Ref: HS1196693

Marlion Beach Residences, Hurghada, Egypt

GBP £94,000

  • Apartment (Off Plan)
  • 2 Bedrooms
  • 1 Bathrooms
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About the Apartment

  • Property: Apartment (Off Plan)
  • Bedrooms: 2
  • Bathrooms: 1
  • Receptions: N/A

FOR TODAY'S INTELLIGENT INVESTOR, AN EXCLUSIVE BEACH FRONT - 10% RENTAL RETURN FOR 10 YEARS, RENEWABLE

Features

Marlion is a stunning building of 4 floors featuring a range of different size apartments, from practical hotel rooms, right up to sprawling 3 bedroom apartments - all with uninterruped views of the Red Sea. All units will be designed with the most up to date materials of the highest quality.

A full range of on site facilities are provided for residents and guests, such as pools and water features, stunning Mediterranean themed gardens, shops, restaurants, bars, fully equipped gymnasium, jacuzzi and much more. Marlion Beach also has its very own private beach with beach bar.

Each residence offers selective clientele a framework for optimum comfort and a lifestyle beyond compare.

Apartments come FULLY FURNISHED and with excellent rental of 10% per annum for 10 years (renewable). These apartments also offer a potential capital uplift of between 40% to 60% before completion.

The construction work on Marlion commences in the Autumn of 2008 with an expected completion in March 2010. Building licenses have already been granted from the municipal authorities and are available for inspection if required.

All Marlion apartments include a 20 year structural guarantee as well as a two year minor defects guarantee

Location:
Located in Hurghada, Marlion is situated in an enviable position in a quiet and scenic area with outstanding views and just 15 minutes drive from Downtown (El Dahar) which is the old part of Hurghada. There is also easy access to the surrounding area, particularly El Gouna. The exclusive Sharm el-Sheikh and Sahl Hasheesh resorts are only a short distance away.

Investment Features:

· Competitively priced at 20% below similar property in the area
· Superb financial investment rather than just a ‘holiday home’
· Legitimate ongoing 10% revenue stream
· Excellent capital growth
· Strong financial product ideal for re-sale
. Freehold status

Payment Terms:

£2000 reservation fee:
35% on signature of contract within 4 weeks from reservation
15% after 6 months
50% on completion.

Up to 65% finance available on completion (subject to status)

Guaranteed rental at 10% return per annum for TEN years, renewable

Hotel Rooms from £29,700
One bedroom apartments from £47,500
Two bedroom apartments from £77,000

Onsite Services / Facilties

Plot Size: N/A

Main Facilities

Suitable For ChildrenSuitable For ElderlyDisabled AccessSwimming Pool

Swimming Pools
Restaurant /Bar
Jacuzzi
Gymnasium
Shops
Sea Views
Professional Serviced Reception and elegant Lobby
Rental Management Office

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Location

Beach

Activities

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