Studio apartment Marlion Residence Hurghada, Egypt
Asking price of GBP £32,500
Ref: Marlion Residence
0 Bedroom(s), 1 Bathroom(s) |
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Marlion Residence is a stunning building of 4 floors with 256 apartments. With some of the ground floor units being taken up by shops, restaurants and services, all apartments will be designed with modern material of the highest quality.
At first glance, this extraordinary building from the air looks very much like any other development. However, the side elevation tells a different story. With all apartments having, breath taking views across the crystal clear waters of the Red Sea, each residence offers selective clientele a framework for optimum comfort and a lifestyle of the highest standard.
Located in Hurghada, Marlion Residence is situated in an enviable position in a quite and scenic area with outstanding views and just 15 minutes drive from Downtown (El Dahar) which is the old part of Hurghada. There is also easy access to the surrounding area, particularly El Gouna. Also Sharm el-Sheikh and Shal Hasheesh are only a small distance away.
With complete furniture package available to each purchaser (at additional cost) and rental guarantees of 10% p.a. for 5 years, these apartments also offer a potential capital uplift of 40% to 60% before completion.
The construction work on Marlion Residence will commence in March 2008 with an expected completion in March 2010. Building licenses have already been granted from the municipal authorities and are available for inspection if required.
All apartments in Marlion Residence include a 20 year structural guarantee as well as a two year minor defects guarantee.
Completion date: March 2010
KEY SELLING POINTS
15 minutes walking distance to Hurghada town
10 minutes from Hurghada International airport
Front line beach development
Freehold investment
Prices are discounted by approx 15% to the current market
Guaranteed rental of 10% p.a. for 5 years on all units
Unique resale opportunity in place - commencing end of 2008
Up to 65% finance available upon completion (STS)
COMPLEX FEATURES
Two large swimming pools
Restaurant and bar
Shops
Jacuzzi and gym
Balconies set amongst communal gardens
All penthouse apartments will have individual rooftop terraces
20 year building guarantee on all apartments
BUILDING SPECIFICATIONS:
Connection for central Air condition and heating system
Floor to ceiling fitted wardrobes
All electric sockets and electric fittings for lighting
Telephone system to central operator including
Sockets for video, TV, telephone, ISDN and high speed Internet connection
Luxury bathroom with white ceramic tiles to walls and floor, contemporary satin finish tap ware, thermostatic showers, integrated cabinet with mirrored doors
Sprinkler system
Fire alarm system
Front door with security fittings
Terrace / Balcony with fully fitted floor tiles, double glazed sliding windows
More property photographs
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