GBP 58,025 | Marsa Alam, Marsa Alam | 2 Bedrooms

DETAILS

Marsa Alam Beach Resort site




Situated on the Red Sea, the new Marsa Alam Beach Resort lies only 45km south of the Marsa Alam International Airport and 20km north of Marsa Alam city. IPI are developing 1500 one and two bedroom apartments set in a beautiful gated five star resort. The plot is 250,000m2, with a 500M stretch of coast line, and an additional 52,000m2 for the construction of retail outlets, restaurants and staff accommodation.



Marsa Alam Beach Resort facilities will include the following:



• 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



• Shuttle service and limo service



• LAN internet connection in all rooms with wireless internet connection in the hotel





About Marsa Alam: 



Marsa Alam was once a small fishing village but has grown into one of the major tourist areas in Egypt with plenty of holiday options. 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. Situated near the Tropic of Cancer, Marsa Alam has a true

tropical feeling, with its mangroves and palm trees, and its long beaches 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 landscapes.



A coastline renowned for crystal-clear water, perfect for scuba diving or snorkelling if you prefer, attracts a relatively small number of tourists from around the world.

However, Egypt's most southerly resort is increasing in popularity and with weekly

UK flights from Manchester and Gatwick, it won't be long until more people discover

the delights of the simply luxurious Marsa Alam. Most of the luxury hotels are centred around the turquoise waters of Coraya Bay. Days are generally spent relaxing in the sunshine or exploring the unspoilt coral reef, packed full of stunning marine life.



Just a five hour flight from the UK, Egypt is becoming one of the most popular tourist

destinations for those seeking sun and sand. With average temperatures of over twenty Degrees Celsius every month coupled with long sunshine hours, this is the closest you will come to ensuring that you will have good weather for your holiday.



Take advantage of your holiday in Marsa Alam to explore the historic city of Luxor

where ancient temples await. Sail across the world famous Nile to view the Valley of

the Kings.



The History:



This ancient land is associated with pyramids, pharaohs and kings. Situated between

Africa and Middle East, it enjoys glorious weather and you'll be hard pressed to find a

cloud in the sky most days. A minimum of 345 sunny days a year, an average 12 hours of rays every day, and low humidity make this country the most perfect destination for a relaxing break.





Reasons to invest in Marsa Alam Beach Resort on 2 bedroom apartments.





• Frontline 5 Star development



• Prices starting from €39,950



• Extensive range of facilities



• Average 10% rental guarantee option for five years



• Freehold ownership



• Renowned as the world’s premier diving site



• Excellent capital appreciation



• 45 km from Marsa Alam International Airport



• 500M Private beach and coral reef





Legal Guide:



• A full due diligence has been conducted on the developer, development and management group by a UK based lawyer



• Contracts will be written by UK based lawyers and are governed under European law



• There are no restrictions on direct foreign ownership for this development



• Unlike other areas of the Red Sea Coast this resort is freehold ownership



• The signatures of foreign affairs on the title deeds will be legalised by the Royal Netherlands Embassy in Cairo.



• There is no restriction on when you can resell your apartment.





2 bedroom apartments:



There will be 1050 5 star one bedroom apartments. Priced from €39,950 plus additional furniture pack (pre-launch pricing), these beautifully designed apartments will be from 80m2 with garden apartments including additional 16m2 terrace space and a superb garden of 60m2. The middle floor (1st floor) 2 bedrooms are 80m2 plus 16m2 of balcony space. The  internal living space consisting of two bedrooms, one bathroom and open plan living area. The garden apartments start at 49,950 euros.



Garden Apartments priced from €49,950 (pre-launch price). These apartments are comprised of 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area; an average of 16m2 terrace space and 60m2 garden.



Middle Apartments priced from €39,950 (pre-launch price). These apartments on the first floor are of an area of 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area and an average of 16m2 balcony.



Price List and rent guarantee details:



Ground Floor Garden Apartment Price €49,950

Rental Guarantee:

Year 1 : 6% €2,997

Year 2 : 8% €3,996

Year 3 : 10% €4,995

Year 4 : 12% €5,994

Year 5 : 14% €6,993



Middle Floor Apartment Price €39,950

Rental Guarantee:

Year 1 : 6% €2,397

Year 2 : 8% €3,196

Year 3 : 10% €3,995

Year 4 : 12% €4,794

Year 5 : 14% €5,593



 Please note: Some apartments will have an additional surcharge on price upon release due to exceptional position. This surcharge is expected to range from €3,000 to €5,000. If an investor does not wish to pay the surcharge then an alternative apartment will be provided that is not subject to this. Prices and calculations are subject to change.










Pre Launch Reservations:



A fully refundable reservation deposit of 1,500 euros will secure your apartment. Before the release your payment will be secure in an escrow account pending the official release where you will be allocated your apartment. We advise all keen investors to lock in at todays prices as these will increase on the official release at the end of February by 10 per cent; giving you instant equity.



Investors will receive a full investment guide, plans and full price list one week before the official launch and will be given a choice of the best unit available on release day.



Please contact us immediately to reserve your apartment with the pre launch prices and discounts.



The resort is expected to sell out very quickly.