Plot of land For Sale Red Sea - Marsa Alam Ad:748046

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Egypt > Al Bahr Al Ahmar > Marsa Alam

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EGP£2,393,189,974

(USD 50,000,000)

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Plot of land
For Sale
Marsa Alam
Egypt

Let us present you one of our projects
existing on the Red Sea for development
Project name: El Nabaa
Reference:
� The project lies 30 km south of
Marsa Alam International Airport. That puts
it in between the airport and Marsa Alam the
city.
� Situated directly on the sea with a
total surface of 736000 m�.
� Permission of Construction on 20%
for the footprint from the total surface.
� Footprint is the surface of the
first floor in a building on the land.
� Maximum height is 11 m. That allows
for a ground-floor, a first floor and a
second floor.

Buildable total surface is a total of
736000 * 20% (footprint) * 3 (floors) =
441600 m�.
To conclude, if the unit whether it`s a
hotel room or a studio for real estate is 50
m� then the whole project fits for 8832
units. For investment in this area it is
possible to get 50% hotel investment and 50
% for real estate.

Existing project on the land:
� A 4* Hotel with a capacity of 220 rooms
with all facilities and outlets:
 A swimming pool
 Children pool
 Jaccuzzi pool
 Heated-swimming pool
O Spa
� Private Sea Beach; one of the most
beautiful and rare sandy beaches existing in
Marsa Alam. Guests can enjoy the beach by
doing various water-sport activities:
� Swimming
� Snorkeling
� Diving
� Wind-and Kite-surfing
�A Marina

Price Required : $ 50 million
and for more information, please contact
--(Phone number)--

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