Description
Marlion Residences apartments fully furnished with 10% guaranteed rental for 10 years, prices from £32,500 and 4 weeks use.
Located on the beaches of Hurghada, Marlion Residences is a guaranteed rental investment opportunity in Hurghada Egypt. This exclusive development consists of 900 apart-hotel units all with stunning views of the Red Sea.
Marlion will be a 5 star Apart-Hotel, a unique concept in Hurghada, offering all the benefits of a resort hotel together with the advantages of self catering facilities in apartments. Marlion is a 40,000sq meter 5 star resort with an unprecedented range of services on site including restaurants, bars, retail outlets, activity centres and recreational facilities. The development is a mixture of hotel rooms, studios, 1, 2 & 3 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. All apartments will be designed using modern materials of the highest quality.
The common areas throughout the development will feature many water features, landscaped gardens and pool areas. On the ground floor there are shops, restaurants and services. Situated between old Hurghada and the new promenade with its bars, shops and restaurants, Marlion is ideally situated to enjoy these two distinctly different areas within a 10 minute stroll. Hurghada international airport is a mere 10 minutes away and is serviced by many budget airlines from all over the world including the UK.
Purchase an apartment in this outstanding beachfront development and enjoy ownership of a stunning property that provides a guaranteed rental income of 10% pa net for 10 years.
Features
· Front line apart-hotel beach development
· Fully furnished studios, 1, 2 and 3 bed apartments
· Balconies with fabulous views of the Red Sea
· Fourth floor apartments have roof-top terrace
· Terrace / Balcony with fully fitted floor tiles, double glazed sliding windows
· Connection for central Air condition & heating system in the lounge and all bedrooms.
· Floor to ceiling fitted wardrobes
· Telephone system to central operator
· Sockets for video, TV, telephone, ISDN and high speed Internet connection
· Luxury bathroom
· A dedicated private beach incorporating a large swimming pool
· Communal gardens
· Swimming pools
· Restaurants & Bars
· Shops
· Jacuzzi & Gym
· Guaranteed rental income of 10% NET per annum for 10 years
· Freehold ownership
Price & Payment Terms
Property Type
| GBP
| EUR
| USD
| Double Hotel Room from
| 29,700
| 35,551
| 44,223
| Deluxe Hotel Room from
| 38,000
| 45,486
| 56,582
| 1 bed Suite from
| 57,000
| 68,229
| 84,873
| Studio from
| 47,500
| 56,858
| 70,728
| 1 bed Apartment from
| 76,000
| 90,972
| 113,164
| 2 bed Apartment from
| 98,800
| 118,264
| 147,113
| 3 bed Apartment from
| 116,850
| 139,869
| 173,990
|
Instalment
| Percentage
| Expected Date
| Reservation Fee
| £2,000
| On Reservation - Refundable up to 7 days
| 1st Instalment
| 30%
| After 14 days - with signed Contract
| 2nd Instalment
| 20%
| 3 months from date of Contract
| 3rd Instalment
| 10%
| 6 months prior to completion
| Final Instalment
| 40% - Minus £2,000 Reservation Fee
| On Completion
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Why Invest in Marlion?
Marlion is an attractive investment proposition to both short term & long term investors. Due to the superior plot position, Marlion resale’s will stand out in the 2nd user market and owners are able to reassign contracts at any point after the 1st deposit is paid.As a long term investment Marlion benefits from 10 years, 10% net rental return. There are no additional charges or fees to pay during the 10 years rental guarantee. After the initial 10 year period the rental contract will be reviewed, renewed and adjusted accordingly to reflect the appreciation in value. An obvious advantage to the long term investor is the capital growth over a 10 year period. Marlion provides an excellent safe investment return for investors wishing to tap into a lucrative, established tourist destination at emerging market prices. Capital growth projections are very strong and demand for accommodation continues to outstrip supply.
Register your interest today for more information regarding Marlion Residences Hurghada
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