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El Nabba Resort, Marsa Alam

Located in eastern Egypt and on the west coast of the Red Sea, Marsa Alam is one of the fastest growing holiday destinations on the Red Sea Riviera. 250 km from Hurghada 220 km from Sahl Hasheesh, 700 km from Cairo.

Although until recent times a small fishing village, the introduction in 2001 and the recent development of the International Airport has seen Marsa Alam’s which is just 30 minutes drive from this resort, has ensured that Marsa Alam is the hottest new destination in Egypt - and we don’t mean just the weather.

Marsa Alam has a true tropical feeling, with its mangroves and palm trees, and its long beach’s with fringing and barrier coral reefs. The awesome Wadi el Gemal National Park is on the outskirts of Marsa Alam , and with 100km of pure Red Sea beach bliss and desert landscape backdrop this area is fantastic to holiday, whether just laying on the beach, diving, or kite surfing!

Beach for Hotel and Nabaa Bay Resort

El Nabaa Bay Resort consists of 7 phases:
Phase 1. Hotel Equinox & Dolphin Diving Centre (operating)
Phase 2. Real Estate El Nabaa Bay resort, Bay View Heights
Phase 3. Real Estate
Phase 4. Five Star Hotel
Phase 5. Five star Hotel
Phase 6. Real Estate
Phase 7. City Centre

Hotel Equinox which is phase 1 and is in front of the El Nabaa Bay resort

The hotel is very close to the most attractive diving spot (Elphistone)
A sandy Beach of 800m long
A very beautiful house reef for snorkeling and diving full of marine life including turtles, and sea cows
Constant north wind, with protected bay ensures the wind is perfect for kite surfing
A beautiful desert backdrop full of colourful mountains and valleys
The only Marina situated between Port Ghalib and Marsa Alam
Five star hotel (already operating)
230 room & suites
Swimming pools
Restaurants
Shopping Mall
Spa
Diving Centre, Sailing Centre
Marina
Volley Beach
Sandy Beach Protected
Business Centre and Conference Room
Parking
Car Rental
Excursions, horses Riding

Hotel Equinox which is phase 1and is in front of the El Nabaa Bay resort

Phase 2 El Nabaa Bay resort Bay View Heights

Zone A: is Villas 1-6 and Buildings from 1-6 (see layout map)
Location: 250m from the sea, on a 3 level hill, with stunning sea view for all units
1 bed apartments (Hotel rooms) with possibility of two bed and three bedroom apartments
Swimming pool for adult and children.
Kids play ground

Villa

11 Villas 160 m² over 2 levels and land plot 400 m2
Apartment buildings design, with 1 bed apartments (hotel rooms) there are three different layouts, A,B and C

Apartment design A= Gross 47.98, Nett 41.25 m²

Bedroom 19.20m
Bathroom 6.75m
Kitchenette 7.35m
Terrace 7.95m

Apartment design B= Gross 49.26 Nett 42.35 m²

1Bedroom 21.65m
Bathroom 6.70m
Kitchenette 6.50m
Terrace 7.50m

Apartment design C= Gross 52.75 Nett 45.35 m²

Bedroom 24.70m
Bathroom 6.90m
Kitchenette 5.75m
Terrace 8.00m

Payment terms

5% discount on 100% Cash payment in advance
or
Contracting Deposit 30%
60% over 48 months (quarterly payment) INTEREST FREE
10% handover payment

Delivery: 24 months from contract starting October 2012

Maintenance: Lump sum payment on delivery of 6% of the property price with an increase of 15% from the mentioned fees every 3 years.

Special discounts for investors

5% for 2 units
7.5% for 3 units
10% for 6 units

Furniture packs available (optional) which includes full furniture, air condition Extra Expenses; Electric and water meter extra (3000 EGP) Approx £2,700

Facilities:facts

Use of Equinox hotel under classification as a five stars hotel (operating)
A marina for 20 yachts and small boats
Shopping areas

Surfing & Kayak centre

Quad center

Bedouin tents

Safari club centre.

Restaurants, bars & nightclub

Medical Clinic

Swimming pool / Children Pool / Jacuzzi

Kids Ground / Outdoor Chess Board

Animation Team

Other information:

Infrastructure for the total project includes
Water desalination plant
Sewage treatment plant
Electricity Station
Telephone network
Satellite network
Extensive landscape areas with only 20% of the site being built on
25% discount on all hotel facilities and restaurants
Airport shuttle bus available

Prices:

Unit A 47.98m2 US$43,618 Approx £27,400
Unit B 49.26m2 US$44,782 Approx £28,165
Unit C 52.75m2 US$47,955 Approx £30,160
Villa 3 bedroom 160 m2 Land plot 400m2 US$ 162,910 Approx £102,460

2 and bed apartments can be made up of buying more than one unit.

Guarantee rental 7.5% per annum (optional) renewable every 3 years as the apartments will be used as hotel rooms.

Top 10 Reasons To Invest In El Nabaa resort, Marsa Alam

Secured high return on investment Egypt has no credit crunch due to the fact that there are no mortgages or credit cards, return on investment opportunities are secured and recorded high average 15% per annum.
The Cost Of Living Is low and exchange rates to the Egyptian pound are high for foreign currencies.
High Profile Resorts The Red Sea is one of the best places in the world for diving and is one of the world’s most popular tourist destination, recently many golf courses are under construction to attract golfers.
Climate 100% guaranteed sun shine all year round and the weather is hot and dry.
Rentable Guaranteed rental yields 7.5% per annum at this resort
Development & Tourism Marsa Alam has its own International airport and accessible with direct flights from most Europe approx 3.5 hours and approx 5 hours from London.
Great Deals & Affordable Holiday Homes Properties starting from approx US$43,618 (Approx £27,430*) * Exchange rate fluctuates used £1 -US$1.59
Attraction Full of contrast where ancient and modern life exist side by side and tourism is growing from 3 million per year in 2003 and reached record high of 11 million in 2009
Tax Friendly No capital gain tax or inheritance tax. 0% tax on bank interest.
Sellable And should remain an excellent investment opportunity in the longer term, as the area is relatively unknown .

Please contact us for further details.

Egyptian property and tour specialists

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El Nabba Resort, Marsa Alam