but it also
provides an unrivaled investment opportunity. Marsa Alam is the hotspot of the
Red Sea and this resort encompasses low entry levels, high rental yields, a bank
backed 5 year 10% average rental guarantee, developer funded mortgages at
approximately 60% loan to value on selected units, payment plans, an escrow account and a developer with a strong track record in respect to high quality developments throughout the world.


The Marsa Alam Beach Resort offers various investment options to cater to all
budgets including:


Junior suites from ???29,500
Two bedroom apartments (with rental guarantee of 50% over 5 years) from ???54,945
Two bedroom end apartments (with rental guarantee) from ???58,945.

An additional information pack containing information on the area, diving,
excursions, commercial floorplans etc is available on request.

The Marsa Alam Beach Resort will encompass a full range of onsite facilities designed to cater to everyone???s needs. For the more active the resort will include swimming pools, scuba diving school, multiple sport???s courts and organized beach sports activities.
For those that prefer to pamper themselves whilst on holiday, a fully equipped wellness,Thalasso and beauty centre will cater to your every need.
An extensive range of on-site restaurants will allow you to sample culinary delights from around the world and why not finish the evening off with a drink at one of the beach bars situated right on the magnificent Red Sea.
With tour and excursion services as well as shuttle, limo and car rental, exploring the world outside the resort couldn???t be easier.

To make your stay all the more enjoyable, the resort also comprises two designated
children???s areas. LAN internet connections in all apartments will ensure that you???re never to far from family and friends should you wish to be contactable, but with all of this on your doorstep you???d be forgiven for not wanting to be.

10 swimming pools; both salt and freshwater.
2 private jetties.
Scuba diving school.
Diving and water sports shop.
500m private beach.
House coral reef.
Supermarkets and shops.
Shopping mall.
Restaurants, bars and a nightclub.
24 hr concierge, reception and room services.
Amphitheater.
Cinema.
Children???s playground.
4 tennis courts.
2 basketball courts.
Botanical landscaped gardens with brooks and fountains.
In-house serviced laundry.
Travel and excursion services.
Spa, wellness, Thalasso and beauty centers.
Medical and dental services.
24 hour in house security services with manned gate.
Shuttle service, limo service and car rental.
LAN internet connection in all apartments.
Wireless internet in Suite section.

Investment Example:

Junior Suite of 29,500 Euros
Plus furniture pack of 3,950 Euros
Plus deeds, translation & Escrow fee of 1,050 Euros
Total cost: 33,450 Euros

After 5 years:
New Property Value*: 51,625 Euros
Costs: 34,500 Euros
Rental income**: 14,750 Euros
Total profit: 31,875 Euros / approx. ??25,295




* Capital growth at a conservative estimate of 15% p..

** Rental income at a conservative estimate of 10% p.a.


Call now for a full colour brochure & price list.

 
Property Features:

Location   Marsa Alam
Type of property   Apartment
No. of bedrooms   1
No. of reception rooms   1
No. of Bathrooms & WCs   1
Property Status   Freehold
Property Features:
Balcony: Yes
Disability access: Yes
Garden: Yes
Sea View Yes
Swimming Pool: Yes
Waterfront: Yes
 
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