Agents   >   Egypt Flag  Egypt   >  Al Bahr Al Ahmar  >  Marsa Alam
  • EGP£52,791,132
  • (GBP 2,500,000)
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  • 2 bedrooms
  • Plot of land  2 bedrooms
  • Agent
  • Marsa Alam
  • egypt Flag Egypt
Egyptian Property Development

Development opportunity in the emerging market of Marsa Alam, Egypt. Beach front land with planning permission to build 140 apartments and commercial area. Located only 70KMS from Marsa Alam International airport and only 4 KMS to the city centre.

We are looking for an investor to either buy the site outright and develop using recommended contractors, or to buy the 140 units at a discounted rate with a view to selling them on during construction.

The total project`s area is 34,513sqm, where construction ratio is 20% of the project`s total area (6900sqm for each floor) and 6 meters (two floors) high from land level. The land is naturally divided into 6 different levels; where it varies from 3 meters and 16 meters above sea level

The compound consists of 140 apartments divided into 7 clusters, each building consists of 2 floors, ground floor units are delivered with a private garden and the top units have access to the roof .

All apartments consist of 94sqm. Divided into reception, two bedrooms, two bathrooms and an open kitchen and will be delivered completely finished.

Project`s Facilities:
Commercial area, Parking, swimming pools, Private beach (150 meters long), Play Ground, Spa, Floating marina and diving center.
Egyptian Property Development    Development opportunity in the emerging market of Marsa Alam, Egypt. Beach front land with planning permission to build 140 apartments and commercial area. Located only 70KMS from Marsa Alam International airport and only 4 KMS to the city centre.    We are looking for an inve...
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regional map marsa alam
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