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Studio Apartment For Sale - Promenade, Hurghada, Egypt

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Marlin Inn Beach Resort
 
Studios in Hurghada
Studios in Hurghada
Price: EUR 43,383
A first-line beach project, the Marlin Inn Beach Resort is located right on Hurghada's new promenade, just 300m away from the Esplanada Mall, with the popular Sindbad Aquapark just another 200m away.
All of the entertainment options of Hurghada's downtown Sekalla area, with its multitude of restaurants, bars and bustling nightlife, are just five minutes away by taxi, as is Hurghada's International Airport.
Facilities & Benefits
Private beach
Stunning sea views from most apartments
Large swimming pool
All of the hotel facilities of a modern 4-star hotel including concierge and 24 hour room service
Restaurant serving Egyptian and European food, plus the Joker's Tavern.
Kid's Club offering supervised activities for children
Wide range of activities including aerobics lessons, beach volleyball, water gymnastics, pedal boating, table tennis and billiards
On site dive centre
24 hour security
Facilities for disabled guests
All rooms delivered fully furnished to 4-star hotel standards
Guaranteed Rental Scheme offering a net return of 6% per annum for five years
Four weeks personal usage per year
No maintenance fees for those enrolling in the Guaranteed Rental Scheme
Prices

Studios 33-57 m2 from GBP 32,437 / EUR 41,383.
1 bed suites 39 57 m2 from GBP 38,905 / EUR 49,635.

For the hard-nosed conservative investor, the Marlin Inn Beach Resort offers cast iron returns on investment, with each unit offering a net Guaranteed Rental income of 6% per annum for five years, with no expenses such as maintenance fees to pay. The deal also offers four weeks per year for personal usage.

Non-cash buyers can take advantage of the fact that a five year developer backed mortgage is available for 60% of the purchase price, with interest rates set at a very reasonable 8% per annum (which means that the rental returns are going to be more than enough to pay the interest on the amounts borrowed).
Studios in Hurghada Studios in Hurghada Studios in Hurghada Studios in Hurghada Studios in Hurghada
Studios in Hurghada Studios in Hurghada Studios in Hurghada Studios in Hurghada Studios in Hurghada
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