Sea Island
Red Sea Beach Resort
Sea Island Red Sea Beach Resort is being built on a superb 188,000sqm plot with a 600m-wide private sandy beach. It is 15km south of Marsa Alam International Airport and 50km north of Marsa Alam town. Construction commenced in May 2010, with completion expected at the end of 2012.
This location involves a wonderful house-reef with an abundance of marine life that will be superb for diving and snorkelling, and is close to the airport and Port Ghalib.
The Developer of Sea Island Red Sea Beach Resort is in the final stages of negotiation with an international hotel group who will operate Red Sea Beach Resort when built.
Purchasers at Sea Island Red Sea Beach Resort can choose from ocean view apartments, hotel suites, unique beach lodges and penthouses with rooftop terraces, all currently available off plan.
Sea Island Red Sea Beach Resort will have 760 units comprising a top-class hotel, beautiful apartments and innovative beach lodges.
Apartments at Sea Island Red Sea Beach Resort start from just €42,000 unfurnished and are some of the most affordable properties on the Red Sea Coast - a real bargain considering their location right on the beach.
Sea Island Red Sea Beach Resort also offers a bank guaranteed rental system for the two bedroom apartments offering 8% per annum net returns for ten years.
In addition, a rental pool system is available at Red Sea Beach Resort for all property types offering high returns forecast at over 10%.
Another excellent feature of Sea Island Red Sea Beach Resort is that there are no annual costs for ten years if you take advantage of the rental guarantee or property rental pool system.
Since 2004, the price of property in the Marsa Alam area of Egypt has risen by a minimum of 10% to 12% every year.
With increasing tourism and larger numbers of visitors, higher demand from investors, and new
projects and infrastructure being developed, this trend is expected to continue well into the future. The Red Sea Beach Resort is a fantastic opportunity to take advantage of this extremely favourable investment environment.
Location
Sea Island Red Sea Beach Resort is ideally located on the Red Sea coast, south of the popular Hurghada resort, on the edge of the Eastern Desert. The Red Sea Beach Resort is:
50km north of the town of Marsa Alam.
Around 15km south of Marsa Alam International Airport, which has direct flights from London Gatwick and numerous other European airports, and makes transfers to your
accommodation quick and easy.
Approximately 210km from the large seaside resort of Hurghada, making it a great destination to get away from it all.
Has world-class diving off the Red Sea coast with the Elphinstone Reef, Sha'ab Marsa Alam, Ras Samadai (Dolphin House) and Daedelus Reef all close by.
Within easy reach of the breathtaking River Nile,
and the ancient city of Luxor, the town of Karnak
and Thebes, which together have been called the
world’s greatest open air museum.
Close to the city of Aswan and its world-famous
dam, which are well worth a visit.
Features
Sea Island Red Sea Beach Resort at Marsa Alam on the Red Sea coast offers a whole range of properties. You can choose from one bedroom hotel suites, one bedroom
luxe hotel suites, stunning one and two bedroom apartments, penthouses with roof terraces, and two and three bedroom beach lodges.
Naturally, the highest quality materials are being used throughout, and the impressive craftsmanship
guarantees the properties will be finished to the highest standards.
Sea Island Red Sea Beach Resort has been carefully planned and designed to provide the real feeling of luxury.
The welcoming entrance to Sea Island Red Sea Beach Resort has been decorated with a water pond, and the hotel leads to a promenade that meanders through the entire resort.
There are quaint outdoor cafes, restaurants, shops, a spa, hair salon, massage and beauty centre, children's playground, cinema, medical facilities, seven swimming pools and landscaped botanical gardens complete with ponds and fountains.
Sea Island Red Sea Beach Resort extends down to the private sandy white beach and the brilliant blue sea, and offers amazing sport and recreation activities both on the water and below the waves.
The resort also has its own professional diving school with PADI instructors (Professional Association of Diving Instructors) who give you the chance to explore the breathtaking underwater world that the Red Sea has to offer.
