Marsa Alam Beach Resort, Marsa Alam,
Price & Payment Terms
| Property Type | GBP | EUR | USD | AUD |
| 1 bed Junior Suite from | 37,458 | 45,000 | 59,216 | 55,026 |
| 1 bed Executive Suite from | 75,332 | 90,500 | 119,089 | 110,663 |
| 1 bed Presidential Suite from | 109,044 | 131,000 | 172,383 | 160,187 |
| 2 bed Apartment from | 55,771 | 67,000 | 88,165 | 81,928 |
| 2 bed End Apartment from | 74,708 | 89,750 | 118,102 | 109,746 |
Option 1
| Installment | Percentage | Expected Date |
Reservation Fee |
€1500 |
Upon reservation |
Final Instalment |
Full purchase price less reservation fee |
On signing Contract |
Option 2
| Installment | Percentage | Expected Date |
Reservation Fee |
€1,500 |
Upon reservation |
Surcharge * |
10% |
Upon signing reservation form |
1st Installment |
10% |
Upon commencement of construction |
2nd Installment |
10% |
At start of foundations |
3rd Installment |
20% |
At start of concrete structure |
4th Installment |
15% |
At start of brickwork |
5th Installment |
10% |
At start of electrics/plumbing work |
6th Installment |
15% |
At start of plasterwork |
7th Installment |
10% |
At start of finishing work |
Final Installment |
10% |
On Completion |
Reservation Fee: Please note your reservation is subject to a 'cooling off' period of 5 days. After such time the reservation fee is refundable less 50% for Developer administration charges.
Option 1: Payment in full is expected upon signing Contracts, the payment is to include the cost of the furniture pack and Escrow Agent fees. All monies are held in Escrow and released to the Developer as per the schedule for Option 2.
Option 2: *Your property (excluding furniture pack and Escrow fees) will cost you a further 10% if you wish to benefit from this deferred payment plan.
Developer Funded Mortgage: Available on selected 2 bedroom apartments. The mortgages are non-status and over a 6 year term with an interest rate of 10% per annum. The mortgage is secured against the rental income and therefore the client will need to make up any shortfall between the mortgage payable and rental income received.
Contact Details
Off Plan Planet Ltd.
United Kingdom
T. 0151 427 8448
E. info@offplanplanet.com
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