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Anthony Fernandes

Anthony Fernandes founded
SPC - smart property consulting
and is a renowned industry
expert on property in NE Brazil.
He leads a team of property
professionals and is referenced in:
The Move Channel The Mail Overseas Property Professional

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Marlion Residence

New-development, Off Plan Investments

Studio

Hurghada, Hurgada, Egypt

Price:

Bedrooms:

Bathrooms:

Unit size:

Ref:

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Description

This exclusive aparthotel development consists of 272 apartments all with stunning views of the Red Sea, and
completes in March 2010.
Marlion is located on the beaches of Hurghada; an area which is very much in the early stages of the property investment revolution. It is an area which is expected to produce prolonged growth.
Situated 15 minutes walking distance from Downtown (El Dahar) which is the oldpart of Hurghada Aquite location between Hurghada Town and the new tourist sector.

Location

Once a remote sleepy fishing and oil extraction village, Hurghada has become during the past years one of the most vibrant, lively and busy beachside resort towns of the Red Sea Riviera. Merging the old with the new, Hurghada boasts some of the finest hotel chains in Sekala and the tourist district south of it, and the sights, smells and sounds of El-Dahar, a lively hub of everyday Egyptian life, making it one of the Red Sea Riviera destinations with the strongest local flavour. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, but, above all, snorkeling and diving.

Investor View

A unique beachfront apart-hotel investment opportunity in Egypt which gives you 10 years rental guarantee at net 10% p.a.

Investment return projection

Even in today s market, many experts envisaged an average of 15 20% increase in property values pa

Property features / Development facilities

Payment terms / Estimated completion

-£2,000 reservation fee
-35% on exchange of contract
-65% finance available on completion

(the above plan is only available until end september and is subject to change after that date. Ask us for details}
Estimated completion: March 2010
Bank guarantee / construction guarantee:
Building license:

Total units & property prices

Number of Units: 272

0 bedroom Studio: 37,600€ - 49,400€
1 bedroom Apartment: 60,200€ - 63,300€
2 bedroom Apartment: 97,790€ - 107,950€
2 bedroom Deluxe Apartment: 114,300€ - 124,460€

Not found what you're looking for? Try searching for Off plan investments

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10th September 2010