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Hotel Project in Marsa Alam, Egypt

Marsa Alam, Egypt
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    Hotel Project in Marsa Alam, Egypt

    TBD

    Description

    For sale a Resort development project in the famous location of Marsa Alam.

    The project is up to the new buyer to either continue with the same plan or change it. If progressed with the same design, he could have a 660 villas to sell individually or rent (as a resort) beside the hotel and the businesses provided within the resort. Expected high ROI.

    A portion of the 660 villa project has been completed

    Foreign Investment has been approved for this project

    The coral reef in his are is one of the best in the red sea area which is why Marsa Became a tourist hotspot.

    2. The depth of the marina in his resort is sufficient for big and small boat to set in and is one of the reasons why the coral reef is protected from mud and many environmental factors.

    The company is registered and legally owned with no debts or financial problems.

    Detail

    Updated on January 12, 2021 at 2:21 pm

    Property ID:L#20210006
    Property Type:Construction Project
    Property Status:For Sale
    Asking Price: $86,000,000
    Gross Revenue:TBD
    EBITDA:TBD
    Country:Egypt
    City: Marsa Alam
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