The Features of Sea Island Red Sea Beach Resort include:
A magnificent beachfront location with superb sea views.
600 metres of private sandy beach and a private reef for diving and snorkelling.
Apartments starting from just Euro 48,499 including furniture.
A large selection of ocean view apartments, penthouses, hotel apartments and unique beach lodges.
A rental pool system available for all property types offering high returns forecast at over 10%.
A bank guaranteed rental system for two bedroom apartments offering 8% net returns for ten years.
Air conditioning included in all properties.
High quality furniture packs.
Furniture and interiors fully insured for ten years, with any breakages replaced for free.
No annual costs for ten years if you take advantage of the rental guarantee or pool system.
Five weeks personal use per year on all property types, taken whenever you want.
Rental pool properties offer unlimited usage. However rental pool returns are dependant on occupancy and more personal usage means less rental pool return.
VIP card with money to be spent within the resort and credited annually for 10 years.
Capital appreciation expected to be within the region of 8% to 12% every year.
A purchase guarantee – EU Properties International BV will guarantee to resell your property if
you are not satisfied with the finished product.True penthouses with rooftop terraces all with wonderful sea views.
Facilities
Sea Island Red Sea beach Resort has many beneficial facilities including:
Spa, wellness, hair salon, massage and beauty centre.
Restaurants, cafes and lounge bars.
24-hour reception and room service.
24-hour security.
Laundry service.
Lifts.
600 metres of private sandy beach.
Seven swimming pools.
Coral reef situated directly in front of the beach.
Landscaped botanical gardens complete with ponds and fountains.
Children's playground.
On-site medical facilities.
Supermarket.
Cinema.
Internet available in all apartments.
Car rental and shuttle services.
Travel and excursion agency.
Camel, quad or jeep safari experience.
Fishing.
Beach sports.
Parasailing, water skiing, scuba diving and snorkelling.
Kite and wind surfing.
Catamaran and sailboats.
Two private jetties.
Diving and water sports shop.
Approved diving school (PADI - Professional Association of Diving Instructors).
Properties
Apartments
The 1-bedroom apartments offer 76sqm of floor space plus a roomy terrace of 8 square metres.
Each apartment comprises one bedroom with a luxurious en-suite bathroom, spacious open plan living room and kitchen.
The larger 2-bedroom apartments offer 114sqm of floor space. They come with a ‘Bank Backed Rental Guarantee’ offering 8% net returns for ten years. They have a large, open plan living room with fully equipped kitchen, two bedrooms, a large bathroom and a private terrace of 17 sqm.
Garden apartments benefit from additional outdoor space, as their name suggests.
Whilst the luxurious penthouses offer you the ultimate in living space. Not forgetting the incredible views across the Red Sea from their enormous roof terraces.
Beach Lodges
The unique and luxurious beach lodges at Sea Island Red Sea Beach Resort help create a wonderfully tranquil
atmosphere, with their beautiful wooden structure and tropical thatched roof covering. They enhance Sea Island Red Sea Beach Resort immeasurably and provide a unique beachside holiday home.
The Hill Lodges are set back from the beach and have wonderful views of the mountains and the sea. They comprise a large, open living room, luxury bathroom, open plan kitchen and
two bedrooms. They offer floor space of 64sqm and a huge 33sqm terrace.
The Beach Lodges are set right on the shores of the Red Sea with amazing sea views. These Beach Lodges offer ground-floor space of 64sqm, first-floor space of 32sqm and also have a huge 33sqm terrace.
Both types of Lodge at Sea Island Red Sea Beach Resort have large sliding glass windows that connect the interior of the lodge with the attractive hardwood terrace.
The careful choice of materials for the lodges guarantees that they blend into the romantic setting of the resort.
The roof overhangs by a metre on both sides of the Lodges to give extra shade. In addition, the roof is made from sustainable tropical thatched grass (alang-alang) to provide a cool and very beautiful finish to the lodges.
