Marsa Alam Beach Resort, Egypt
Marsa Alam Beach Resort, on Egypt’s southern Red Sea Riviera is home to year-round sunshine, pristine beaches, clear water and virgin coral reef. Add to this low entry level prices, high rental yields, a bank backed 5-year 10% average rental gurantee, developer funded mortgages at approximately 60% loan to value, payment plans, an escrow account, a developer with a strong track record in high quality worldwide developments, direct flight access and a growing tourism market and it’s not hard to see why Marsa Alam Beach Resort is such an attractive overseas investment.
The development Marsa Alam Beach Resort lies just 45 km south of the Marsa Alam International Airport and 20km north of Marsa Alam town. This perfectly located frontline development consists of 1,434 one- and two-bedroom apartments and two/three-bedroom penthouses, set in a beautiful gated 5-star resort with landscaped gardens (only 18% of the site are is being built on). All apartments are ‘high-spec’ with individual outdoor space. Prices for a one-bedroom apartment stat at just €29,500. Other options include two-bedroom apartments (with rental guarantee) from €58,945.
The resort has its own 500m stretch of private beach as well as a coral reef – allowing even weak swimmers o non-divers easy access to the area’s colourful aquatic life. There is a dive centre with instructors on site catering for those wishing to undertake their dive qualifications. And for visitors who prefer to stay on top of the water rather than at depth, the resort will also offer fresh and salt-water swimming pools, a wide range of watersports and a marina.
Other facilities planned for the Marsa Alam Beach Resort include a wellness/fitness centre, tennis, mini golf and tour services for a range of water and desert activities. The resort has its own restaurants,bars and nightclubs as well as shops, supermarkets and a medical/dental surgery. And with the town just a short 20km drive away, a resort shuttle will be available for those wishing to explore the old fishing village of Marsa Alam, or sample local markets and Egyptian life.
Location and access
Marsa Alam is located in the southern Egyptian Riviera on the Red Sea approximately 300km south of Hurghada.Â
The popularity of the region as a diving destination led to the construction of the Marsa Alam International Airport, which lies just 45km north of the resort and 65km north of Marsa Alam town. With direct flights from London and many other European destinations now available, and with flight times direct from Europe to Marsa Alam takes under 5 hours, the area is seeing an explosion in tourism growth and development. Construction is currently underway on an extension to the airport terminal, to cope with the increasing air traffic to the region.
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