Powered by:  

Want to sell your overseas property?
Want to advertise your holiday home to rent to 40 million possible renters.
Contact us on info@myoverseasproperty.ie


Property for sale information

 
Marsa Alam Beach Resort  
Reference nr: LH270959
Description:

Investment Opportunity Frontline 5-Star Development - 10% Average Rental Guarantee for Five Years!!!

Guaranteed Developer Funded Mortgages Available On Selected Apartments

Completion Date : Phase 1 - December 2009 Phase 2 - December 2010

The Marsa Alam Beach Resort is an exclusive 5-star development, located frontline, on the sun-drenched Red Sea Riviera; it has its own private 500m beach and house reef. Marsa Alam is widely regarded as the world’s premier diving destination, the resort takes full advantage of its enviable location with two private jetties, an on-site diving school, a water sports shop as well as a full range of facilities

The 1,434 unit development offers various investment options to cater to all budgets including Junior suites, Executive suites, Presidential suites and two bed apartments.

Furniture packs are available for all apartments as an optional extra. Whilst the acquisition of the furniture pack is not compulsory should you wish your apartment to be included in either the rental guarantee or the rental pool, then the pack must be taken at the time of purchase. All items are guaranteed during the time they are in the rental system.

Not only does the resort offer the perfect holiday destination, but it also provides an unrivalled investment opportunity. Marsa Alam is the hot-spot of the Red Sea and this resort encompasses low entry levels, high rental yields, a bank backed 5 year 10% average rental guarantee, developer funded mortgages, payment plans, an Escrow account and a Developer with a strong track record in respect to high quality developments throughout the world.

Key Features:
Frontline 5 Star development
On site facilities, including pools, restaurants health club & dive school
Extensive green areas with only 18% of the site being built on
Average 10% rental guarantee option for five years
All apartments with private outdoor space & air-conditioning
Freehold ownership
Renowned as the world’s premier diving site
Excellent capital appreciation
45 km from Marsa Alam International Airport
500m Private beach and coral reef


Features:
Stunning, high-spec apartments all with individual outdoor space and a selection wit prime beach- front location
Air-conditioning
9 Swimming pools, both salt & freshwater
Marina
2 Private Jetties
Scuba diving school
Water sports diving shop
500m Private beach
House Coral reef
Restaurants, bars and a nightclub
24 hour concierge, reception and room services
Amphitheatre
Botanical gardens with brooks & fountains
Cinema
Children's playground
In-house serviced laundry
Proposed off-road motor sport centre
Tour services for water and desert activities
Shops and supermarkets
Shopping Mall
Spa, Wellness, Thalasso & beauty centres
4 Tennis courts
2 Basketball courts
Medical and Dental services
24hr in-house security services with manned gate
Shuttle service and limo service
Travel & excursion services
LAN Internet connection in all apartments
Wireless Internet in Suite section

Bedrooms: Bathrooms: Price (€):
1 1 29,500
2 1 39,500
2 1 43,945
Features:
Beach
Spa
Submission Date:
04-09-2008
Last Update:
11-10-2008
Advertiser Details:


Name:
Laurie Hain

Company:
Off Plan Planet

Phone:
01517079335
Fax:
0870 141 2468
Mobile:
+44 0 7710 515144

 
Property Photo Gallery

 

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo

property photo
 
Calculators

 
Property price: €29,500
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations