Marsa Alam Beach Resort Egypt

New Egypt Investment Property ideal for overseas buyers

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Situated on the Red Sea, the new IPI resort lies only 45km south of the Marsa Alam International Airport and 20km north of Marsa Alam. IPI are developing 1500 one and two bedroom apartments set in a beautiful gated five star resort. 

The plot covers 250,000m2 of prime beach front land and another 52,000m2 on the other side of the road destined for the construction of boutiques, restaurants and staff accommodation.

 

* Frontline 5 Star development
* Prices starting from €29,500 *
* Extensive range of facilities *
* Average 10% rental guarantee available for five years *
* Freehold ownership *
* Renowned as the world’s premier diving site *
* Excellent capital appreciation *
* Only 45 km from Marsa Alam International Airport *
* Private beach and coral reef *

Secure with refundable €1,500

One Bedroom Apartment from

Price €29,500

 

 

Garden Apartments priced from €49,950 (pre-launch price).  These beautifully designed apartments offer an 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area; an average of 16m2 terrace space and 60m2 garden.

Middle Apartments priced from €39,950 (pre-launch price). These beautifully designed apartments on the first floor offer an 80m2 internal space, consisting of two bedrooms, one bathroom, a kitchen and an open-plan living area and an average of 16m2 balcony.

Penthouse Apartments priced from €59,950 (pre-launch price). These beautifully designed apartments on the second floor offer an 100m2 internal space, consisting of two bedrooms, one bathroom, a kitchen, an open-plan living area, a rooftop second reception room/3rd bedroom, an average of 16m2 balcony and a 60m2 rooftop terrace.

At the pre-launch stage a full list of facilities is yet to be provided however this resort will be largely based on IPI’s recently sold out Zafarana Beach Resort.

 

Rental Guarantee at Marsa Alam Resort

 

Ground Floor Garden Apartment Price €49,950 Rental Guarantee:  Year 1 : 6% €2,997  Year 2 : 8% €3,996  Year 3 : 10% €4,995  Year 4 : 12% €5,994  Year 5 : 14% €6,993	Middle Floor Apartment  Price €39,950 Rental Guarantee:  Year 1 : 6% €2,397  Year 2 : 8% €3,196  Year 3 : 10% €3,995  Year 4 : 12% €4,794  Year 5 : 14% €5,593
Penthouse Apartment Price €59,950 Rental Guarantee:  Year 1 : 6% €3,597  Year 2 : 8% €4,796  Year 3 : 10% €5,995  Year 4 : 12% €7,194  Year 5 : 14% €8,393	One Bedroom Apartment Price €29,500 Rental Guarantee: Not Applicable    Ground Floor Garden Apartment Price €49,950 Rental Guarantee:

  

 

Marsa Alam A Great Location

 

Marsa Alam is located in the south of the Egyptian Riviera on the Red Sea approximately 300km south of Hurghada. The popularity of the region as a diving destination led to the construction of the Marsa Alam International Airport 65km north of the town itself. Construction is currently underway on an extension to this terminal in order to handle the increased tourist inflow into the now easily accessible area. With direct flights from London and many other European destinations now available, the area is seeing an explosion in tourism growth and development to cater for these tourists.

 

Legal  

• A full due diligence has been conducted on the developer, development and management group by a UK based lawyer
• Contracts will be written by UK based lawyers and are governed under European, not Egyptian, law

• There are no restrictions on direct foreign ownership for this development

• Unlike other areas of the Red Sea Coast this 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.

 

Make An Enquiry

 

About Diving at Marsa Alam Egypt

Dive Site: Sha'ab Marsa Alam

Location: Marsa Alam

Description: Offshore reef / wreck

Depth: Average 20 - 30 metres (65 - 100 feet)

Visibility: 25 metres + (80 feet)

Rating: ****

Nice diving area for beginners and experienced divers alike. Has a swim through, a German dive boat wreck and a pod of spinner dolphins every now and again.

Ian Higgins, Dive Guide / PADI Assistant Instructor

More Diving reviews

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