International Property Mole

International Property Mole
House / Home - For Sale - Hurghada, Al Bahr al Ahmar, Egypt
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  From £54,696
   
Samra Bay  
Hurghada, Al Bahr al Ahmar, Egypt

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

About us
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Exchange rates 1 EGP = 0.18346 $ 1 EGP = 0.11193 £ 1 EGP = 0.12305 €
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