Opportunity Description
"SAMRA BAY" Marina & Spa Resort an attractive investment option with unique features in Hurghada.
Samra Bay Marina and Spa Resort has all of the requirements to qualify as Hurghada’s flag ship development. Occupying Hurghada’s prime location not only city centre beach front but on the high class Village Road surrounded on all sides by top international hotels including the Hilton, Grand Plaza, Steigenberger and the Intercontinental. It cannot be compared to the developments that offer low entry-level units in poor locations. There is rich vibrant nightlife and amenities attracting the high-end tourist market directly outside the front door. Comparables to Samra Bay are difficult to make as only the 5* hotels mentioned previously offer the same level of benefits.
Add to this 1 km of private city centre beach, 60 berth marina and beach front bungalows and even the hotels are limited in comparison.
Investor opportunities of this nature on the Red Sea Coast do not come along very often hence why demand from both the local Egyptian market and the Eastern European markets has been so high. They understand why Samra Bay is Hurgahada’s flagship development and realize that it offers the investor excellent potential for high capital growth and a strong rental and resale market to sustain and make liquid their investment.
The latest release of Samra Bay in a boutique hotel within the development named Malaki Club and it offers a truly unique investment. All apartments within Malaki Club have been specifically packaged for investors, see below as to why the shrewd money is now being invested in Samra Bay:
6% NET rental return for 8 years (inflation accounted for) 1st 2 years rental return fully guaranteed by CIB Bank of Egypt 8 year rental contract with hotel management company Fully furnished apartments to luxury hotel standard 3 weeks personal usage per year All maintenance charges included Flexible payment terms All apartments can be purchased in Euros, Dollars or Sterling Reputable developer with excellent track record for 5* resorts in the local area finished to European build quality available for clients to view before purchase
SAMRA BAY" Marina & Spa Resort
"SAMRA BAY" - Marina & Spa Resort is the new "hot spot" at the Red Sea, developed along the "Golden Mile" of Hurghada, the extensive pedestrian promenade "Village Road", located in the direct vicinity of the best hotels in the city.
Designed around its own lagoon with a beach front of more than 1 km, "SAMRA BAY" will represent a top class refuge with an estimated size of 120,000 sqm to satisfy even the highest of demands.
- Marina / club
- Spa & beauty club
- Sport & fitness club
- Diving centre
- Aquatic sports centre
- Entertainment centre
- Beach bars and restaurants
- Beach sports area
- Beach bungalows
- Supervised children's corner
- Barbeque area
- Various pool areas
- Restaurants (Italian, Asian, Intern., fish specialties, etc.)
- Shopping area
- Supermarket, cafe, shops
- Medical care on site
- 24h security
"SAMRA BAY" Marina & Spa Resort features various building complexes developed directly along the shores of the Red Sea where optionally fully furnished luxurious studios as well as 1 and 2 bedroom apartments will be offered for sale to investors.
In addition to ambitious architecture, the conceptual design features intelligent room layouts as well as ample spacing. The project is scheduled to be completed by the end of 2011.
Based on the prospering influx of foreign investors, realty prices in the Red Sea region continue to develop dynamically. Units in premium locations are consistently in demand at European conditions. Therefore, it is expected that "SAMRA BAY" Marina & Spa Resort will continue to maintain its extraordinary growth potential.
Properties Available in this development
Stuudio apartment details
Guide price
£48,000 / €54,491
Rooms
Studio 1 Bathrooms
Size
48.00m2 total
1 Bedroom Apartment Egypt Details
Guide price
£57,950 / €65,786
Rooms
1 Bedrooms 1 Bathrooms
Size
73.00m2 total
2 Bedroom Apartment Egypt Details
Guide price
£110,247 / €125,155
Rooms
2 Bedrooms 1 Bathrooms
Size
111.00m2 total
Payment Plan
40% upon signature 20% after 1 year 40% after delivery
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