Prices
Sea Island Red Sea Beach Resort is already proving to be an immensely popular investment and, as such, prices have already started to rise. Purchasing now, means that you will benefit as prices continue to climb steadily.
All prices shown below are for fully-furnished properties.
Prices for Sea Island Red Sea Beach Resort are:
1-bedroom Garden Apartment Euro53,999.
1-bedroom Middle Apartment Euro48,499.
1-bedroom Penthouse Apartment Euro58,499.
2-bedroom Garden Apartment Euro83,499.
2-bedroom Middle Apartment Euro77,499.
2-bedroom Penthouse Apartment Euro97,499.
2-bedroom Hill Lodge Euro198,499.
3-bedroom Beach Lodge Euro207,499.
Payment Options
Sea Island Red Sea Beach Resort gives you flexibility in your payment options. Simply select the one that suits you best:
Payment Option 1. Lump Sum Payment
You pay a €1,500 reservation fee to take the property off the market.
You then pay the balance (100% minus the reservation fee) when you sign the contract, usually
within three weeks. All funds will be held in Trust (which is similar to the UK Escrow) for your protection, and are released to the Developer when pre-set conditions/stages of construction have been satisfied.
Upon payment of the balance of 100% you receive a 5% discount.
This payment option brings you an added benefit if you also choose the rental guarantee (available on two bed apartments only).The rental guarantee will take effect and start generating guaranteed income 18 months after the
full balance is paid.
This means you will start making a return BEFORE the resort is even finished! For example, if you purchased today and paid in full, you could expect to start generating guaranteed income 18 months from now, with your first year’s income paid to you (one year in arrears) in 30 months time.
Payment Option 2 Installment Payments.
You pay a €1,500 reservation fee to take the property off the market.
You pay 50% (less reservation fee) on exchange of Contracts.
You then pay the balance of 50% in four phased instalments over the construction period. The exact date of the instalments will depend on construction progress.
Payment Option 3 Deferred Payments.
You pay a €1,500 reservation fee to take the property off the market.
You pay 100% (less the reservation fee) in four quarterly installments over a 24 month period and commence on the date of exchange of contracts.
This payment option incurs a 10% surcharge which is added to the the total purchase price prior to calculation of the quarterly payments.
Escrow
The safety and protection of your investment is guaranteed through the use of an escrow agent.
You can pay your funds directly to the escrow agent or your solicitor can do it for you. This independent agent is legally responsible for all funds under their control.
They will exclusively supervise and work to promote a safe increase of the existing capital. Funds are only released by the organisation for the purpose of construction and this only takes place in accordance with the delivery plan, and only after careful attention has been paid to whether the relevant construction phases have been satisfactorily completed.
Furniture Packs
Furniture packs for Sea Island Red Sea Beach Resort are available which are covered by the Developer’s interior warranty. This means you are fully insured for ten years with any breakages replaced for FREE.
What’s more, these extensive packs cover everything you could want! From your wide screen LCD TV to your cutlery, from your lighting to your bedding, everything you will need is included.
Furniture Pack Prices
One bed Garden Apartment €6,999.
One bed Middle Apartment €6,499.
One bed Penthouse €7,999.
Two bed Garden Apartment €9,999.
Two bed Middle Apartment €8,499.
Two bed Penthouse €12,499.
Two bed Hill Lodge €11,999.
Three bed Beach Lodge €14,999.Further Information
Further information on our properties for sale at Sea Island Red Sea Beach Resort can be found in our Red Sea Beach Resort Brochure.
Please Contact Us at Property Matters Overseas for further information, including the latest prices and availability, for Sea Island Red Sea Beach Resort, Marsa Alam, which could just be the perfect property for you in Egypt.
Property Matters Overseas has property for sale in Hurghada, Sharm el-Sheikh, Sahl Hasheesh, Marsa Alam and Luxor. Please get in touch with one of our friendly property consultants for further details or if you have any questions about buying property in Egypt.
