Apartment / Flat For Sale Sharm El Sheikh Ad:146464

For Sale >

Egypt > Muhafazat Janub Sina` > Sharm El Sheikh

Map Street View Save

EGP£1,396,378

(GBP 21,284)

CHECK IF AVAILABLE

Apartment / Flat 1 bedroom
For Sale
Sharm El Sheikh
Egypt

Maraqia is similar in several ways to its sister development, Monna, which is located just a few hundred metres away in that it is one of the most affordable developments currently on offer in Sharm el-Sheikh due to a very low price per m2 and sensibly-sized units, which combine to keep the prices down to levels that other developments simply can`t match.

Whereas Monna is very much at the offplan stage, Maraqia is now getting very close to completion, with the first units being handed over from 31 May 2010, making Maraqia ideal for anyone who is nervous of investing in offplan developments - or anyone who doesn`t want to wait too long before starting to enjoy their new holiday home.

As is the case with Monna, Maraqia offers a full range of facilities that one would expect from a top-class tourist development. Investors in the project will appreciate the fact that, due to the low buying prices and high demand for rental properties in Sharm, rental yields in the region of 10-15% are easily achievable here. Prospects for long-term capital appreciation are also excellent due to Maraqia`s close proximity to the forthcoming CityStars world class residential and commercial private town.
Fixture and fittings:

* Three swimming pools on site, each with their own dedicated children`s section
* Communal landscaped gardens across 80% of the development
* Children`s playground
* Communal roof terraces
* Gymnasium
* Four-star hotel on site
* Shops, restaurants and supermarket on site
* Sports area including tennis and football courts
* Private beach access (at extra charge)
* Centralized satellite television and telephone links to all apartments
* Elevators to some apartments
* Housekeeping and laundry service
* Hotel management and rental options
* 24 hour security with surveillance cameras
* On-site parking
* Shuttle bus service (at extra charge)
* Wifi coverage throughout (at extra charge)
* Ten years` builders` guarantee
* Maintenance fees - one-off payment: Studio - LE10,000, One-bedroom - LE15,000, Two-bedroom - LE20,000, Three-bedroom Penthouse - LE30,000
* Ceramic floor tiles throughout
* Aluminium powder coated windows frames and balcony doors
* Rendered walls painted
* Internal doors with locks and architrave
* All electrical power points and light switches
* Sockets for telephone
* Stainless steel sinks with mixer taps in kitchen
* Plumbing for washing machine
* Ideal Standard toilet, washbasin and shower
* Ceramic wall tiles in bathrooms
* Pre-installation for airconditioning
* Electric and water meters extra
Location:

Maraqia is located just two minutes` drive away from the fast growing area of Nabq Bay with its five-star hotels, upmarket shops, bars and restaurants and beautiful beaches.

Sharm el-Sheikh International Airport is just six minutes` drive away, while the lively Naama Bay area is 15 minutes` away.

The first 18-hole golf course in Sharm is just three minutes away.

Maraqia will benefit in future from the fact that it is just three mnutes` away from the forthcoming CityStars Resort, a vast purpose-built tourist community in the style of El Gouna or Sahl Hasheesh which will incoporate the biggest shopping mall in Sharm together with two more golf courses, artificial lakes, luxurious hotels, parks and playgrounds.
Miscellaneous:

Payments for this development are payable in EGP

Apartments: 40 - 173 m2
Prices: 178.000 - 769.850 EGP (21.284 - 92.054 GBP)

CHECK IF AVAILABLE

Show Map

Get Alerts