Property Description

Marsa Alam Beach Resort

- Frontline 5 Star development

- Prices starting from €29,500

- Extensive range of facilities

- Average 10% rental guarantee option for five years

- Rental Backed by ABN Amro Bank

- Freehold ownership

- Renowned as the world's premier diving site

- Excellent capital appreciation potential

- 45 km from Marsa Alam International Airport

- 500M private beach and coral reef

The Marsa Alam Beach Resort is an exclusive, five star, 1434 unit 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 (see page 5 for full details).

Not only does the resort offer the perfect holiday destination, but it also

provides an unrivaled investment opportunity. Marsa Alam is the hotspot 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 at

approximately 60% loan to value, payment plans, an escrow account and a

developer with a strong track record in respect to high quality developments

throughout the world.

Mortgages

Developer funded mortgages are available on 81 apartments. These mortgages are non-status, developer funded mortgages.

The mortgages are over a 6 year term with an interest rate of 10%pa.

The first mortgage payment will be due 12 months after the balance payment hits escrow and will be payable yearly on this date. Rental income will be offset against the mortgage payment for the full calendar year in which the payment takes place. Therefore first mortgage payment will be due in month 12, then month 24. The rental income from month 18-30 will be credited against the mortgage payment in month 24 ie. 6 months retrospectively and 6 months in advance.

Free Rental Package for Investors!

Thinking of renting your property? We provide all our clients with a FREE rental marketing package including:

• A web site
• Business cards
• Post cards
• ... all containing just your contact & property details

All this is free to our clients! Contact us for more information.