Buy Marsa Alam Red Sea Beach Resort Egypt Property

 

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Marsa Alam Red Sea Beach Resort Why is this Property Unique?

  • 10 Year Bank Guaranteed Rental
  • NO annual costs
  • Air conditioning included
  • Prices starting from €29,990
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 Description

Click here to go to the Enquiry Form for this Property

Marsa Alam Red Sea Beach Resort Egypt


The Red Sea Beach Resort, Marsa Alam offers a range of properties from 1 & 2 bed Hotel-suites, stunning 1 & 2 bed resort Apartments to 2 & 3 bed Beach Lodges. The highest quality materials have been used and the high level of craftsmanship guarantees the properties are finished to the highest standards.

 

The welcoming and impressive entrance to the Red Sea Beach Resort has been decorated with a water pond, which is characteristic of the region, the Hotel is surrounded by a promenade which meanders through the entire resort. There are quaint outdoor cafes, restaurants and shops, in fact everything you could possibly desire in order to make your dream holiday a reality. You can sit and relax in the resorts lounge club and take in the beautiful views, while enjoying a refreshing cocktail. In addition to the recreation areas there are swimming pools complete with water slides and water attractions.

Red Sea Beach Resort Investment Features: 

  • A superb NEW resort with a magnificent beach front location

  • Some of the worlds best diving on your doorstep (with better reefs, marine life and cleaner water than Hurghada)

  • NO annual costs for 10 years if utilising the rental guarantee or pool system (no service charge, no maintenance fee)

  • Interior warranty - Furniture and interiors fully insured for the 10 year term (any breakages replaced for FREE)  

  • Air-conditioning included with all property types

  • The resort offers Asian style 2 and 3 bedroom tropical beach lodges as an alternative to the usual run of the mill villa (all located closest to the sea)

  • Low entry prices with apartments starting from only €35,989 (including furniture!)

  • Rental pool system offering high returns forecast at over 10% (available for all property types)

  • BANK GUARANTEED' rental system for 2 bedroom apartments offering 8% NET returns for up to 10 YEARS!

  • The bank guarantee commences 18 months from full payment; therefore it is possible (if paying in full) to generate an 8% return BEFORE the resort is finished!

  • If the investor notices that the rental pool option is creating more than the guarantee; he or she is free to swap over

  • 5 weeks personal usage permitted with rental guarantee & unlimited usage for pool rental option

  • The 5 weeks personal usage can be taken ANY TIME of the year

  • Fantastic rental potential from diving tourists

  • True 1 and 2 bedroom penthouses with roof top terraces (all with sea views)

  • 300 metres of private sandy beach and a private reef (unlike Hurghada where most developments offer you a crowded public beach or use of a hotel beach)

  • Close to Marsa Alam International Airport

  • Freehold ownership

  • All funds held in third party Escrow facility for protection of client funds

  • The resort is not dissected by roads

  • The resort is NOT being sold in phases allowing the investor to take his or her pick of ANY property in the resort

  • Low density build

  • Full due-diligence and planning permission in place

  • The resort is under Dutch management

  • Developer is Dutch and a member of the AIPP and is also a Mondi professional

  • Capital appreciation expected to be within the region of 8 to 12% per annum

 

The developer of the Red Sea Beach Resort is a member of HEPCA (Environmental Protection and Conservation Association) thus showing their commitment to protect the reef. All in all a very sound investment located in one of the up and coming property hot spots!!

Red Sea Beach Resort Rental Options:

 1. Rental Pool (available for every property in the resort) - available for 10 years.

Conservatively estimated at 10% net based on 20 weeks occupancy. Obviously this method allows for far greater returns depending on the amount of personal use and the actual occupancy levels for the resort. The Rental Pool option provides the most flexibility if longer personal usage periods are required.

 2. Rental Guarantee (2 bed apartments only) - available for 10 years.

The Rental Guarantee option allows five weeks personal usage each year.

Guaranteed net returns:

  • Year 1    -  8%
  • Year 2    -  8%
  • Year 3    -  8%
  • Year 4    -  8%
  • Year 5    -  8%
  • Year 6    -  8%
  • Year 7    -  8%
  • Year 8    -  8%
  • Year 9    -  8%
  • Year 10  -  8%

 Investors have the option to secure the above returns by way of a Bank Guarantee.

