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Ideal Egyptian holiday home or investment property. Marlion Residences offers a 10% rental guarantee for 10 years.
Location in Egypt
Marlion Residences occupies one of the most desirable locations in Hurghada, situated metres away from its own private beach but still within easy reach of all the facilities Hurghada centre offers. Just a few steps from your apartment are the crystal shores of the Red Sea coast, with its white sandy beaches and opportunities to sample the plentiful watersports on offer. Hurghada has also been dubbed one of the Seven Underwater Wonders of the World and it is here that you can experience kilometres of beautiful coral reefs that are home to an abundance of spectacularly coloured sea life.
The resort is also just 5 minutes away from Hurghada centre and Hurghada International airport where direct flights to most major cities throughout Europe are available regularly.
Even with its central location, Marlion Residences is situated in a largely undeveloped area and maintains an idyllic and calm setting, offering the ideal spot for relaxation.
Development Features
Marlion Residences has been designed specifically as an apart-hotel which ensures that all the needs of its residents are catered for. The resort benefits from superb facilities including:
* Sea views
* Private Dive Boat for guests/owners
* Private beach right opposite the development
* Two large swimming pools plus a jacuzzi on site with another
swimming pool on the beach
* Landscaped tropical gardens
* Fully equipped gymnasium
* Restaurant and bar
* Shops on the ground floor
* Centralized satellite television
* High speed internet to all apartments
* Public reception area
* 24 hour security
Reasons to Buy:
With an average projected growth of anywhere between 10 - 20% per annum for the area, early investors can really capitalise on this unique investment opportunity.
Guaranteed rental of 10% p.a. NET for 10 years on all units.
Full furniture packs included with each apartment.
Low purchase costs with unique exit strategy in place.
Up to 65% finance available upon completion.
No capital gains tax and no inheritance tax.
Prices start from £36,000.
Prices:
Studio £36.000
1 Bed £57.500
2 bed £77.000
Marlion Residences property prices range from as little as £36,000 for a luxury studio up to £77,000 for a spacious two bedroom apartment.
* Reservation fee of £2000
* 35% deposit upon contract (less the £2000 reservation fee)
* 65% upon completion
Completion is due in March 2010
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