"Property For Sale in Egypt,

Marlion Residences, Hurghada,

Overview

A Unique Beachfront Apart-hotel Investment

Opportunity In Egypt

Guaranteed Rental of 10% p.a. for 10 Years!!

Completion Date:   March 2010

Marlion Residences Hurghada is an exclusive 5-star apart-hotel development with outstanding views across the Red Sea.  Built into a stepped crescent shape into the hillside ensures every apartment faces directly out to sea.   Marlion Residences offers double and deluxe hotel rooms, 1 bed suites and  fully furnished studios and 1 & 2 bed apartments.  All the apartments have balconies, the fourth floor studios and apartments have roof-top terraces where you can relax and enjoy the stunning views of the Red Sea.   On the ground floor there are shops, restaurants and services. All apartments will be designed using modern materials of the highest quality.   Set in landscaped gardens with swimming pools, a private beach,  Marlion is surround by an air of tranquility and peace. 

A private dive boat will be available for the exclusive use of all Marlion guests,enjoy some of the best diving in the Red Sea right on your doorstep. 

With a complete furniture pack included with the studios and apartments and a guaranteed rental income of 10% for 10 years, Marlion apart-hotel units offer an excellent long-term investment opportunity.

Key Features:

• Low purchase costs with unique exit strategy in place.
• Guaranteed 10% NET rental income per annum for 10 years with a renewable contract
• Furniture packs included with the studios and 1 & 2 bed apartments
• Price increase of 10% in place for end 2008
• Excellent ‘Buy 2 Sell' option to resell before completion, with a potential uplift of 20% in first year of investment.
• Unique exit strategy in place - with 2nd stage property market just taking off in Hurghada, all investors have an opportunity to re-sell, pre-completion within a 2 year window.
• All properties are freehold
• No capital gains tax or inheritance tax.
• Prices start from £29,700
• All Marlion apartments include a 20 year structural guarantee as well as a two year minor defects guarantee

Marlion is located on the beaches of Hurghada and situated in an enviable position in a quiet and scenic area yet is close to all the bars, shops and restaurants of Hurghada  and just 15 minutes walking distance from Downtown (El Dahar) which is the old part of Hurghada. There is also easy access to the surrounding areas, particularly El Gouna, whilst Sahl Hasheesh is only a short distance away.