Marsa Alam Beach Resort
Investment Hot Spot:
Marsa Alam Beach Resort. Apartments from just Euro29,500. Amazing 10% annual rental guarantee at Marsa Alam Beach Resort for the first 5 years of ownership on 2-bed apartments. This means you get 50% of the purchase price of your property at Marsa Alam Beach Resort back after 5 years!
Marsa Alam Beach Resort will be a beautiful gated
luxury resort comprising 1050 one-bedroom apartments and 450 two-bedroom apartments.
This beach-front resort will be set in landscaped gardens around communal swimmng pools.
Marsa Alam Beach Resort has been designed as a number of small apartment blocks - in different shapes and positions to maximise the number of apartments that benefit from having an unspoilt sea view.
Constructed on a 250,000sqm plot, Marsa Alam Beach Resort will have a 500 meter stretch of private coastline. Marsa Alam Beach Resort will also incorporate an additional 52,000sqm set aside for the construction of retail outlets, bars, restaurants and staff
accommodation.
The Marsa Alam Beach Resort has just had its official launch. As such, prices are at their lowest. Now is definitely the time to reserve at Marsa Alam Beach Resort to get the best apartments, in the best locations with the best views.
Location
Marsa Alam is located in the south of the Egyptian Riviera on the Red Sea
approximately 300km south of Hurghada.
Marsa Alam Beach Resort is situated on the shores of the Red Sea 20km south
of Marsa Alam International Airport and 45km north of Marsa Alam town.
The popularity of the Marsa Alam 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
the terminal at Marsa Alam 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 Marsa Alam area is seeing an explosion in tourism growth
and development. Which all bodes well for investors in Marsa Alam property.
Features and Facilities
Marsa Alam Beach Resort will include the following features:
Luxury frontline beach development.
Prices starting from Euro29,500.
Extensive range of facilities on site.
Average 10% rental guarantee option for five years.
Freehold ownership.
Renowned as one of the world’s premier diving sites.
Excellent capital appreciation expected.
20 km from Marsa Alam International Airport.
500M Private beach and coral reef.
Marsa Alam Beach Resort will include the following facilities:
Stunning, high-spec apartments, all with individual outdoor space and a
selection with prime beach-front location.
Salt and fresh water swimming pools.
A marina, scuba diving school and water sports diving shop.
Private beach and coral reef.
Restaurants, bars and a nightclub.
24 hour concierge, reception and room services.
Amphitheatre and botanical gardens.
In-house serviced laundry.
Proposed off-road motor sport centre.
Tour services for water and desert activities.
Shops and supermarkets.
Wellness / fitness centre, tennis courts and mini golf.
Medical and dental surgery.
24hr in-house security services.
Airport shuttle service and limo service.
LAN internet connection in all rooms with wireless internet
connection in the hotel.
Apartment Details
Marsa Alam Beach Resort will comprise a range of 1-bedroom and 2-bedroom apartments:
1-bed Apartments (45-50sqm) priced from Euro29,500 plus additional furniture pack (from Euro3,950). Consisting of:
one
bedroom
one bathroom
open plan living area
additional 8sqm
external space
2-bed Apartments will be available in 3 options - Garden Apartments, Middle Apartments, and Penthouse Apartments.
Garden Apartments (net 79sqm) priced from Euro54,945 plus additional furniture pack (from Euro7,450). Comprising:
two
bedrooms
one bathroom
one kitchen
ppen-plan living area
an average
of 16sqm terrace space
60sqm garden
Middle Apartments (net 79sqm) priced from Euro43,945 plus additional furniture pack (from Euro7,450). These
first floor apartments consist of:
two bedrooms
one bathroom
one kitchen
open-plan living area
an average of 16sqm balcony
Penthouse Apartments (net 79sqm) priced from Euro65,945 plus additional furniture pack (from Euro7,450). These
second floor apartments consist of:
two
bedrooms
one bathroom
one kitchen
open-plan living area
an average of 16sqm balcony
Please note that all apartments at Marsa Alam Beach Resort that are being entered into the guaranteed rental pool will have additional costing for furniture
packs.
