Inspection Trips Now Only £99! Marsa Alam Beach Resort Prices starting from just €29,500

Frontline 5 Star development Prices starting from €29,500 Extensive range of facilities
Average 10% rental guarantee option for five years
Rental Backed by ABN Amro Bank Freehold ownership
Renowned as the world's premier diving site
Excellent capital appreciation potential 45 km from Marsa Alam International Airport
500M private beach and coral reef


Following the success of Zafarana Beach Resort, property investors have been eagerly awaiting the follow up development, Marsa Alam Beach Resort. With pre-release prices starting from €29,500 until release (expected end of February / start of March) and a guarenteed rental over 5 years at an average of 10% this is an investment opportunity not to be missed.

With record levels of tourism Egypt is ripe for investment

Property in Egypt is one of the newest and still relatively undiscovered emerging
markets for property investors who want to buy quality property with a high return
from rental, great capital growth: all at a low price. Investing in property in Egypt,
whether for pure property investment or as a holiday property in Egypt. Here's why:

With record high levels of tourism, now is the best time to purchase property in Egypt.
Our property for sale in Egypt are all freehold.
Egypt has an excellent weather for the whole year.
One of the worlds premier diving resorts
Egypt property prices are cheap and rental returns are high as it is an emerging property market
The government in Egypt is committed to raising foreign investment in the property market and growth in tourism
The beaches near your property in Egypt are beautiful: ideal for diving
For many property investors is it a clear argument in favour of investing in property in Egypt.

Current Opportunities: Egypt property:

Marsa Alam property - property for sale in Masra Alam, Egypt

Marsa Alam is a great area to invest in property as there are only a few hotels and therefore you have the greatest chance for capital growth in your Egypt property. Invest in Egypt property and enjoy the fantastic diving and kite surfing. Marsa Alam also has an International airport.

With record levels of tourism in Egypt, Egypt is ripe for investment.

Mortgages
Developer funded mortgages are available on 81 apartments. These mortgages are non-status, developer funded mortgages.

The mortgages are over a 6 year term with an interest rate of 10%pa.

The first mortgage payment will be due 12 months after the balance payment hits escrow and will be payable yearly on this date. Rental income will be offset against the mortgage payment for the full calendar year in which the payment takes place. Therefore first mortgage payment will be due in month 12, then month 24. The rental income from month 18-30 will be credited against the mortgage payment in month 24 ie. 6 months retrospectively and 6 months in advance.
Stage Payments
Stage payments are available on all apartments. The charge for using the stage payment option is 10% of the purchase price excluding furniture and escrow costs. The payment will be broken down as follows:

€1500 deposit
25% at reservation
25% start of construction, estimated June/July 2008.
25% start of close of build & plastering, estimated March/April 2009.
15% start of finishing of the building (tiling, painting etc), estimated June/July 2009.
10% upon delivery (minus €1500 deposit), estimated December 2009.
Estimated dates intended as a guide only. Payments will vary depending on individual apartment.