MARSA ALAM Located in eastern Egypt and on the west coast of the Red Sea. Marsa Alam is one of the fastest growing holiday destinations on the Red Sea Riviera. Although until recent times a small fishing village, the introduction of an International Airport in 2001 has seen Marsa Alam s popularity grow. The recent development of an international airport, just 30 minutes drive from this resort, has ensured that Marsa Alam is the hottest new destination in Egypt - and we don t mean just the weather. Marsa Alam has a true tropical feeling, with its mangroves and palm trees, and its long beach s with fringing and barrier coral reefs. The awesome Wadi el Gemal National Park is in its outskirts, with 100km of pure Red Sea beach bliss and desert landscapesbackdrop
Top 10 Reasons To Invest In The Red Sea Riviera 1. Secured high return on investment As Egypt has no credit crunch due to the fact that there is no mortgages or credit cards, return On Investment opportunities are secured and recorded high average 15% per annum. 2. The Cost Of Living is low (i.e. Gasoline 20 pence a litre) and exchange rates to the Egyptian pound are high for foreign currencies. 3. High Profile Resorts The red sea is one of the best places in the world for diving and the world s most popular tourist destination and Many Golf courses under construction. 4. Climate 100% guaranteed sun shine all year round and the weather is hot and dry. 5. Rentable Guaranteed rental yields 7.5% per annum. 6. Development & Tourism Marsa Alam has its own International airport and accessible with direct flights from most Europe approx 3.5 hours and approx 5 hours from London. 7. Great Deals & Affordable Holiday Homes Properties starting from approx 28,600. 8. Attraction And full of contrast where ancient and modern life exist side by side and Tourism is growing from 3 million per year in 2003 and reached record high of 11 million in 2009 9. Tax Friendly Environment. No capital gain tax or inheritance tax. 0% tax on bank interest. 10. Sellable And should remain an excellent investment opportunity in the longer term, as the area is relatively unknown.
El Nabaa Bay Resort Layout No Commission From buyers El Nabaa Bay Resort consists of 7 phases: Phase 1. Hotel & Dolphin Diving Center (operating) Phase 2. Bay View Heights Phase 3. Real Estate Phase 4. Five Star Hotel Phase 5. Five star Hotel Phase 6. Real Estate Phase 7. City Center
MARSA ALAM FACTS & FIGURES 450 KM from Hurghada. 420 KM from Sahl Hasheesh. 900 KM from Cairo. Charter flights available through Marsa Alam international air port all year. Mild climate and sun shine all year around. Fabulous nature and coral reefs. Breathtaking beauty of the Red Sea. World famous beaches. Amazing diving and water activities 365 days a year. Few hours flight from any European country. Developed infrastructure.
Hotel Equinox 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 bay, 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.
No Commission From buyers
El NABAA BAY RESORT No Commission From buyers Bay View Heights Zone A - Villas 1-6 & Buildings 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 11 Villas 160 m² over 2 levels and land plot 400 m2 Swimming pool for adult and childre Kids ground 230 room & suites Swimming pools Restaurants Mall Spa Diving Centre Sailing Centre Marina Volley Beach Sandy Beach Protected Conference Room Business Centre Parking Care Rental Horses Riding Luxor & Aswan Excursions Safari
FIRST FLOOR PLAN GROUND FLOOR PLAN Villa size 160m2
Hotel Rooms Gross 47.98 m2 A 41.25 m² 1 Bedroom 19.20 2 Bathroom 6.75 3 Kitchenette 7.35 4 Terras 7.95 Gross 49.26 m2 B 42.35 m² 1 Bedroom 21.65 2 Bathroom 6.70 3 Kitchenette 6.50 4 Terras 7.50 Gross 52.75 m2 C 45.35 m² 1 Bedroom 24.70 2 Bathroom 6.90 3 Kitchenette 5.75 4 Terras 8.00
FINANCIAL DETAILS 10% discount on 100% Cash payment in advance Installment plan Interest free financed by developer Contracting Deposit 30% 60% over 48 months (quarterly payment) 10 % handover 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. 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
Financial Facts Cash Payment: 10% discount on 100% cash payment Installments: 30% Contracting Deposit 60% over 48 months (16 interest-free squarely payments) 10% upon delivery Extra Expenses Electric and water meter Extra (3000 EGP) Full Furniture Package are available (Optional). (Includes: full furniture, air condition, household basics. Quick facts 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
Unit Survey - Unit Price ( $ ) Unit survey 47.98m2 Unit survey 49.26m2 Unit survey 52.75m2 3 bedroom Villa 160 m2 Land plot 400m2 43618 ( $ ) 44782 ( $ ) 47955 ( $ ) 162910 ( $ )
Advice: Naturally, you need to be prepared to wait for the property to be completed before you can move in. Sharm El Sheikh Real Estate customer care team will keep you updated on the progress of your property at all times. There's always a Sharm El Sheikh Representative to answer your questions. Contact or Visit us at: Sharm El Sheikh Real Estate 24 Sultan Kabous Street, Na'ama Bay Sharm El Sheikh 41669, Egypt Every day 10am - 12pm Tel:+20-12-7676650 Fax:+20-69-3666080 Sharm El Sheikh Real Estate Nabq Branch, La Strada Mall, Shop G46, opposite Oriental & Coral Sea Resorts Nabq, Sharm El Sheikh 41669, Egypt Every day 2pm - 10pm Tel:+20-12-7676650 Fax:+20-69-3666080 Sharm El Sheikh Real Estate HEAD OFFICE Opening Hours: 10 am to 6 pm Shop 15, Sharm Mall, Banks Street, Hadaba (opposite Alf Leila wa Leila) Tel:+20-12-7676650 Fax:+20-69-3666080