51% partnership in a huge Red Sea touristic haven (Egypt, Al Bahr al Ahmar, Marsa Alam)

For 28 Million Euros, you get a 51% partnership in an incredible tourist project on a Red Sea beach haven.
The project is 163000 meters, will include 540 rooms, 60 Villas, 60 Chalets, a Mall, a major restaurant and two other restaurants.
It will also include a lake design pool, 3 regular pools, a diving center, and a 5-star yacht marina.
The location is 130 kilometres south of Marsa Alam, but only 30 kilometres from the new Marsa Alam Airport.
The developer is a stock company registered with 11475 shares in the Egyptian stock marker.

Note: Construction already started!

Site

Property ID: 75557

For:: Sale

Type:: For construction

Habitable:: Yes

Size of land:: 163000 m²

Presently:: In construction
Structure:: Brick, Stone, Concrete.

Extras:: With construction started, With (or near) lake, With well, With road front, Accessible by car.

Egypt

Al Bahr al Ahmar

Address:: Wadi Al Gemal, south of Marsa Alam, Red Sea, Egypt
Marsa Alam

Close to:: Shopping area, Leisure centre, Touristic area, Mountain, Beach, Natural park, Lake.

Setting:: Beach.

Contact me about this property for sale

Kassabpro
Mohammad Kassab
Phone: +201112226377

see all properties for sale from Mohammad Kassab

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51% partnership in a huge Red Sea touristic haven

€ 28,000,000

51% partnership in a huge Red Sea touristic haven

Site

Property ID: 75557

Egypt

Al Bahr al Ahmar

Contact me about this property for sale

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