maraqia resort, egypt

Egypt

Property Description 

The new Maraqia development has a magnificent range of luxury properties set next to the beautiful Nabq Mountains in Sharm El Sheikh. Offering residents a range of well priced studios, one, two and three bedroom apartments,

the Maraqia Resort is one of Sharm El Sheikh’s most popular developments at present.  Yet not far away from the future high class 5 Star Plus Hotels and most luxurious residential area near the future entertainment and business districts with 60,000 m² artificial crystal lakes, landscaping, parks, children playgrounds, shopping malls, plans for 2 golf courses, it is perfectly positioned resort to live in or rent out. 

The project is on 40,000 m² and building area over 20% of the area and landscaping over 80%. The Value of the properties will increase dramatically in the future when the luxurious surrounding is established. At present, over 95% of the development is complete, and is being built by a credible and trusted local developer. 

 Location  

The Maraqia Resort is situated in the popular Nabq Bay area of Sharm El Sheikh, just a short drive from Naama Bay, and only 3 minutes drive from the Nabq City Centre district and its wide selection of shops and restaurants. Just 20 minutes drive from the Sharm El Sheikh International Airport, and a short distance from the beautiful beaches of the Red Sea.  

Maraqia Resort - Features and facilities 

  • 3 Swimming Pools – each with small pool for children
  • All penthouses with private roof patio
  • 2 tennis courts + football court
  • Housekeeping & laundry services
  • Central satellite dish, parking
  • Washing machine installation
  • Children playground
  • 24 hours security with surveillance cameras
  • With fees: Beach Access, Wi Fi, Gym & Shuttle Bus
  • Private garden 

Great rental potential and capital growth opportunity.

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Maraqia Resort - Payment Plan

  • 35% contracting deposit
  • 55% until 31st December 2010
  • Quarterly payment plan
  • 10% payment on handover 

Maraqia Resort – Prices (currency exchange rate; 10EGP to Sterling£)

Studios - £14,080 to £22,000 (approx.)

One bedroom apartments - £21,100 to £25,200 (approx.)

Two bedroom apartments - £31.680 to £39,111 (approx.)

Two bedroom apartments - £57,200 to £80,960 (approx.)

property details

Location: Sharm El Sheikh
Price: Prices from - studios £15,000 3 bedrooms £39,200
Bedrooms: Studio, 1, 2 & 3 bedrooms
Type: Apartments

property pictures

Egypt Egypt Egypt
Egypt Egypt Egypt

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key facts

currency: egyptian pound (le)

language: although the official language is arabic, english and french are widely used in business circles.

time zone: gmt +2 hours

capital city: cairo

climate: average summer temperature 29c

population: 67.2 million

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