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Home » Property For Sale » Egypt » Al Bahr Al Ahmar » Marsa Al Alam » 1, 2 Bed Apartments
Apartment
Price : €33,500 to €88,250
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Min Rental Return: 10%
Max rental return: 10%
Delivery date: 2009/2010
After the roaring success of Zafrana we are delighted to launch the new development - marsa Alam. Developement featuring 1 bedroom, 2 bedroom (2bath) and penthouse apartments beachfront. offering bank indemnified rental guarantee and 6 weeks personal use
Stunning, high-spec apartments, all with individual outdoor space and some with a prime beach-front location Salt and fresh water swimming pools
A full range of on-site facilities which will include : a marina private beach and coral reef scuba diving school and water sports diving shop restaurants nightclub 24 hour concierge reception and room services amphitheatre in-house serviced laundry botanic gardens proposed off-road motor sport centre (20 km North of the resort) tour services for water and desert activities shops and supermarkets wellness centre / fitness centre tennis courts mini golf medical and dental surgeries 24hr in-house security services shuttle service limo service LAN internet connection in all rooms wireless internet connection in the Hotel
The hotel apartments will be managed by a reputable management company to EU standards The developer has an extremely strong track record with respect to successful projects worldwide The development is being built to international standards; each stage of construction will be monitored to ensure strict compliance The development comes with a five year structural guarantee
Due Dillegence
A full due diligence has been conducted on the developer, development and management group by a UK based lawyer Contracts have been written by UK based lawyers and are governed under European, not Egyptian, law T
here are no restrictions on direct foreign ownership for this development Unlike other areas of the Red Sea Coast the Zafarana beach resort is freehold ownership The Title Deeds will be legalised by the Royal Netherlands Embassy in Cairo There is no restriction on when you can resell your apartment
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