Floorplans
Click on the relevant link to have a look at the floorplans for our apartments at the Marsa Alam Beach Resort:
1-bedroom Apartment Floor Plan
2-bedroom Apartment Floor Plan
Rental Guarantee
All the 2-bedroom apartments at Marsa Alam Beach Resort will be backed by a guaranteed rental scheme. This will involve an average return of 10% per year being paid to purchasers each year for the first 5 years after completion.
This effectively means that 50% of the purchase price of your property at Marsa Alam Beach Resort will be paid back to purchasers after 5 years.
The Guaranteed Rental amounts that will be paid to purchasers at Marsa Alam Beach Resort will rise each year. Starting at 6% in the first year to 14% in the fifth year.
The detailed Rental Guarantee Payments that will be paid to purchasers for the three different types of 2-bedroom apartment at Marsa Alam Beach Resort are:
Garden Apartments.
Year 1 : 6% Euro2,997
Year 2 : 8% Euro3,996
Year 3 : 10% Euro4,995
Year 4 : 12% Euro5,994
Year 5 : 14% Euro6,993
Middle Floor Apartments
Year 1 : 6% Euro2,397
Year 2 : 8% Euro3,196
Year 3 : 10% Euro3,995
Year 4 : 12% Euro4,794
Year 5 : 14% Euro5,593
Penthouse Apartments
Year 1 : 6% Euro3,597
Year 2 : 8% Euro4,796
Year 3 : 10% Euro5,995
Year 4 : 12% Euro7,194
Year 5 : 14% Euro8,393
Payment Terms
Potential purchasers of property at Marsa Alam Beach Resort can ask us to put a specific property on hold for 5 days without making any payment.
After 5 days, if you wish to formally reserve the apartment you would need to pay a reservation fee of Euro1,500 into the Developer's Escrow account.
The payments terms for our apartments at Marsa Alam Beach Resort is:
Full Payment (less deposit) paid on Contract.
However, purchasers have an option of paying an additional 10% on the price of their property (excluding the cost of furniture packs, escrow, deed and translation) at Marsa Alam Beach Resort and being able to make stage payments instead.
The stage payments that can be made for Marsa Alam Beach Resort, if that option is taken are:
10% on Site development.
10% on Start of foundations.
20% on Start of concrete structure.
15% on Start of brickwork.
10% on Start of electrics/plumbing work.
15% on Start of plasterwork.
10% on Start of finishing work.
10% on completion.
As with the reservation deposit, for full peace of mind, purchase payments (either the full payment on contract, or the stage payments) for properties at Marsa Alam Beach Resort are paid into an Escrow account. The Escrow Agent will release monies from this account to the Developer of Marsa Alam Beach Resort as follows:
10% start of construction.
10% start of foundation.
20% start of concrete construction.
15% start of construction of wall and roof.
15% start of plastering.
10% start of finishing works.
10% start of building facilities.
10% after inspection and delivery.
Further Information
You can find further information on our Marsa Alam Beach Resort development, including site plans, floorplans, and background information on the Developer and the Construction Company, in our Marsa Alam Beach Resort Brochures.
Please click on the relevant brochure to obtain the information that you need:
Marsa Alam Beach Resort Brochure - This brochure contains an overview of the Marsa Alam Beach Resort, plus site plans, apartment floorplans, furniture pack details, and rental guarantee information.
Apartment Positions Brochure - This brochure contains details of the specific positions of the individual apartments at Marsa Alam Beach Resort.
Additional Information Brochure - This brochure contains adiitional information such as the layout of the spa and commercial centre, and information on the best dives and excursions to be found near to Marsa Alam Beach Resort.
Please contact Property Matters Overseas to check the latest apartment availability and prices for our properties at Marsa Alam Beach Resort.
Further information on our range of properties in Egypt can be found in our Information Library. Just click on the button at the top right of this page.
If you need any other information just send Property Matters Overseas an e-mail via our "Contact Us" page or give us a call.
