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Good Value Egyptian Apartment - Flat Available - Ref 490511

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Apartment/Flat Description

KEY FEATURES

* Prices from £22,348
* Five year rental guarantee
* 6 weeks personally use per annum
* Payments made to an escrow account
* Outstanding on-site facilities
* Frontline beach position
* 5* resort
* Private beach
* 10 communal swimming pools

The Marsa Alam Beach Resort is a fantastic development offering residents a 5* resort with endless facilities. The development boasts a private beach, 10 swimming pools and a diving school just to name a few, plus is in a great location just 45km from the international airport.

The Marsa Alam resort comprises of one and two bedroom apartments. When purchasing a two bedroom apartment, with prices from just 43,495 Euros, you will qualify for the rental agreement. Alternatively, the one and two bedroom suites start from just 29,500 Euros and can go into the rental pool that although not guaranteed, is expected to receive an average of 10% per annum.

The five year rental guarantee entitles you to six weeks personal usual per annum and will be paid out as follows. (It is worth noting that your personal usual can even be passed on to your family or friends.)

Year 1 6%
Year 2 8%
Year 3 10%
Year 4 12%
Year 5 14%


Please enquiry for more information on the developers rental guarantee, prices and payment plans or the Marsa Alam Beach resort in general.

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€26,711  |  £22,348  |  US$35,494
(Currency and Foreign Exchange services supplied by Excel Currencies)
Ref 490511 
Town Marsa Alam 
Province Red Sea 
Country Egypt  
Type Apartment/Flat
Bathrooms
Bedrooms
Category Off plan 
Listed over 1 year ago
Looking at property as an investment? ...   Find out more >>

Property Characteristics

  • Pool:  10 on-site swimming pools available to residents
  • Views:  Stunning sea views from the majority of apartments
  • Kitchen:  Not included
  • Distance to Beach:  The resort has its own private 500m beach
  • Distance to Shops:  On-site shopping centre

Map of Marsa Alam, Muhafazat al Bahr al Ahmar, Egypt

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Price: £22,348

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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
Apartment/Flat 19,980 1 117,100 1,450,000 29,990 39,950
House/Villa 66,165 42,000 207,499 1,600,000 - 470,000
Land/Ruins 60 60 60 60 - 692,300
Studio 18,000 6,260 18,000 103,000 - 20,903
Detached 107,000 107,000 107,000 107,000 - -

* Calculations based on 30 properties for sale in Marsa Alam and 907 properties for sale in Egypt





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