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Budget Studio Apartment in Marsa Alam > Muhafazat Al Bahr Al Ahmar > Egypt

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Apartment/Flat Description

For Sale Studio Apartment - 2nd Floor - Full Sea Views - 47.98 Sq.Mtrs - Fantasting Serviced Apartment - Fantastic Payment Terms - Multiple Unit Discounts available - Just 3.5Hrs from Hurghada - Fantastic Logistical Links - Close To Airport. Call Now on 0044 207 100 4089

Marsa Alam with its 6.000 inhabitants is located 275km south of Hurghada, about 4 hours drive along the Red Sea Coast through an absolutely stunningly beautiful landscape. In Arabic Marsa means a natural harbor and Alam is flag so this is so to speak the "Flag-Harbor" of Egypt. You would not think so when you see it though.

The village itself is a small fishing port with a bus terminal, a petrol station, a few grocery shops and some restaurants but it's a village in change. Though Marsa Alam still is somewhat undiscovered, a major boom in tourism market is inevitable.
Since the opening of the international airport in 2001, this small fishing village has become the new top Red Sea destination for diving enthusiasts. Located on the beach the resorts around Marsa Alam offer comfort and freedom with a dramatic desert- and mountain backdrop

Project highlights

The hotel is very close to the most attractive diving spots (Elphistone) A sandy Beach of 800m long. A very beautiful house reef for snorkeling and diving full of marine life (Turtles, sea cows, etc…) Constant north wind, sandy beach, the protection of the island make the wind and kite surf perfect . A beautiful desert in the back area full of colorful mountains and valleys give a fantastic safari. The only Marina situated in the middle way between Port Ghalib and Marsa Alam; give a favorite taste for the sailing and diving safaris.

Zone A - Villa 1-6 & Building from 1-6
Location : 250m from the sea, on a 3 level hill, with
stunning sea view for all units
192 Studio Units (hotel rooms) of ±50 m²
Possibility Two bed rooms and Three Bed rooms
8 Villas with 400 m² land and 150 m² to be built up
area, over 2 levels
Swimming pool for adult and children pool plus
Kids ground

Project Facilities

Equinox hotel under classification as a five stars hotel (operating)

A marina for 20 yachts and small boats

Infrastructure for the Total Project

Water desalination plant

Sewage treatment plant

Electricity Station

Telephone network

Satellite network

Shopping areas

Diving Center

Surfing & Kayak center

Quad center

Bedouin tents

Safari club center.

Restaurants , bars & nightclub

Medical Clinic

Swimming pool / Children Pool / Jacuzzi

Kids Ground / Outdoor Chess Board

Animation Team

Extensive green areas with only 20% of the site being built on

Financial details

10% discount on 100% Cash payment in advance
Instalment plan Interest free financed by developer
Contracting Deposit 30%
70% over 48 months (quarterly payment)
Handover 24 months
Full Due Diligence report available
Maintenance fees are paid once in a lifetime - 6%
from property price, with an increase of 15% every 3
years to cover inflation.
Special discounts for investors
5% for 2 units
7.5% for 3 units
10% for 6 units
Guarantee rental 7.5% per annum (optional)
25% discount on all hotel facilities and restaurants
Furniture packs available (optional)
Airport shuttle bus available

Call Now on 0207 100 4089

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Approximate price of this 0-Bed Studio Apartment
€30,876 EUR | 
£24,710 GBP | 
US$38,737 USD | 

(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 1154103 
Town Marsa Alam 
Province Muhafazat Al Bahr Al Ahmar 
Country Egypt  
Type Studio Apartment
Category Off plan 
Listed over 6 months ago
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Map of Marsa Alam, Muhafazat al Bahr al Ahmar, Egypt


Real Estate Agent Listing this Property

Agent Starhill Realty Ltd, Intl
Listing Since 02 June 2011
Property Listings View all properties from this agent
Starhill Realty Ltd, Intl Logo

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Price: £24,710
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Price of Property in Marsa Alam, Egypt

Property Type Min Price Max Price Median Price
(All prices in EUR) Marsa Alam Egypt Marsa Alam Egypt Marsa Alam Egypt
Detached 107,000 107,000 107,000 306,748 - -
Apartment/Flat 19,980 1 117,100 1,450,000 29,990 39,950
Studio 18,000 6,086 18,000 103,000 - 20,903
House/Villa 66,165 42,000 207,499 1,600,000 - 470,000
Land/Ruins 60 60 60 582,000 - 692,300

* Calculations based on 29 properties for sale in Marsa Alam and 765 properties for sale in Egypt




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