Key selling points
Studio or 1, 2 and 3 bedroom apartments
Finished fully furnished
10% guaranteed rental income for a 5 year period
Private beachfront location
Stunning views over the Red Sea
Hurghada airport less than 5 minutes away
Excellent on-site facilities
*** 10% guaranteed rental income for a 5 year period ***
Marlion Residences is the perfect development for buyers who want it all - buyers who are looking for absolutely stunning views over the Red Sea, private beachfront access just a few metres away, but with all of the entertainment and dining opportunities that downtown Hurghada offers just a stroll or a couple of minutes by taxi away.
Location
Marlion Residences occupies one of the most desirable location in Hurghada, located close to the original Sheraton hotel on a rocky outcrop that separates the original touristic centre of Sekalla with its vibrant nightlife and multitude of dining options from the new, upmarket touristic centre that runs along the Village Road pedestrian area.
The resort is less than 5 minutes from Hurghada International Airport where direct flights to most major cities throughout Europe are available regularly. And with a flight time of under 5 hours from the UK, you could be relaxing in the year-round sunshine of Egypt within no time at all.
Despite its very central location, Marlion Residences is situated in a largely undeveloped area, offering the ideal spot for relaxation, taking in the views of Giftun Island across the blue waters of the Red Sea.
Hurghada has 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 light breezy winds coupled with the warm waters of the Red Sea offer the optimum environment for many water sports such as swimming, snorkelling, diving and sailing.
Facilities and Benefits
The facilities on offer at Rivera Beach are second to none, helping to ensure that every individual is completely satisfied whilst staying on the resort. The amenities include:-
*Stunning sea views from all apartments
*Private beach right opposite the development
*10% per annum guaranteed rental returns for five years
*All of the entertainment and dining options in Hurghada just a few minutes away by
taxi
*Two large swimming pools plus a jacuzzi on site; 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
*Rental management service available for GBP300 per annum
*20 years builders' guarantee
*Annual maintenance fee around GBP350 per annum
Finishing
The finish of each property is of the highest standard including:-
*Floors in locally made polished cream marble effect ceramic tiles in all rooms
*Locally made ceramic tiles in kitchens and bathrooms on the walls
*Ceramic skirting boards fitted throughout
*Interiors painted in cream color
*Interior plumbing in PVC, according to current regulations
*Outer carpentry in aluminum or wood surrounds
*Windows to be installed with double pane glass
*Electrical installation, including electricity socket points and light switches, cabling for interior and exterior ceiling and wall lights installed, according to current regulations
*Pre-installation for digital TV platforms
*Sockets for telephone, television and data, according to current regulations
*Electric water heater (boiler) 30 litre in each apartment
*Base kitchen units, stainless steel sink, granite work tops and locally made water
mixer taps
*Bathroom sanitary fittings in locally made white porcelain (toilets, sinks, baths,
showers) with locally made water mixer taps and extractor fans
*Interior carpentry with white lacquered wooden doors with handles in
chrome/steel/brass
*Bedrooms with fitted wardrobes floor to ceiling with shelves and hanging bar
*Main front wooden door reinforced and lacquered with security lock
*Common smoke detectors and sprinkler system in all interior rooms
*Connection for airconditioning and heating system
Payment Schedule
The developers of Marlion Residence are offering the first 50 buyers this extremely attractive payment plan:
*Reservation fee of GBP2000
*35% deposit upon contract (less the GBP2000 reservation fee)
*65% upon completion (currently scheduled for March 2010)
Price quoted is for a studio apartment.
1 bed apartments £57,500 - £64,000
2 bed apartments £77,000 - £98,000
3 Bed apartments - All Sold Out!!
Why invest in Egypt?
There is no better time than now to invest in property in Egypt, especially in the Red Sea area. Value for money, low running costs, excellent transport links from the UK, magnificent year-round climate, world's second most popular dive destination, strong rental demand and high capital growth are a few of the main factors attracting property investors to this beautiful country. Egypt's property market is set to thrive on a buoyant tourist market that has no sign of slowing down.
Egypt is of course known around the globe for its stunning architectural wonders that still stand today, and for this reason it is visited by an estimated 8.6 million tourists each year. No country on earth boasts a longer recorded history than Egypt and thanks to its unique geographical location at the crossroads of Africa, Asia and Europe it benefits from superb year round weather with temperatures rarely dropping below 25ºC in the summer months.
Last year, tourism figures were up 12% on the year before and the government has plans to spend an estimated £1.8 million on a marketing campaign to increase this number. In fact, their ambitious but realistic plans aim to bring in an annual 16 million visitors by 2014.
Tourism is a vital pillar of Egypt's economy with nearly 15% of the country's GDP stemming from this market. The World Travel and Tourism Council recently predicted that the country will experience a healthy 5.7% growth per annum for the next decade which will no doubt delight investors in this emerging market.
Egypt has long been one of the world's premier destinations and is ranked fourth in the most popular worldwide tourist destinations. 31 tourism projects have been started since 2003 at an estimated cost of some £1.7 billion. These have mainly been on the Red Sea coast and this investment enhances the infrastructure improvements in numerous sectors including airports, road networks and water. |
