Marsa Alam Beach Resort, Marsa Alam

Marsa Alam Property Add comments

Marsa Alam Beach Resort

Prices from only 29,500 EUR!

Frontline 5-Star Development 

10% Average Rental Guarantee for 5 Years!!! 

Guaranteed Developer Funded Mortgages

Available On Selected Apartments!

Completion Date: Phase 1 - December 2009, Phase 2 - December 2010

The Marsa Alam Beach Resort is an exclusive 5-star development, located frontline, on the sun-drenched Red Sea Riviera; it has its own private 500m beach and house reef. Marsa Alam is widely regarded as the world’s premier diving destination, the resort takes full advantage of its enviable location with two private jetties, an on-site diving school, water sports shop as well as a full range of facilities.


The 1,434 unit development offers various investment options to cater to all budgets including Junior suites, Executive suites, Presidential suites and two bed apartments.  Furniture packs are available for all apartments as an optional extra. Whilst the acquisition of the furniture pack is not compulsory should you wish your apartment to be included in either the rental guarantee or the rental pool, then the pack must be taken at the time of purchase. All items are guaranteed during the time they are in the rental system. 

Not only does the resort offer the perfect holiday destination, but it also provides an unrivalled investment opportunity. Marsa Alam is the hot-spot of the Red Sea and this resort encompasses low entry levels, high rental yields, a bank backed 5 year 10% average rental guarantee, developer funded mortgages, payment plans, an Escrow account and a Developer with a strong track record in respect to high quality developments throughout the world. 

Key Features:

  • Frontline 5 Star development 
  • On site facilities, including pools, restaurants health club & dive school
  • Extensive green areas with only 18% of the site being built on
  • Average 10% rental guarantee option for five years
  • All apartments with private outdoor space & air-conditioning
  • Guaranteed Developer funded Mortgages (non-status) available on selected apartments 
  • 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
Pricing
1 Bed Junior Suites from 25,736 GBP - 29,500 EUR - 38,456 USD
1 Bed Presidential Suites from 75,245  GBP - 86,250 EUR - 112,436 USD
2 Bed Executive Suites - Silver from 34,460  GBP - 39,500 EUR - 51,492 USD
2 Bed Executive Suites - Gold from 51,035  GBP - 58,500 EUR - 76,261 USD
2 Bed Apartments from 38,338  GBP - 43,945 EUR - 57,287 USD
2 Bed End Apartments from 40,082  GBP - 45,945 EUR - 59,894 USD
 
Payment Options
Option 1
Reservation Fee - €1500 - Upon reservation
Final Installment - Full purchase price less reservation fee On signing Contract
 
Option 2
Reservation Fee - €1,500 - Upon reservation 
Surcharge * - 10% - Upon signing reservation form
1st Installment - 10% - Upon commencement of construction
2nd Installment - 10% - At start of foundations
3rd Installment - 20% - At start of concrete structure
4th Installment - 15% - At start of brickwork
5th Installment - 10% - At start of electrics/plumbing work
6th Installment - 15% - At start of plasterwork
7th Installment - 10% - At start of finishing work
Final Installment - 10% - On Completion
Reservation Fee:  Please note your reservation is subject to a ‘cooling off’ period of 5 days.   After such time the reservation fee is refundable less 50% for Developer administration charges.
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 as per the schedule for Option 2.
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.          
Developer Funded Mortgage:  Available on selected 2 bedroom apartments.  The mortgages are non-status and over a 6 year term with an interest rate of 10% per annum.    The mortgage is secured against the rental income and therefore the client will need to make up any shortfall between the mortgage payable and rental income received.
Features: 
  • Stunning, high-spec apartments all with individual outdoor space and a selection with prime beach-front location 
  • Air-conditioning 
  • 9 Swimming pools - both salt & freshwater 
  • Marina 
  • 2 Private Jetties 
  • Scuba diving school 
  • Water sports diving shop 
  • 500m Private beach 
  • House Coral reef 
  • Restaurants, bars and a nightclub 
  • 24 hour concierge, reception and room services 
  • Amphitheatre 
  • Botanical gardens with brooks & fountains 
  • Cinema 
  • Children’s playground 
  • In-house serviced laundry 
  • Proposed off-road motor sport centre 
  • Tour services for water and desert activities
  • Shops and supermarkets 
  • Shopping Mall 
  • Spa, Wellness, Thalasso & beauty centres 
  • 4 Tennis courts 
  • 2 Basketball courts 
  • Medical and Dental services 
  • 24hr in-house security services with manned gate 
  • Shuttle service and limo service 
  • Travel & excursion services 
  • LAN Internet connection in all apartments 
  • Wireless Internet in Suite section
Photo Gallery (Click to enlarge)
For enquires please fill out the form below (Your private details will not be published)
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