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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: $86M
Gross Revenue:TBD
EBITDA:TBD
Country:Egypt
City: Marsa Alam

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