Premium Real Estate Development Opportunity

Marsa Alam, Egypt
Asking Price: $86,000,000
Land / Lot Details
Listed on Jan 20, 2023

Broker represents an opportunity for investors to acquire a luxury resort that includes rentals/residential villas and a five-star hotel project situated in Egypt’s premier coastal resort.

The tourism infrastructure and transportation around the resort are well-established, with Marsa Alam’s International Airport, it is an important destination for leisure flights from Europe with more than 24 airlines and several alliances on its route providing excellent access to Egypt with more than two million passengers passing through it yearly.


Investment Summary
● The company is listed on the Egyptian Stock Exchange.
● Total Gross area is 430,000 Square meters.
● The resort includes a tourist village of 660 villas and a hotel commanding a waterside prime location.
● The only marina licensed project in the area.
● The waterfront is 450 meters long and the depth is about one kilometer.
● The project commenced construction. Moreover, a portion of the project has been completed and the rest is proceeding as shown in the pictures.
● Key elite local officials and contacts supporting the project and the easement of foreign investors.
● A distinctive destination for lovers of diving and watching the coral reefs for which the region is famous in general and the picturesque environment and nature of the Red Sea with its varied and unique coral reefs.

The implementation plan is presented in the company's office in Cairo. The drawn plan provides for the establishment of a distinct tourism project with a sea front exceeding 460 meters in length on the open sea in the length of the land, which is approximately 1,000 linear meters with an area of 430,000 square meters.

The project also received approval to build a marina and a marina for yachts and visiting boats coming from Europe, Eastern Europe and Russia and other countries whose tourists like cruises such as VIPs, businesspeople and wealthy families from around the world.

We represent the owner directly.

The project is around 80% complete.

The further documents are required to advance:-
NDA - once signed, we can provide additional information.
LOI (incl questions)

Please note, a possible POF might be required if we feel the information is insufficient from the potential buyer.

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Financials (USD)

Asking Price $86,000,000

Property Details

Parcel Size 43.00 Hectares

Deal Terms

Who is Listing the Property? Other

Seller Financing Available? Available On Request

Seller Willing To Lease? No

Broker Co-Op? No

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