A popular way in which to consider investing in overseas property is by buying as a group
Marsa Alam Beach Resort, Red Sea Coast, Egypt
- Beachfront location.
- Prices from €29,950.
- 1 and 2 bedroom Apartments, Studio Suites & penthouses
- An average 10% rental for 5 years Bank guarantee by ABM Amro.
- To be managed by a World Class Hotel Group.
- 6 weeks free usage per annum.
- Escrow payment facility.
- 500 meter private beach and coral reef.
- Completion due June 2010.
- 5* facilities including Spa, Pools, Shops, Fitness Centre.
- No stamp duty, capital gains tax.
THE MARSA ALAM BEACH RESORT IS LOCATED DIRECTLY ON THE BEACH ON THE STUNNING RED SEA COAST OF EGYPT AND BOASTS AN ARRAY OF 5* FACILITIES ON 500 METRE STRETCH OF COASTLINE. THE INVESTMENT PACKAGE OFFERS AN AVERAGE 10% RENTAL GUARANTEED FOR 5 YEARS BY ABM AMRO, AN ESTIMATED 15% TO 20% CAPITAL GROWTH, NO INCOME TAX, STAMP DUTY, CAPITAL GAINS OR REAL ESTATE TAX WITH MORTGAGE FINANCE AVIALABLE ON SELECTED UNITS AND PRICES FROM €29,950.
Marsa Alam is located in the south of the Egyptian Riviera on the Red Sea approximately 300km south of Hurghada. The popularity of the region as a diving destination led to the construction of the Marsa Alam International Airport 65km north of the town itself.
The investment package available entails a €1,500 reservation fee. You can then choose from either paying via an Escrow arrangement or stage payments over the construction period. There is mortgage finance available on selected unit.
- Beach Front Location
- 800m Private Beach & Coral Reef
- On-site Diving school
- Botanical landscaped gardens
- Spa, wellness, Thalasso and beauty centers
- tennis & Basketball courts
- 24 hr concierge, reception and room services
- 1 & 2 Bedroom Suites
- 2 Bedroom Apartments
- 2 Bedroom Garden Apartments
- Penthouses
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