The rental guarantee comes into effect 18 months after the full balance payment has been received (regardless of construction status).

 

Furniture packs must be purchased if utilising either of the above rental options.

 Location Click here to go to the Enquiry Form for this Property

Marsa Alam is located in the south of the Egyptian Riviera on the Red Sea 20km north of Marsa Alam city and approximately 300km south of Hurghada.

Marsa Alam International Airport is just 45 kilometres away.
For precise locations using Google maps use the links below, notes clicking these links will open a new window in your browser:

 

Pricing - Payment Profile - Completion Date Click here to go to the Enquiry Form for this Property
  • Property Type GBP EUR USD AUD
    1 bed Hotel-suite from 26,163 29,990 39,095 57,434
    1 bed Hotel-suite luxe from 31,398 35,990 46,917 68,924
    1 bed Garden Apartment from 33,142 37,990 49,524 72,755
    2 bed Garden Apartment from 48,846 55,990 72,989 107,226
    1 bed Middle Apartment from 28,780 32,990 43,006 63,179
    2 bed Middle Apartment from 43,611 49,990 65,167 95,736
    1 bed Penthouse from 34,887 39,990 52,131 76,585
    2 bed Penthouse from 61,059 69,990 91,239 134,038
    2 bed Beach Lodge from 87,231 99,990 130,347 191,491
    3 bed Beach Lodge from 104,679 119,990 156,419 229,793

    Option 1

    Installment Percentage Expected Date
    Reservation Fee
    €1500
    Upon reservation
    Balance
    100% - less reservation fee
    On signing Contract (Usually within 3 weeks)

     Option 2

    Installment Percentage Expected Date
    Reservation Fee
    €1500
    Upon reservation
    1st Instalment
    25%
    On signing Contract (Usually within 3 weeks)
    2nd Instalment
    25%
    Foundations approx June/July 09
    3rd Instalment
    15%
    Brick Work approx December 2009
    4th Instalment
    15%
    Plumbing and Electrical approx June 2010
    5th Instalment
    15%
    Finishing works approx December 2010
    6th Instalment
    5%
    Paid on delivery
    Surcharge for deferred payment plan
    10% of net apartment price (excluding furniture)
    Spread over entire payment plan

     

    The above mentioned payment schedule is approximate and refers to the construction status of your particular block. It is therefore likely that different payment dates will apply for different blocks.

    Option 1:   Payment in full is expected upon signing Contracts, the payment is to include the cost of the furniture pack and Escrow Agent fees. All monies are held in Escrow and released to the Developer when pre-set conditions/stages of construction have been satisfied.

    Option 2:   Your property (excluding furniture pack and Escrow fees) will cost you a further 10% if you wish to benefit from this deferred payment plan. The cost of this is spread across the payment plan. The 10% is calculated on the net cost of the apartment (excluding furniture). 

    Furniture Packs:

    1 bed Hotel-suite                                           €5,999
    1 bed Hotel-suite luxe                                     €6,499
    1 bed Garden Apartment                                   €6,999
    2 bed Garden Apartment                                   €9,999
    1 bed Middle Apartment                                   €6,499
    2 bed Middle Apartment                                   €8,499
    1 bed Penthouse                                            €7,999
    2 bed Penthouse                                           €12,499 
    2 bed Beach Lodge                                        €11,999
    3 bed Beach Lodge                                        €14,999

  •  

    MARSA ALAM BEACH RESORT COMPLETION DATE: Late 2011

    For up to date Marsa Alam Red Sea Beach Resort Egypt Property availability - enquire now

    If you want an either online estimate of the current exchange rates from Egypt Pounds (EGP) or would like to enquiry about EGP currency click here to open a new window.

    We are not charging a finders fee on this property - you pay the developers price - you will not find it cheaper anywhere!

    Click here to go to the top of the pageQuick Property Enquiry Form - Marsa Alam Red Sea Beach Resort Hurghada Egypt
     
         
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